India’s biggest refiner buys US, Middle East crude as Trump slams Russia purchases
SINGAPORE/NEW DELHI : Indian Oil Corp (IOC.NS), opens new tab has bought 7 million barrels of crude from the United States, Canada and the Middle East, four trade
Indian state refiners pause Russian oil purchases, sources say
NEW DELHI : India’s state-owned oil refiners have not imported Russian crude over the past week as discounts have narrowed and U.S. President Donald Trump warned that buyers
Shippers ask to end contracts with Russian-backed refiner Nayara
MUMBAI : The owners of three vessels chartered by India’s Nayara Energy have asked to end their contracts with company, six sources familiar with the matter said on
EU Sanctions start to disrupt Clean Product Exports from Nayara’s Vadinar Refinery
LONDON : The European Union’s latest sanctions on Nayara Energy, India’s Rosneft-linked refiner, are beginning to impact clean product flows out of the Vadinar terminal visibly. Oil flows
India critisizes EU’s Russia sanctions targeting Gujarat’s Vadinar Refinery : MEA
NEW DELHI : India on Friday said it does not subscribe to any unilateral sanctions and called for ending double standards in energy trade after the European Union
Oil bunker costs to double by 2035 on IMO rules, says Wartsila
NEW YORK : Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas emissions, Finland-based Wartsila’s CEO Hakan
Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: R
NEW YORK : Israel’s airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional instability. While the escalation
Shipping data: UNCTAD releases new seaborne trade statistics
GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment policies. UN Trade and
Union Govt relocates major refinery projects from Maharashtra to Gujarat & Andhra Pradesh
NEW DELHI : The Indian government is shifting plans for two large-scale oil refineries, each with an annual capacity of 10-15 million tonnes and integrated petrochemical units, from
India’s Crude Oil imports fall amid refinery shutdowns and West Asia tension
NEW DELHI : India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical crisis in West Asia which