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Ukrainian drone attack on Russia's Tuapse port kills oneA Ukrainian drone attack hit Russia's Tuapse port, causing a fire and killing at least one person. This major southern port is a key oil ex...- Saudi Arabia and India were biggest buyers of Russian fuel oil in July, data showsIn July, Saudi Arabia and India emerged as the primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports. Saudi Ar...
- Saudi Arabia was top buyer of Russian fuel oil in June, data showsSaudi Arabia emerged as the primary destination for Russian seaborne fuel oil and VGO exports in June, driven by increased energy demand du...
- India, Saudi Arabia top buyers of Russian VGO and fuel oil in October, LSEG data showsRussian fuel oil and vacuum gasoil (VGO) exports dipped 3% in October, with India and Saudi Arabia emerging as top recipients. While Saudi ...
- India and China top buyers of Russian fuel oil in May, LSEG data showsIn May, Russian seaborne fuel oil and VGO exports peaked at 4 million metric tons, with India and China as top destinations. The surge foll...
- India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April, LSEG data showsCrude oil Import: In April, India and Egypt were key destinations for Russian seaborne fuel oil and vacuum gasoil exports, with a total 10%...
- China, India top buyers of Russian seaborne fuel oil, VGO in Feb, LSEG data showsIn February, China and India remained primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports, as they sought al...
- India loads up on Russian dirty fuel with crude supply cutsSmaller imports of Russian crude in the wake of Moscow’s output cuts means India has less to refine into dirty products — prompting it to s...
- Fuels from Russian oil get backdoor entry into Europe via IndiaAccess to cheap Russian crude has boosted output and profits at Indian refineries, enabling them to export refined products competitively t...
- Why is there a worldwide oil-refining crunch?Prices were already elevated before Russia invaded Ukraine on Feb. 24. But since mid-March, fuel costs have surged while crude prices are u...
- Global refiners falter in efforts to keep up with demandWorld fuel demand has rebounded to pre-pandemic levels, but the combination of pandemic closures, sanctions on Russia and export quotas in ...
- Oil traders bet prices will top $200 this monthPrices to buy call options at higher prices surged Monday as the market assessed the possibility of a supply cut-off from Russia, one of th...
- Why the Black Sea matters to commodity marketsCrude and refined oil products from Russia, Azerbaijan and Kazakhstan pass through export terminals on the sea’s eastern edge. On the west ...
- Soaring diesel and gasoline prices are bleeding into shippingThe cost of marine fuel in Rotterdam peaked at the highest since at least late 2019 at the start of this week, up 23% since the beginning o...
- BPCL to shut crude unit, secondary capacity at Kochi refinery in DecemberBPCL will shut the crude unit with 210,000 barrels per day (bpd) of processing capacity along with the secondary units for about three week...
- Fire at GAIL pipeline in Andhra Pradesh, 14 killed & 7 injuredAccording to an official, the administration has recovered 13 bodies from the accident site while another death was reported from the hospi...
- ONGC, GAIL keen on stake in BPCL's Rs 5,000-crore Kochi projectONGC & GAIL India have evinced interest in picking up stake in the Rs 5K-cr Kochi petrochemical project that BPCL is building in JV with LG...
- Essar Oil's Vadinar Refinery capacity to increase to 18 MMTPA by March 2012Essar Oil today announced the successful commissioning of the Amine Regeneration Unit (ARU), which is a part of the Phase I expansion at it...
- Jamnagar refinery operating at full capacity: RILThere is be no impact, whatsoever, on the financial performance of the refinery.
- Fire not to affect financial performance: RIL"It is not correct that the country will be deprived of LPG," said RIL's Jamnagar refinery site president.
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