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India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
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Reliance Halts Russian Oil Imports To Export Refinery Amid EU Sanctions
Reliance Industries Ltd has said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions.
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India-Bound Russian Oil Tanker Makes U-Turn In Baltic Sea Amid US Sanctions
An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between the two countries after the US tightened sanctions on Moscow.
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Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
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Russia Oil Prices To India Dip On Sanctions, Threats: Report
Russian crude is being offered to Indian buyers at lower prices as European Union sanctions and threats of penalties from the US cloud the demand outlook, according to data intelligence firm Kpler Ltd.
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"Don't Have Political Strategy To...": India's Jab On Russian Oil Question
India - one of the world's biggest consumers of crude oil - does not have a "political strategy" that informs its purchases, Foreign Minister S Jaishankar said at a press conference in Kyiv, shortly after Prime Minister Modi met President Zelensky.
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Russian Oil Shaves India's Import Costs By About $2.7 Billion: Report
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data.
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"Wanted Cheap Russian Crude Oil, Just Like India, But...": Imran Khan
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan once again lauded India's foreign policy and said that Islamabad "wanted to get cheap Russian crude oil just like India".
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Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
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India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
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EU Proposes Russian Oil Ban To Make Putin 'Pay High Price' For Ukraine
The Commission's measures include phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.
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Hungary Must Work With EU On Russian Oil Embargo - German Economy Minister
Among the 27 EU member states, Hungary is the most vocal critic of the planned embargo on Russian oil.
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Russian Importers Seek Deals With India's Smaller Firms To Sidestep Sanctions
Russian importers are reaching out to small Indian businesses to secure fresh produce, auto parts, medical devices and other key goods that are growing scarce due to international sanctions, people familiar with the matter in both Russia and India said.
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France Sanguine Differences Over EU Ban On Russian Oil Will Be Resolved
France's new foreign minister said she was optimistic that those still opposed to a new European Union sanctions package that would phase out Russian oil imports to the bloc could be convinced and that the bloc would reach a deal.
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India Oil Cos' $125.5 Million Dividend From Oil Assets Stuck In Russia
European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb. 24, but India has not explicitly condemned the action.
-
India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
-
Reliance Halts Russian Oil Imports To Export Refinery Amid EU Sanctions
Reliance Industries Ltd has said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions.
-
India-Bound Russian Oil Tanker Makes U-Turn In Baltic Sea Amid US Sanctions
An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between the two countries after the US tightened sanctions on Moscow.
-
Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
-
Russia Oil Prices To India Dip On Sanctions, Threats: Report
Russian crude is being offered to Indian buyers at lower prices as European Union sanctions and threats of penalties from the US cloud the demand outlook, according to data intelligence firm Kpler Ltd.
-
"Don't Have Political Strategy To...": India's Jab On Russian Oil Question
India - one of the world's biggest consumers of crude oil - does not have a "political strategy" that informs its purchases, Foreign Minister S Jaishankar said at a press conference in Kyiv, shortly after Prime Minister Modi met President Zelensky.
-
Russian Oil Shaves India's Import Costs By About $2.7 Billion: Report
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data.
-
"Wanted Cheap Russian Crude Oil, Just Like India, But...": Imran Khan
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan once again lauded India's foreign policy and said that Islamabad "wanted to get cheap Russian crude oil just like India".
-
Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
-
India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
-
EU Proposes Russian Oil Ban To Make Putin 'Pay High Price' For Ukraine
The Commission's measures include phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.
-
Hungary Must Work With EU On Russian Oil Embargo - German Economy Minister
Among the 27 EU member states, Hungary is the most vocal critic of the planned embargo on Russian oil.
-
Russian Importers Seek Deals With India's Smaller Firms To Sidestep Sanctions
Russian importers are reaching out to small Indian businesses to secure fresh produce, auto parts, medical devices and other key goods that are growing scarce due to international sanctions, people familiar with the matter in both Russia and India said.
-
France Sanguine Differences Over EU Ban On Russian Oil Will Be Resolved
France's new foreign minister said she was optimistic that those still opposed to a new European Union sanctions package that would phase out Russian oil imports to the bloc could be convinced and that the bloc would reach a deal.
-
India Oil Cos' $125.5 Million Dividend From Oil Assets Stuck In Russia
European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb. 24, but India has not explicitly condemned the action.
