Reliance resumes Russian oil importsReliance Industries has restarted buying discounted Russian crude oil. The company is sourcing barrels from suppliers not under sanctions. ...
25 Dec, 2025, 12.01 AM IST
Four top refiners turn to Russia oil; Reliance Industries stays awayIndian refiners are actively buying discounted Russian crude. Four of the seven largest processors are now sourcing non-sanctioned barrels....
11 Dec, 2025, 12.27 AM IST
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...
01 Dec, 2025, 04.33 PM IST
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...
25 Nov, 2025, 04.26 PM IST
US sanctions on Russian oil set to kick in, with 48 million barrels of crude at seaNew US sanctions are set to disrupt Russian oil exports. Millions of barrels may be stranded as tankers seek new routes. Indian refiners ar...
21 Nov, 2025, 10.32 AM IST
Russian oil cargoes race to India as sanctions deadline nearsMillions of barrels of Russian crude are en route to India. Tankers from Rosneft and Lukoil are nearing India's shores. US sanctions agains...
19 Nov, 2025, 10.31 AM IST
Oil tanker with cargo from curb-hit Rosneft idles off MumbaiA tanker carrying Russian crude from sanctioned Rosneft PJSC has been waiting off Mumbai for a week, with its cargo still aboard. Indian re...
31 Oct, 2025, 05.09 PM IST
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 ...
31 Oct, 2025, 03.32 PM IST
India-bound tanker carrying Russian crude U-turns in Baltic SeaAn India-bound tanker carrying Russian crude has reversed course in the Baltic Sea. This move signals potential disruption in oil trade bet...
29 Oct, 2025, 02.12 PM IST
Oil dips as OPEC output plans offset US-China trade optimismOil prices are falling. OPEC plans to increase production. This is putting pressure on the market. However, there is optimism about a trade...
28 Oct, 2025, 07.37 AM IST
Reliance snaps up Middle East oil after Russia sanctionsReliance Industries is buying millions of barrels of crude oil from the Middle East and the US. This comes after sanctions were imposed on ...
24 Oct, 2025, 12.26 PM IST
US sanctions on Russian oil giants send shockwaves across ChinaChina's oil sector faces pressure from US sanctions on Russian energy firms. About 20% of China's crude imports come from Russia. Companies...
23 Oct, 2025, 11.52 AM IST
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...
30 Aug, 2025, 03.21 PM IST
Indian refiner Nayara seeks new local bank after EU sanctionsNayara Energy, part-owned by Russia's Rosneft, is seeking government assistance to establish a relationship with a domestic lender like UCO...
06 Aug, 2025, 01.36 PM IST
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 ...
06 Mar, 2024, 11.16 AM IST
CCI approves Rosneft buyout of Essar OilAs earlier reported in the ET, this deal will see the Essar Group cutting their Rs 1.25-1.3 lakh crore group-wide debt by more than half.
02 Dec, 2016, 01.46 AM IST
Turf war shifts: Rosneft-Essar oil deal threatens to weaken West Asia's dominanceRosneft is following a strategy by resource-rich firms and nations to secure outlets for their output, and may supply the facility with Ven...
17 Oct, 2016, 12.09 PM IST