Russia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent...

North American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...

To counter the escalating risk of drone assaults from Russia and Ukraine in the Black Sea, vessels passing through the Bosphorus are equipp...

Indian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...

An Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...

Russian President Vladimir Putin said Russia was winning the war in Ukraine, claiming its battlefield advances were accelerating and warnin...

Ukrainian President Volodymyr Zelenskiy warned airlines and insurers that Russian airspace was becoming increasingly dangerous because of U...

Germany has blamed Russia for an attempted drone attack at Leipzig airport. Authorities found evidence linking the device to Russian hybrid...

India's commerce department seeks US market access for unique export products. Exporters raised concerns about lower US order volumes and c...

The attack on the Kirishi refinery, deep inside Russian territory, came as Moscow said it was preparing "massive strikes" against Ukrainian...

A Russian strike on a warehouse west of Kyiv killed 38 people, marking the year's deadliest attack. Russia plans massive strikes on Ukraine...

Russia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...

India has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...

On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...

Indian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...