Trump: Venezuela to Transfer Up to 50M Oil Barrels to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
Category : Search result: strategic petroleum reserves
Top 10 Countries with Largest Gold Reserves in 2025
Central banks hold a fifth of all gold ever mined. See where India ranks among the top 10 nations with the largest gold reserves as of Q3 2025. Explore the data and strategic importance.
World's Largest Oil Reserves 2025: OPEC Dominates
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
IIPE's Rs 550 Cr Permanent Campus Opens in Vizag
Indian Institute of Petroleum and Energy's new 200-acre campus near Visakhapatnam begins operations. Students celebrate new academic life with state-of-the-art facilities. Read more.
India's US crude imports jump 92%, Russia share dips
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
India's Forex Reserves Rise to $696.61 Billion
India's foreign exchange reserves surged by $3.293 billion to $696.61 billion as of December 26, RBI data shows. Gold holdings led the increase. Read the full analysis.
India Monitors Russian Oil Buys Weekly for US Trade Deal
India mandates refiners to report weekly crude imports from Russia & US, seeking accurate data for sensitive trade negotiations. Talks face hurdles over Russian oil purchases and agricultural access.
PNG gets cheaper by 70 paise in Delhi-NCR from New Year
Indraprastha Gas Limited cuts domestic PNG prices in Delhi and NCR by 70 paise per unit from January 1, 2026. Nearly 25 lakh households to benefit. Read more.
BRICS Gold Reserves Challenge US Dollar Supremacy
BRICS nations now control half of global gold production, driving a strategic shift away from dollar reliance. Explore the implications for India and the global financial system.
India's Oil Import Bill Falls 12% as Crude Prices Dip
India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.
India's Forex Reserves Jump $4.37 Billion to $693.32 Billion
India's foreign exchange reserves surged by $4.37 billion to $693.32 billion as of December 19, 2025, nearing an all-time high. Discover the RBI's latest gold holdings and what this means for the economy.
Forex Reserves Rise $4.36 Billion to $693 Billion
India's foreign exchange reserves surged by $4.36 billion to $693.12 billion for the week ending May 31, 2024, marking a significant recovery. Explore the key drivers behind this growth.
India's Forex Reserves Surge to $693.32 Billion
India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.
India's Petrol Pumps Cross 1 Lakh Mark, 3rd Largest Globally
India's petrol pump network has doubled since 2015, crossing 100,000 outlets. State-run firms lead the expansion, boosting rural and highway access. Discover the details of this massive growth.
India's Petrol Pumps Cross 1 Lakh Mark
India's petrol pump network has doubled in ten years, crossing 1 lakh outlets. This makes it the world's third-largest retail fuel network. Discover the details and implications of this massive growth.
Manipur fuel crisis looms as dealers protest security threats
Manipur faces a severe fuel crisis as petrol pump dealers warn of a statewide shutdown over bomb threats and extortion. Read about the urgent security concerns and potential impact.
India's Forex Reserves Rise to $688.949 Billion in December
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
PNGRB Rolls Out Consumer Protection Rules for Oil & Gas
The Petroleum and Natural Gas Regulatory Board introduces a comprehensive consumer protection framework for the oil and gas sector, aiming to ensure fair practices and timely grievance redressal. Learn about the new rules and their impact.
India's Forex Reserves Hit $687.26 Billion in December
India's foreign exchange reserves remain robust at $687.26 billion as of December 12, 2025, showcasing economic strength. Explore the RBI's confidence versus the US Fed's cautious stance.
NCLT Approves Vedanta Demerger Plan
The National Company Law Tribunal greenlights Vedanta's split into separate companies, overcoming objections from the Petroleum Ministry. Read the full details and implications.
Arjuna Ranatunga faces arrest in Rs 800mn oil scam
Sri Lanka's 1996 World Cup-winning captain Arjuna Ranatunga is likely to be arrested over alleged corruption causing an Rs 800 million loss to the Ceylon Petroleum Corporation. Read the full story.
Sri Lanka's Arjuna Ranatunga to be Arrested in Oil Scam
Sri Lankan cricket legend Arjuna Ranatunga faces imminent arrest over alleged involvement in a multi-million dollar oil procurement scam. Read the full details of the case.
Sri Lanka to arrest ex-cricket captain Arjuna Ranatunga
Sri Lankan authorities plan to arrest former cricket captain Arjuna Ranatunga over alleged corruption in a 2017 oil procurement deal. Read the full details of the case and its connection to the country's anti-corruption campaign.
India's Forex Reserves Fall to $686.2 Billion
India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.
India's Forex Reserves Fall to $686.23 Billion
India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.
India's Forex Reserves Fall to $686.227 Billion
India's foreign exchange reserves declined by $1.88 billion for the week ending July 5, 2024, settling at $686.227 billion. The drop was primarily due to a decrease in foreign currency assets, though gold reserves saw an increase. Get the full analysis he
Putin Reaffirms 'Special' India-Russia Partnership in Delhi
Russian President Vladimir Putin, in New Delhi, hailed the deep India-Russia bond with an Indian proverb. He praised strategic ties in energy, space & global order as India gears up for BRICS leadership. Watch the full speech.
RBI Governor: No Target Level for Rupee, Market Decides
RBI Governor Sanjay Malhotra clarifies the central bank does not target a specific price for the rupee, allowing markets to determine its correct value. Details on forex reserves and policy focus inside.
India's $59 Billion Trade Deficit with Russia Needs Balancing: Goyal
Commerce Minister Piyush Goyal calls for diversifying trade with Russia to address a skewed $59 billion deficit. Explore the details and future steps for bilateral trade balance.
Indian Rupee Hits 90 vs Dollar, Asia's Worst Currency
The Indian rupee breached the 90 mark against the US dollar, becoming Asia's worst-performing currency. Experts analyze the causes and why the government remains calm. Read more.
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