EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...
- India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil...
Russian oil refineries boost output as drone attacks halt after US-brokered deal, sources sayRussian oil refineries have increased crude processing by 25% in the second half of October. This increase followed the cessation of persis...
Russia explores gas collaboration with US partners as Putin calls for higher supplyRussian President Vladimir Putin announced intentions to increase gas supply and explore collaboration with US partners. He emphasized the ...
No intention to increase ethanol blending in fuel beyond 20%: Union minister Hardeep PuriPetroleum Minister Hardeep Singh Puri on Tuesday said the Centre has no immediate plans to increase ethanol blending in petrol beyond the c...
Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oilUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
No pressure from US to cut Russian oil imports, Oil minister Hardeep Singh Puri saysOil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh...
India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
US courting Reliance's refining muscle to keep oil flowing, not curb Russian crude, analyst saysMarco Rubio's recent visit to Jamnagar emphasizes strengthening energy ties between the US and Reliance Industries. With a capacity of 1.4 ...
Melania Trump secures Russia-Ukraine ceasefire in Oleshky, the 'Hell on Earth' where people eat garden weeds and even the dead cannot be buriedIn a remarkable diplomatic effort, Melania Trump has successfully negotiated a ceasefire in Oleshky, enabling the distribution of vital hum...
First tanker of Russian diesel sets sail for the US in Trump's controversial deal with PutinA tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in ...
Putin's envoy says Nord Stream gas pipelines will 'inevitably' resume operationsKirill Dmitriev, an envoy of Russian President Vladimir Putin, told an economic forum in Istanbul on Thursday that the undersea Nord Stream...
Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...
Ukraine hits Saint Petersburg refineryTrump last week announced an "energy ceasefire" -- which neither side said they agreed to beforehand -- that quickly collapsed, with Moscow...
Trump puts Russia sanctions bill on hold, cites US national interest; retains power to reinstate measuresUS President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sa...