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India-UAE energy ties boost: ADNOC and HPCL seal $2.5 billion gas deal; New Delhi to receive half a million tonnes of LNG annually

India and the United Arab Emirates sealed a major energy partnership with a long-term liquefied natural gas agreement worth more than $2.5 billion, the Emirati government announced on Monday. The deal was signed by ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and Indian oil giant Hindustan Petroleum Corporation Ltd. Under the…

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VinFast-backed V-GREEN ties up with HPCL for EV charging facilities

Mumbai, VinFast-backed charging infrastructure firm V-GREEN on Tuesday said it has joined hands with Hindustan Petroleum Corporation Ltd (HPCL) to set up electric vehicle charging facilities at HPCL fuel stations across different markets. The agreement holds strategic significance as India accelerates its transition toward green transportation, the company said. The state-owned HPCL’s existing 24,400 retail…

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India’s fuel exports fall 21% in October: Domestic demand surges; HPCL and Nayara hit by disruptions

India’s fuel exports drop India’s fuel exports dropped 21% month-on-month in October as refiners prioritised domestic demand during the festive season and redirected supplies to cover gaps caused by Hindustan Petroleum Corporation Ltd’s (HPCL) refinery outage. Exports remained constrained for Nayara Energy due to sanctions.Fuel shipments fell to 1.25 million barrels per day (bpd) in…

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