Russia, US sanctions and India

Indian Oil buying sanction-free Russian crude, chairman says, projects 6-7% gasoline demand growth by 2026
Indian Oil is purchasing Russian crude oil without sanctioned entities' involvement. The company anticipates a 6-7% growth in gasoline demand and 4% in diesel by 2026. However, petrochemical margins are expected to remain weak due to oversupply,
Indian refiners seek crude after US sanctions disrupt Russia oil supply
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week seeking crude oil, trade sources said on Tuesday, after harsher U.S. sanctions disrupted Russian supply.
Russian Energy Official Says US Sanctions Should Not Hinder Oil Trade With India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, adding that it was too early to assess the impact of the latest restrictions.
India rejects oil shipment from sanctioned Russian producer – Bloomberg
The oil tanker Cordelia Moon, carrying crude from a Russian producer, has come under US sanctions and has been drifting off India's west coast for two days, according to Bloomberg. The Cordelia Moon was scheduled to unload at Vadinar Port on February 9,
Russia says US sanctions should not affect oil trade with India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, while adding it was too early to assess the impact of the latest restrictions.
Reuters29d
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
SINGAPORE, Jan 16 (Reuters) - Indian Oil Corp (IOC) (IOC.NS), opens new tab is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting ...
Crude Oil Prices24d
Indian Refiners Issue Crude Import Tenders Amid Squeezed Russian Supply
Indian refiners are struggling to procure crude oil and some are issuing crude import tenders to solicit bids this month after the latest U.S. sanctions hit Russian supply, trade sources told ...
GAIL to sell US shale gas projects, IOC secures long-term LNG deal
India’s largest gas transportation and marketing company has invited bids to sell its 20 per cent stake in Eagle Ford Shale ...
moneycontrol.com7y
Indian Oil
Indian Oil remains confident about energy availability ... A legal dispute prompted IOCL to reissue the tender for the green hydrogen plant last month, removing the controversial right of first ...
Business Line18d
IoCL gets five bids for setting up green hydrogen plant at Panipat: Chairman
Indian oil Corporation (IoCL ... steel plans and heavy-duty logistics. This is the third tender by the state-run oil marketing company (OMC) for setting up the plant. The earlier two tenders ...
Hindustan Times28d
Indian Oil Corp buys 7 million barrels of crude amid US sanctions on Russia
Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi's Murban ...
devdiscourse1d
GAIL to Exit Shale Gas Venture in US Amid Changing Partnerships
Ltd plans to sell its 20% interest in US shale gas assets, mirroring similar moves by Reliance and Oil India. The decision stems from subdued profits tied to low US gas prices and follows partner ...