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EUROPEAN FLEET BUYERS
US-sanctioned tanker sale to India scrapyard shows dark fleet painA US-sanctioned tanker, Contract II, is being dismantled in Alang, India. The sale involves extended payment terms and measures to hide the...
EU Envoy to India clarifies sanctions on Russia, says no disruption to global supply, purchasesEU Ambassador Herve Delphin stated that the EU's sanctions on Russia aim to weaken its war economy while maintaining global oil market stab...
EU fuels crude awakening for Nayara Energy, but Reliance feels the heat tooEuropean Union sanctions against Nayara Energy and restrictions on Russian oil-derived fuels present significant challenges for Reliance In...
Oil prices remain near four-month highs as markets weigh Russia sanctions impactBrent LCOc1 futures slipped 22 cents, or 0.27%, to $80.79 a barrel by 0122 GMT, while U.S. West Texas Intermediate (WTI) crude fell 16 cent...
Russian oil tankers switch flags to sail beyond western sanctionsA tanker named Jaguar transported Russian oil to India, switching flags to dodge Western sanctions. Despite efforts to track Russian assets...
Leasing model behind Europe's EV drive at risk of breakdownEurope's auto leasing firms have doubled their prices for electric cars due to low resale values. Cuts in subsidies for new EVs in key mark...
Russia boosts oil revenues as shipping and trading network growsRussian oil exporters are selling oil to India at higher prices than at any time since the start of the Ukraine war, as more shippers and t...
Tesla doing damage-control, discounts for European fleet buyersTesla faces challenges in Europe as repeated price cuts hurt leasing companies' fleets and slow service alienates corporate customers. Tesl...
Russia may have found buyers for its oil but aging tankers pose a new riskThe aftermath of European Union sanctions on Russia mean that the Turba has been enlisted into a vast shadow fleet carrying Moscow’s oil ar...
Russia biggest oil supplier to India for 2nd month runningRussia supplied 909,400 barrels per day (bpd) of crude in November, making up 21% of the country's total imports of 4.29 million bpd, accor...
Why finding a real Russian oil price cap is proving so hard for the policymakers from EuropeTalks have so far focused on levels from $62 to $70 a barrel. Those who want the oil to keep flowing want a high cap, while those prepared ...
Chinese carmakers target more European sales with five-star EVsIn the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement t...
Russian oil logistics in chaos with weeks until sanctions biteA vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests. Intense US-led diplomatic wrangling to s...
Why Russian oil and gas price cap is easier said than doneThe officials, including U.S. Treasury Secretary Janet Yellen, say the measure will limit the price that Russia receives for oil while allo...
Qatar Airways grounds 13 Airbus A350s as fuselage degradingWhile Airbus declined to specifically discuss the announcement, Qatar Airways' decision to ground the aircraft raised questions about the A...
Electric vehicles will be cheaper than combustion by 2027: StudyThe study by Bloomberg New Energy Finance found that electric sedans and sport-utility vehicles will be as cheap to make as combustion vehi...
- Government cover likely for ships carrying Iran oil
Govt is considering the option of providing sovereign guarantee for Indian shipping lines for import of crude from Iran.