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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...

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...

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...

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,...

Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report

NEW YORK : Israel's airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional...

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...
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