Global commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliveries expected in March. These efforts follow agreements with the U.S. government to market stranded Venezuelan oil, aiming to resume exports halted since 2019.
Maruti Suzuki India has partnered with Indian Oil Corporation to offer vehicle service facilities at select fuel stations nationwide. This collaboration aims to enhance customer convenience by providing routine maintenance and minor repairs at accessible locations, expanding Maruti Suzuki’s extensive service network and integrating automotive care with energy services.
GAIL India Limited is participating in the #NonStopZindagi campaign. This initiative promotes Piped Natural Gas and Compressed Natural Gas across India. The campaign aims to increase natural gas usage by 2030. It highlights benefits like safety and cost savings. The drive will use digital and on-ground methods to reach consumers.
Oil prices remained stable as investors weighed potential supply disruptions from Iran’s intensifying protests against efforts to resume Venezuelan oil exports. Rights groups report over 500 deaths in Iran, with at least 1.9 million barrels of its oil exports at risk. Meanwhile, companies are scrambling to secure ships for Venezuelan crude, with initial shipments expected…