India has declined to receive liquefied natural gas (LNG) from Russia’s Portovaya plant in the Baltic Sea, which is subject to US sanctions, leaving a tanker bound for India in limbo as talks continue over permitted c...
The US Trump administration, on April 17, renewed a waiver allowing countries to purchase Russian oil and petroleum products already loaded at sea for about a month, a move made to curb global energy prices as a resul...
The US will not renew a 30-day sanctions waiver on Iranian oil shipments at sea set to expire this week, while also allowing a similar waiver on Russian oil to lapse over the weekend, according to administration offic...
India has directed its oil refiners to submit weekly disclosures of crude oil purchases from Russia and the United States, a first-of-its-kind move intended to provide the Prime Minister’s Office with verified data fo...
India’s imports of Russian crude oil are set to exceed 1 million barrels per day (mmbbl/d) in December, defying earlier expectations of a sharp decline as refiners resume purchases from non-sanctioned suppliers ...
The European Union (EU) has imposed new sanctions on Russian oil interests, targeting traders and shipping networks accused of helping Moscow bypass Western restrictions on crude exports that fund its war in Ukraine, ...
Middle Eastern oil producers, including Saudi Arabia, Iraq, and Kuwait, will increase crude oil shipments to India in December. This strategic move allows the Organization of the Petroleum Exporting Countries (OPEC) m...
U.S. President Donald Trump reaffirmed that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did n...
Indian Oil Corporation (IOC), the state-owned multinational oil and gas company, along with Bharat Petroleum (BPCL.NS), have secured Russian crude cargoes for delivery in September and October, marking a return to pu...