NEW DELHI: India’s crude security is all set to get a boost with its reserve likely to increase by nearly 70% from 5.3 million tonnes, as the UAE’s Abu Dhabi National Oil Company (ADNOC) has agreed to ramp up crude oil storage to as much as 30 million barrels.

Deals set to enable energy firms to explore opportunities in crude, gas and trade

NEW DELHI: India’s crude security is all set to get a boost with its reserve likely to increase by nearly 70% from 5.3 million tonnes, as the UAE’s Abu Dhabi National Oil Company…

Foreign Secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in…

India and the UAE signed major agreements on energy, defence, AI and trade, including crude oil storage and $5 billion investments in India.

Petroleum reserves, long-term LPG contracts and resilient crude flows point to a shift in India’s strategy to ensure energy security, analysts say.