India may take oil from Iran, Venezuela again under new US admin
NEW DELHI: India may pursue a case for resumption of oil supplies from sanction-hit Iran and Venezuela once the Joe Biden administration takes charge in the US. Sources in the Oil Ministry said that as a big importer of oil, India wanted to have a diversified market for crude and in this, if traditional markets […]
Pharma firm in India to make Russia’s Sputnik V COVID-19 vaccine
MOSCOW:Indian pharmaceutical company Hetero will manufacture over 100 million doses of the Russian Sputnik V COVID-19 vaccine per year under the terms of a deal unveiled on Friday between it and Russia’s RDIF sovereign wealth fund. The move, which RDIF cast as another step in its efforts to scale up international manufacturing of its flagship […]
Venezuela resumes direct oil shipments to China despite U.S. sanctions
By Luc Cohen, Marianna Parraga Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA). Chinese state companies China National Petroleum Corp (CNPC) and PetroChina – long among […]
Venezuela plans to use Russian and Chinese coronavirus vaccines
CARACAS: Venezuela plans to vaccinate citizens with Russian and Chinese coronavirus vaccines, which could arrive in the South American nation in December or January, President Nicolas Maduro said on Tuesday. “It has been announced that the completed Russian and Chinese vaccines should arrive by December, January, December-January, and we are going to start vaccination,” Maduro […]