<p>During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding
New Delhi India’s largest Iranian oil buyer plans almost to halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut supplies from Iran as Western sanctions make trade with Opec’s second-largest producer difficult. India, China and Japan buy almost half of Iran’s estimated 2.6 million barrels per day of oil exports, but a raft of US and European sanctions aimed at choking off funding for Iran’s nuclear programme are squeezing its oil supply lines.
The director general of the International Atomic Energy Agency (IAEA) said on Monday his organisation could not be sure that Iran's nuclear programme did not have military aims. "The agency is unable
India and Iran have agreed to enhance co-operation in the field of renewable energy. In a meeting with the Iran President, Mr Mehmoud Ahmadinejad, in Tehran on Monday, the Union Minister of New and Renewable
Rejecting US pressure, Pakistan said Thursday it would pursue Iran-Pakistan gas pipeline project "as it is vital to overcome country's energy crisis." Briefing reporters here, Foreign Minister Hina Rabbani
Pakistan has started importing 70MW electricity from Iran which is being supplied to Makran Division of Balochistan province. A spokesman of the Ministry of Water and Power said on Wednesday that after
NEW DELHI: Oil minister S Jaipal Reddy on Monday joined issue with Barack Obama to debunk the US president's argument that demand from India and China was pushing up world oil prices, even as he denied
MUMBAI: Oil, which touched $124 a barrel mark on Friday, appears set to touch a new record and breach the $150 mark on mounting Iran crisis. Analysts feel that the government is holding back from hiking
After the US, Its now the turn of Israel to counsel India to reduce its dependence on oil from Iran in view of the controversial nuclear programme of the Islamic republic. ''If Iran becomes nuclear, Saudi
New Delhi To serve the expected addition in refining capacity and to partly replace any shortfall in crude oil supplies from Iran, India has sought an additional 5 million tonne of crude oil from Saudi Arabia. India has also sought investments from Saudi firms in its new petrochemical and refinery projects. “We have sought 5 million tonne extra crude oil from Saudi Arabia for 2012-13,” minister of state for petroleum and natural gas R P N Singh said here after holding discussions with the visiting assistant minister for petroleum affairs Abdul Aziz Bin Salman bin Abdulaziz.
Beijing/New Delhi China, India and Japan are planning cuts of at least 10% in Iranian crude imports as tightening US sanctions make it difficult for the top Asian buyers to keep doing business with the Opec producer. The countries together buy about 45% of Iran’s crude exports. The reductions are the first significant evidence of how much crude business Iran could lose in Asia this year as Washington tries to tighten a financial noose around Tehran. The cuts would add to a European Union ban on Iran oil imports, which comes into effect on July 1, to restrict the flow of vital foreign exchange to Tehran under pressure over its nuclear program.
