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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...

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...

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...

Tanker with Russian oil for sanctions-hit Nayara Energy’s Vadinar Port diverts to Mundra Port

MUNDRA : An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar Port in India to unload...

EU curbs on Russian oil could impact India’s $15 billion fuel exports

NEW DELHI : India's petroleum product exports worth USD 15 billion to the European Union (EU) may be at risk as Brussels moves to...

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs driving industry pivot toward Asia

SINGAPORE : With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of...

ClassNK releases ‘FAQs on the FuelEU Maritime (4th Edition)’

TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (4th Edition)’. It can serve as a helpful guide for stakeholders in the shipping...

eCap Marine to provide hydrogen power solutions to Samskip and Møre Sjø vessels

HAMBURG : This year’s Nor-Shipping maritime trade fair, held in Oslo, proved to be a huge success for eCap Marine, a leading provider of...

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,...

Ambani partners with Adani to use each other’s fuel networks

MUMBAI/AHMEDABAD : Billionaires Mukesh Ambani and Gautam Adani have joined hands to sell transportation fuels using their respective groups’ retail stations across India. Reliance Industries’s...
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