Indian refiners using Russian insurance for oil above $60/bbl, govt source saysIndian refiners are using Russian insurance for oil cargoes priced above $60 per barrel, bypassing the G7 price cap. Russian firms insured ...
19 Sep, 2024, 02.19 PM IST
Russian insurance shores up oil exports to top buyer IndiaRussian insurers are increasingly covering oil shipments to India, with 60 per cent of Moscow's oil cargoes insured by Russian firms in Jul...
18 Sep, 2024, 06.42 PM IST
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
India receives oil cargo in Russian SCF tanker after brief halt, sources sayA ship operated by Sovcomflot (SCF), a Russian shipping giant sanctioned by the U.S., discharged fuel oil at a western Indian port, signali...
27 Apr, 2024, 08.13 PM IST
India stops taking Russian oil delivered on Sovcomflot tankersAmid US sanctions, all Indian refiners, including major ones like Indian Oil, Bharat Petroleum and Hindustan Petroleum are rejecting Russia...
22 Mar, 2024, 04.23 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
US trying to help India get lower prices for Russian oil, Joe Biden envoy saysWashington imposed sanctions late last month on Russia's leading tanker group Sovcomflot on the two-year anniversary of Moscow's full scale...
12 Mar, 2024, 09.19 PM IST
New sanctions threaten Russian oil sales to IndiaThe sanctions target Russia's leading tanker group, Sovcomflot, which Washington accused of being involved in violating the G7's price cap ...
28 Feb, 2024, 12.54 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
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
Russian oil tankers get India safety cover via Dubai companyCertification by the Indian Register of Shipping (IRClass), one of the world's top classification companies, provides a final link in the p...
23 Jun, 2022, 01.05 PM 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
India's Nayara Energy buys Urals after 1 yearIndian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 mil...
24 Mar, 2022, 09.10 PM IST
India's Nayara buys Urals after a year; IOC books another three million barrelsOn Wednesday Indian Oil Corp, the country's top refiner, also bought 3 million barrels of Russian oil via a tender for May loading from tra...
24 Mar, 2022, 03.36 PM IST