Seoul, April 3 – The ruling Democratic Party (DP) of South Korea and the government agreed on Monday to send special envoys to Saudi Arabia, Oman, and Algeria to secure crude oil supplies, as the Strait of Hormuz, a key oil shipping route, has effectively been closed due to the ongoing...
algeria
crude oil
democratic party
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energy supply chains
middle east
naphtha
oil supply
oman
petrochemicals
saudi arabia
south korea
strategicoilreserves
us-iran relations
yonhap news agency
New Delhi, March 24 Prime Minister Narendra Modi said on Tuesday that the government has formed seven empowered groups to develop strategies on fuel, supply chains, and fertilizers, among other things, to address the impact of the West Asia crisis.In a statement in the Rajya Sabha, he said the...
diplomacy
economic growth
empowered groups
energy security
fertilizers
fuel supply chains
government strategy
import-export operations
india
natural gas
political statements
regional conflict
sowing season
strategicoilreserves
west asia crisis
New Delhi, March 24 Prime Minister Narendra Modi said on Tuesday that the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.In a statement in the Rajya...
New Delhi, March 23 India's strategic oil reserves, designed to provide cover for about 9.5 days of supplies during disruptions or price shocks, are currently at only two-thirds capacity, the Rajya Sabha was informed on Monday.India, the world's third-largest energy consumer and heavily...
March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to stabilize global markets.Approximately 400 million barrels will be released, with supplies in Asia and Oceania starting immediately, and in Europe and the...
americas
asia
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energy supply
europe
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global energy markets
international energy agency
new delhi
oceania
oil prices
strategicoilreserves
March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to help stabilize global markets.Approximately 400 million barrels will be released, with supplies to Asia and Oceania starting immediately, and deliveries to...
March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...
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international energy agency
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tim hodgson