Tag Archives: Petroleum

Balance of payments to be ‘very, very strong’ this year: Piyush Goyal 

India’s exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country’s trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent. The country posted a trade surplus of USD 0.79 billion in June. 

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MoU signed for India to develop strategic petroleum reserve in US 

Minister Pradhan said that during the meeting, he expressed his keenness to work closely with the US government to realise the “full potential of our Strategic Energy Partnership”.

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India likely to store oil in US; signs MoU for operation, maintenance of strategic petroleum reserves 

As per the MoU signed at the US-India Strategic Energy Partnership meet, the two countries would also work towards exchange of information and best practices.

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