Are Indian oil companies investing in upstream projects in Russia?
For two and a half years, the dividend income of Indian oil companies ¡ª ONGC Videsh (OVL), Oil India (OIL), Indian Oil Corporation (IOC), and Bharat PetroResources (BPRL) ¡ª from investments in upstream projects in Russia have been piling up in that country.
Will India double edible oil production in 7 years?
Edible Oil (Photo: Wikipedia) India on Thursday approved a Rs 10,100 crore ($1.2 billion) programme to double edible oil production in the country within seven years, aiming to reduce dependence on costlier imports, the government said in a statement.
Which country imports the most edible oil in the world?
The world’s largest importer of edible oils, India currently fulfils nearly two-thirds of its demand through overseas purchases of palm oil, soyoil, and sunflower oil, primarily from Indonesia, Malaysia, Argentina, Brazil, Russia, and Ukraine.
Is Russia the world’s largest exporter of petroleum products?
Russia is one of the world¡¯s largest exporters of petroleum products - but what exactly are they? Russia is the world¡¯s biggest exporter of oil and petroleum products. The United States recently banned oil and gas imports from Russia. But Russia is one of the the world¡¯s largest exporter of all oil products.