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Petrochem Middle East

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'Direct threat to US': Trump sanctions Indian firms

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional......

In India, Saudi deals, a message for Pak on terror

India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.......

'When Modi chants Ram, Ram, the youth chant kaam kaam'

'Who are these people on the streets?''They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.''And Mamata sings the......

Why Iran is upset with India

'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar. IMAGE: External Affairs......

Saudi placates Pakistan. What about India?

'Wouldn't the Saudi leadership know that King Salman's decision would upset India?' 'Nonetheless, the Saudis estimate that Pakistan's importance by far outweighs the dalliance with India,' notes......

India to cut direct Russian crude imports from December

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21. IMAGE: A well head and a drilling rig in an......

US sanctions Indian companies over Iran oil trade

The Trump administration has sanctioned six Indian companies for their 'significant' sales and purchases of Iranian-origin petrochemical products. Illustration: Dado Ruvic/Reuters "The Iranian......

Reliance plans $24bn investment in petrochemicals

Reliance Industries, India's largest company by market value, plans to spend $24 billion over the next ten years in setting up petrochemicals projects in the Middle East, company chairman and......

Trade issues that India, Saudi Arabia discussed

India and Saudi Arabia on Monday decided to expedite implementation of the $50 billion West Coast refinery project, and identified energy, defence, semiconductor and space as areas for intensified......

'India is a bright spot. Lot of hope for next two decades'

'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.' Photograph: Kind courtesy Linde Plc Linde Plc is bullish on India's growth story......

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