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India picks up non-sanctioned Russian oil as discounts widenIndian state-run refiners IOC and BPCL have resumed limited purchases of discounted Russian crude for January delivery, securing cargoes at...- Indian banks consider financing non-sanctioned Russian oil tradeIndian banks are now open to financing Russian oil trade from non-sanctioned sellers, a shift from their previous hesitancy. This developme...
- India refiners set stage for slump in Russia oil purchasesIndian refiners, responsible for over half of the nation's Russian crude imports, have halted purchases for upcoming months. This decision ...
- Oil glut, strong ruble and sanctions wipe billions off Russia’s oil giantsRussian oil companies, including Rosneft, experienced a significant profit decline in the first half of the year. This downturn was attribu...
- European gas jumps as Vladimir Putin casts doubts on new dealCentral European nations that still buy Russian gas have floated alternative solutions to keep the fuel flowing across Ukraine, but Preside...
- Russia, China to expand oil and gas tradeRussia currently delivers gas to China through the Power of Siberia pipeline and plans to build a second supply link along the same route n...
- India turns cautious on contracted Russian oil as US sanctions biteThe biggest state-owned refiner Indian Oil Corp. will likely reduce the amount of crude received under so-called term supply, while Bharat ...
- Former Russian unit resumes regular LNG supplies to India; 6 US cos offer stake to GAILA former unit of Russian energy giant Gazprom has resumed supplying LNG to Indian state gas utility GAIL a year after it halted supplies du...
- After Russian flows dry up, India pays up to double price for gasThe global surge in natural gas prices after Russia’s invasion of Ukraine has hit price-sensitive emerging countries hard, forcing them to ...
- Lagarde’s inflation fight at ECB makes Fed’s job look simpleThat binary choice of either a half point or an unprecedented 75 basis points of monetary-policy tightening masks an ever-expanding litany ...
- Vladimir Putin to halt gas, Germany fears it's not coming backGiven Germany's dependence on Russia for more than a third of its gas supplies and a lack of viable alternatives in the short term, the cha...
- Exxon Mobil takes stake in $29 billion Qatar Gas ProjectEuropean buyers have rushed to secure non-Russian supplies since Moscow's invasion of Ukraine. Gazprom PJSC last week reduced pipeline gas ...
- Gas rationing now a real prospect for the European UnionWith European utilities forced to tap reserves intended to cover needs for the winter, government controls of gas distribution could start ...
- China considers buying stakes in Russian energy, commodity firmsThe discussions are at an early stage and won’t necessarily lead to a deal, the people said, requesting anonymity as the discussions aren’t...
- Russian stocks retreat 33% in biggest rout, $200 billion wiped outRussian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest ro...
- India receives first direct shipment of Russian LNG under long term contractThe shipment was supplied by Russian gas company Gazprom under its long-term (20 year) LNG contract with GAIL (India) Ltd, it was been lear...
- Hardeep Singh Puri’s Vladivostok visit boosts Indo-Russian energy tradeONGC and IOC signed separate MoUs with Russian gas sector giant Gazprom at the Forum where Puri met Dmitry Konov, chairman of the managemen...
- Gazprom & Zyfra JV on digital industrialisation eyes India's oil & gas marketGazprom Neft, a subsidiary of Gazprom and the third-largest oil producer in Russia, and Zyfra, Finnish-Russian industrial digitalization fi...
- GAIL is said to receive gazprom letter on LNG contract startNew Delhi-based GAIL pared earlier losses, rising as much as 1 percent to 469.10 rupees, and traded down 0.8 percent as of 2:06 p.m. in Mum...
- India seeks to rework more LNG contracts amid surplus, GAIL saysGAIL India is working toward renegotiating two more long-term deals, according to company’s chairman.
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