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Reliance set to buy Iran oil after five-year hiatus

Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran. Reliance Industries Ltd, owner of the world's biggest......

Iran-India $2.5 bn steel deal totters as end of sanctions looms

* $2.5 billion, three-year export deal agreed in June 2014* Iran has complained of irregular shipments* No exports since Iran stopped paying in September - source* UN nuclear watchdog poised to......

Rupee payments for Iran oil exempted from local taxes

In order to facilitate purchase of crude oil from Iran, the Finance Ministry has issued a notification exempting payments made in Indian rupee for such imports from any local tax. The......

Budget exempts Iranian oil payments from Income Tax

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax. Iran had in......

$5-bn unpaid bills: No Iran oil for Indian refineries!

In signs that Iran is serious about shutting off crude oil supplies to India over unpaid bills, the Islamic Republic has not allocated any volumes for supply to any of the Indian refiners for......
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Reports

TEHRAN, Iran - Iran has said that its daily oil output has surpassed 3.5 million barrels. Iran's SHANA news agency reported that Iran's deputy... ...

http://www.newdelhinews.net/index.php/sid/243231663
India's $20B investment in Iran will be in oil, petrochemical and fertiliser projects

In a round-up of the two-day-long India-Iran oil diplomacy, India's first-day commitment of $20-billion investment in the port of Chabahar is now... ...

http://www.ibtimes.co.in/indias-20b-investment-iran-will-be-oil-petrochemical-fertiliser-projects-674137
India, Iran to seal prolific gas project Farzad

Signing a definite agreement to develop the prolific Farzad-B gas project by an Indian consortium is the top priority for New Delhi. (Reuters)... ...

http://www.financialexpress.com/article/economy/india-iran-to-seal-farzad-b-gas-project-by-october/234828/
Report

New Delhi : India is set to import at least 400,000 barrels per day (bpd) of Iranian oil in the year from April 1, with refiners looking to ramp up... ...

http://profit.ndtv.com/news/economy/article-oil-imports-from-iran-set-to-hit-7-year-high-in-fy17-report-1338614
Asia Fuel Oil-Premiums slip on ample supply but buying interest still strong

Cash differentials of Asian fuel oil slipped on Tuesday, fuelled by concerns of ample supplies and growing inventories, traders said. Despite... ...

http://shippingtribune.com/asia-fuel-oil-premiums-slip-on-ample-supply-but-buying-interest-still-strong/

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