India a stabilizing factor in Arctic amid efforts by European NATO states to impose own rules in region: Russian EnvoyRussia views India's growing interest in the Arctic as a stabilising factor amidst NATO tensions. The collaboration between the two on scie...
Enso Group partners with G-Energy to launch engine oils in IndiaEnso Group's Enso Oils & Lubricants has partnered with Gazpromneft-Lubricants to bring G-Energy engine oils to India. The launch event in M...
Russian refineries cut oil runs due to losses, closures loomAt least three Russian oil refineries have been forced to halt or reduce production due to financial losses. Export restrictions, surging c...
Oil prices fall as weak demand overshadows Libya blockadeBrent oil prices dropped in Asian trade on Tuesday as concerns about weakened demand in China outweighed the effects of a blockade on Libya...
UK announces new sanctions on Russia targeting 86 individuals and entitiesThe 86 designations target individuals and organisations connected to Russia's energy, metals, defence, transport, and financial sectors - ...
India remains top destination for Russian Urals oil in AprilAttractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freig...
Rosneft moves into tanker chartering as EU ban loomsPreviously, state-controlled Rosneft, which produces more than 40% of Russian oil, would sell its oil at the port of loading, meaning the b...
Crypto Price Today: Bitcoin barely holds $20,000; Solana, Avalanche plunge up to 13%The global cryptocurrency market cap was trading at the $893.91 billion mark, dropping 7 per cent in the last 24 hours. However, total cryp...
IOC renews deal to buy up to 2 MT of oil from Russia's RosneftIndia has tied up supplies from Russia to the US in a bid to diversify its oil import basket, cutting reliance on the Middle East to meet i...
India, Russia plan MoU on coking coal; boost crude oil tradeThe ministers also reviewed ongoing projects and plans including the participation of Indian companies such as Indian Oil Corporation in Ru...
Russo-Finnish smart drilling tech could boost India’s oil well productivity: ReportZYFRA has invested USD 9 million in acquiring a controlling stake in Geosteering Technologies (GTI), one of the leading vendors of “smart d...
IOC-led consortium to buy 24% stake in Vankor oil fieldThe recoverable resources of the Vankor field as of January 1 stood at 361 million tonnes of oil and condensate and 138 billion cubic meter...
Essar Group, Rosneft to sign 10-year oil deal: SourcesEssar Group will sign a long-term crude import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday,...
Putin keen on exporting LNG to IndiaHe says cost of selling natural gas to India through a cross-country pipeline was much higher than shipping it in its liquid form (LNG).
- OVL hopes to ink pact for Russian oil fields during Medvedev's visit
ONGC Videsh is hoping to sign an agreement to take a stake in the Trebs and Titov in in the Arctic during Russian President Dmitry Medvedev...
- Russia disqualifies ONGC from bidding for 2 oilfields
Russia has disqualified state-owned Oil and Natural Gas Corporation (ONGC) from bidding for the giant Trebs and Titov fields in northwest R...
- Russia: A commodity giant wakes up
Russia is a resource-rich country, and now a dominant player in the world energy market. It is quite literally fuelling the rise of the pow...