Indian Oil Corp, the country's top refiner, is facing a potential drop in its Russian oil imports this fiscal year ending March 31, following the latest US sanctions on Moscow, according to its head ...

Indian Oil Corporation (IOC) Limited will announce its third-quarter earnings for the financial year 2024-25 on January 27. Analysts anticipate a sharp increase in profits, primarily due to a weak ...

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives. Before Russia’s ...

Indian banks has begun blocking payments for Russian oil imports following the latest round of U.S. sanctions against Russia's oil industry, according to a report from Energy Intelligence, an energy ...

Story continues below this ad Heavy dependence on imported crude oil makes the Indian economy vulnerable to global oil price volatility, apart from having a bearing on the country’s trade deficit, ...

Indian banks have begun blocking payments for Russian-origin oil following the Joe Biden administration's "farewell" package of sanctions on Russia's energy sector, EnergyIntel reported Jan. 20. State ...

The refiner on average gets 16-17 cargoes of Russian oil in a month, which cover about 35% of its needs. Like other Indian refiners it saw a drop in January, coming three cargoes short ...

A court in the Indian capital, Delhi, has ordered the seizure of two "offensive" paintings by MF Husain, one of India's most famous artists. The court on Monday granted permission for the police ...

The tenders come more than a week after Washington announced sweeping sanctions targeting Russian producers and tankers, disrupting supply from the world's No. 2 producer and tightening ship ...

New Delhi: Gross refining margins of Indian oil refiners are likely to shrink going ahead post fresh sanctions on two Russian oil producers and nearly 200 crude-carrying vessels, according to ...