Western sanctions, Houthi attacks boost appeal of Russia’s Arctic Sea routeRussia commenced its first oil shipment of the year via the Northern Sea Route to China, typically used only in summer.
25 Jul, 2024, 10.15 AM IST
India's Russian oil imports rise to nine-month high in AprilIndia's Russian oil imports surged to a nine-month peak in April as shipments resumed on non-sanctioned tankers, largely operated by Sovcom...
21 May, 2024, 01.22 PM IST
Reliance refusing Sovcomflot oil shipments after sanctions, sources sayThe development adds to oil export problems for Russia as its oil firms may face difficulties finding ships to sell surplus oil after recen...
20 Mar, 2024, 07.44 PM IST
Russia’s crude oil delivery problems to India aren’t over yetTwelve tankers are anchored, holding the key Russian crude grade. Most haven’t moved far for more than a month, vessel tracking data compil...
20 Feb, 2024, 08.01 AM IST
Russian oil still going through Red Sea despite Houthi missilesNo tankers carrying Russian crude have yet diverted to avoid the southern Red Sea, according to tanker tracking data monitored by Bloomberg...
16 Jan, 2024, 07.06 PM IST
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 - ...
19 May, 2023, 05.22 PM IST
Russian oil logistics in chaos with weeks until sanctions biteA vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests. Intense US-led diplomatic wrangling to s...
23 Oct, 2022, 06.45 AM IST
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...
17 Oct, 2022, 10.13 PM IST
Russia sanctions spur buying frenzy for ice-breaking tankersThe EU will ban seaborne imports of Russian crude to member countries from Dec. 5 and restrict its companies from shipping, insuring and fi...
14 Oct, 2022, 08.51 AM IST
EU decides to ease sanctions on Russian oil exports“With a view to avoid any potential negative consequences for food and energy security around the world, the EU decided to extend the exemp...
24 Jul, 2022, 10.01 AM IST
Russia's crude flows to India take hold near unprecedented levelsAs China emerges as the only market for crude shipped from ports on Russia’s Pacific coast, India has rapidly become the largest purchaser ...
15 Jun, 2022, 10.18 AM IST
ONGC Videsh says oil movement from Sakhalin-1 project disrupted due to sanctions against RussiaSakhalin-1 produced around 271,000 barrels of oil per day in January and February 2022, according to the Russian Energy Ministry data, agai...
13 Jun, 2022, 02.45 PM IST