Russia Oil Production

Indian refiners work to build sanctions-proof supply chain for Russian oil

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits

US funding freeze hampers investigations into Russian war crimes in Ukraine

Two of the listed projects were funded by USAID, three by the Bureau of International Narcotics and Law Enforcement and one directly by the Department of State, the document showed

Trump's tariffs and Russian oil woes deepen crisis for Indian OMCs

A sharp rise in LNG prices threatens to unravel India's projected 12% growth in demand for the fuel this financial year

Ukraine strikes major Russian oil refinery twice in 3 days: Official

Ukrainian long-range drones struck one of Russia's biggest oil refineries for the second time in three days, a senior Kyiv official said Monday, as Ukraine tries to slow the Russian army's push along parts of the front line and the third anniversary of the war approaches. The attack late Sunday hit a refinery in the Volgograd region, which is one of Russia's 10 biggest refining facilities, processing close to 6% of the country's oil, an official in Ukraine's Security Service told The Associated Press. Russian authorities acknowledged only a brief fire at the Volgograd refinery during the drone attack. Ukrainian defences are creaking under months-long Russian drive to occupy more land, especially in Ukraine's eastern industrial heartland, before the possible start of peace negotiations steered by US President Donald Trump. Ukraine, though heavily dependent on Western military aid, has been developing its own arms industry, including drones that can fly increasingly long ranges with

India's January Russian crude oil purchases surge despite sanctions

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier

Indian Oil faces decline in Russian oil imports in this fiscal year

Indian refiners are struggling to secure Russian oil supplies following the latest US sanctions aimed at Russian producers

Russian oil refining increases as US sanctions disrupt crude exports

Russian refining runs rose by 2 per cent, or by 108,000 barrels, to 754,800 metric tons a day on Jan 15-19 from the first week of the year, according to the sources

Rescue teams remove 1,500 tons of oil from grounded Russian tanker

Emergency Situations Minister Alexander Kurenkov announced that the damaged tanker would be drained earlier this month but workers found it was continuing to leak oil into the water

US will let sanctioned Russian oil tankers offload by Feb 27: Oil Secy

India became the top buyer of Russian sea-borne oil sold at a discount after Western nations imposed sanctions on Moscow

BPCL sees March Russian oil intake down 20% as it awaits traders' offers

BPCL's Russian oil processing declined to 31 per cent in December quarter from about 35-40 per cent in the previous month

US sanction clarifications a tight squeeze for India's Feb oil supplies

Cargoes must be loaded before Jan 10 to evade sanction laws: Treasury Dept

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

US tightens Russia sanctions, warns biz of more penalties for partnerships

The official stressed that there are new sanctions on 15 companies related to Russia and China that have worked together to avoid existing sanctions

India-Russia term deal talks for crude oil on hold amid sanctions

Refiners looking to strike arrangements with suppliers in next 2 months

EU continues to savour Russian LNG as US sanctions threaten India's imports

The US' latest sanctions on Russian energy supply chains could hit India's oil and gas imports, even as the EU nations and other American allies may face little impact

Six EU countries call for lowering of G7 price cap on Russian oil

Price caps on Russian seaborne crude as well as refined petroleum products were set by G7 countries to curb Moscow's revenues from oil trade

Oil prices rise 2% to 4-month high on impact of Russian sanctions

Analysts and energy traders said the sanctions will push China and India to source more crude from the Middle East, Africa and the Americas, boosting prices and shipping costs

India expects uninterrupted Russian oil supply for next two months

Global Brent crude futures extended gains to climb above $81 a barrel on Monday, their highest since August, on expected disruption of Russian oil supply to China and India

US sanctions on Russian oil supply chain pose challenge for Indian refiners

India's slowing economy is most exposed to the latest bans because refiners must pay much more to purchase alternative crudes from West Asia in the short term

Widening net: New US sanctions to affect supply of Russian energy

Two large producers and exporters have been brought into the sanctions net: Surgutneftegas and Gazprom Neft