India, Russia and Oil

Indian Oil buying sanction-free Russian crude oil cargoes, chairman says
Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to grow 6-7% in the fiscal year 2026, the company's chairman said on Tuesday.
India Reshuffles Trade Supply Chain to Buy Unsanctioned Russian Oil
Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue importing Russian crude oil while navigating US sanctions.
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.
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.
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,
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,
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India to Buy More US Oil, LNG to Avoid Tariffs
India agreed to boost oil and gas imports from the U.S. in an effort to reduce the trade imbalance between the two countries ...
India Energy Week 2025: Oil India-Petrobras, BPCL-ADNOC, ONGC-BP, other major deals signed at Yashobhoomi
State-run OMC Indian Oil Corporation and the UAE’s ADNOC signed a sale and purchase agreement for sourcing of long term LNG ...
Commodity Traders Can’t Ignore India’s Growth, Oil Minister Says
Commodity traders should start paying more attention to India, according to the country’s oil and gas minister, as the ...
Indian oil companies in talks to buy U.S. LNG supplies
Indian oil companies are looking to buy U.S. liquefied natural gas (LNG), buoyed by the Trump administration's lifting of a ...
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UAE’s ADNOC Signs Up to $9-Billion LNG Supply Deal With Indian Oil
ADNOC Gas has signed a 14-year agreement to supply up to 1.2 million tonnes per annum of LNG to Indian Oil, valued at between ...
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Indian Oil faces decline in Russian oil imports in 2024/25
NEW DELHI (Reuters) - 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 U.S. sanctions on ...
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India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India emerged as a major buyer of Russian oil that was widely and rapidly sanctioned by the West. However, all that may be about to change ...
Indian oil companies in talks ahead of Modi-Trump meeting to buy U.S. LNG supplies
Indian buyers including Indian Oil reportedly have been in discussions to buy LNG on a long-term basis from Cheniere Energy ( NYSE: LNG) and other companies with access to American supply, while Gail ...