U.S. Energy Secretary Rick Perry will visit India this month to further enhance a recently added component in bilateral ties — energy trade. Last year India bought $2 billion worth of American crude oil from the via India's state-owned Bharat Petroleum Corporation Limited, Indian Oil Corporation, and Hindustan Petroleum Corporation...
Dover Fueling Solutions Wins Another Order from BPCL
Austin, Texas-based Dover Fueling Solutions scored on two fronts in December 2017, in India: the company was awarded a fuel dispenser tender from state-owned Bharat Petroleum Corporation Limited (BPCL), India’s leading oil marketing company, and it announced the opening of a new factory in Navi Mumbai. The fuel dispenser order...
First American Crude Oil Shipped to India
The first shipment of two million barrels of American crude oil costing $100 million will reach India in the last week of September, opening a new chapter in trade between India and the U.S. This consignment is a fraction of India's $70 billion oil import bill for 2016-17. Given the...