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HMEL OIL PURCHASES
India’s Russian oil imports cool 20% in April after March spikeIndia’s imports of Russian crude fell 20% month-on-month in April to 1.57 million barrels per day, cooling after a March surge driven by fl...- Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources sayIndian refiners Bharat Petroleum and HMEL have bought Venezuelan crude oil. This marks Bharat Petroleum's first purchase and HMEL's first i...
- Reliance stays away from Russian oil, public sector firms lap it upIndia's Russian crude oil imports saw a slight dip in early January, with Reliance Industries halting purchases while state-run refiners li...
- Russian oil flows to India sink but Reliance may limit declineRussian crude oil shipments to India are projected to reach a three-year low in December, with deliveries anticipated around 1.1 million ba...
- Russian crude oil not economical for refinery: HPCL CEOIndian refiners have halted new orders for Russian oil. This follows US sanctions on two Russian companies. Hindustan Petroleum Corporation...
- Indian Oil seeks bids for 24 mn barrels of oil from Americas after Russia curbsState-run Indian Oil Corp has invited initial bids to supply 24 million barrels of crude oil from the Americas for the January–March 2026 q...
- Mittal-HPCL JV halts Russian oil purchases after fresh sanctionsHMEL has stopped buying Russian oil due to new Western sanctions. The company stated it cannot confirm past deliveries involving sanctioned...
- HPCL-Mittal Energy JV suspends Russian oil buy; says ships that delivered oil not under US sanctionsSteel tycoon Lakshmi Mittal's energy venture HMEL has stopped buying Russian crude oil. This decision follows new sanctions imposed by the ...
- Lakshmi Mittal’s energy venture buys Russian oil shipped via US-blacklisted vessels: ReportSteel tycoon Lakshmi Mittal’s energy joint venture has purchased Russian oil transported on vessels under U.S. sanctions, according to a Fi...
- Sanctioned oil tanker nears Adani Port laden with Russian crudeA sanctioned tanker, the Spartan, carrying Russian oil is nearing Adani Group's Mundra port in India, potentially marking one of the final ...
- Adani bans entry of sanctioned ships at its ports: SourcesAdani Ports has decided to not allow sanctioned vessels at its ports. The company issued orders to this effect. These orders apply to vesse...
- India refiners wait for government order on Russian oil purchases, sources sayIndian refiners are awaiting government guidance on Russian oil imports after the U.S. imposed new tariffs due to India's energy ties with ...
- Russia replaces UAE as the top naphtha supplier to India in 2024-25Russia has overtaken the UAE as India's leading naphtha supplier. This change is due to discounted prices, with Russia providing more than ...
- India's Iran oil purchases to fade ahead of US sanctionsIndia's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had be...
- Essar Oil, MRPL, IOC pay $700 million to Iran towards oil duesThis is the second payment by Indian refiners this year ahead of easing of international sanctions against the Persian Gulf country.
- India to pay another $700 million to Iran on October 12The dues to Iran on crude oil that refiners buy have accumulated as western sanctions blocked payment routes since 2013.
- Indian oil companies like Essar Oil, MRPL pay $700 million to Iran for oilHPCL-Mittal Energy (HMEL) and Hindustan Petroleum Corp (HPCL) made up for the remainder of the payments made today.
- Indian oil refinery cos to pay first tranche of $700 mn to Iran on WednesdayIndian refiners, including MRPL and Essar Oil, will pay Iran the first tranche of $700 million on Wednesday to clear nearly a tenth of outs...
- RBI to facilitate oil payments of $ 6.5 billion to IranRBI will assist Indian refiners to clear over $ 6.5 billion of past dues they owe to Iran for crude oil purchases, a senior official said.
- India plans to pay $1.65 billion Iran oil dues via UAE central bank: SourcesIndia plans to clear some pending oil payments to Iran through the United Arab Emirates central bank, three sources with knowledge of the m...
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