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Page 10 - Russia Oil Production

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

Indian Oil faces decline in Russian oil imports in this fiscal year
Updated On : 28 Jan 2025 | 2:59 PM IST

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

Russian oil refining increases as US sanctions disrupt crude exports
Updated On : 27 Jan 2025 | 9:23 PM IST

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

Rescue teams remove 1,500 tons of oil from grounded Russian tanker
Updated On : 25 Jan 2025 | 11:30 PM IST

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

US will let sanctioned Russian oil tankers offload by Feb 27: Oil Secy
Updated On : 24 Jan 2025 | 7:20 PM IST

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

BPCL sees March Russian oil intake down 20% as it awaits traders' offers
Updated On : 23 Jan 2025 | 1:29 PM IST

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 a tight squeeze for India's Feb oil supplies
Updated On : 18 Jan 2025 | 12:44 AM IST

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 sanction clarifications tighten squeeze on India's February oil supplies
Updated On : 16 Jan 2025 | 2:24 PM IST

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

US tightens Russia sanctions, warns biz of more penalties for partnerships
Updated On : 15 Jan 2025 | 11:49 PM IST

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

Refiners looking to strike arrangements with suppliers in next 2 months

India-Russia term deal talks for crude oil on hold amid sanctions
Updated On : 14 Jan 2025 | 11:41 PM IST

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

EU continues to savour Russian LNG as US sanctions threaten India's imports
Updated On : 14 Jan 2025 | 3:54 PM IST

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

Six EU countries call for lowering of G7 price cap on Russian oil
Updated On : 14 Jan 2025 | 8:33 AM IST

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

Oil prices rise 2% to 4-month high on impact of Russian sanctions
Updated On : 13 Jan 2025 | 11:31 PM IST

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

India expects uninterrupted Russian oil supply for next two months
Updated On : 13 Jan 2025 | 4:35 PM IST

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

US sanctions on Russian oil supply chain pose challenge for Indian refiners
Updated On : 12 Jan 2025 | 11:06 PM IST

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

Widening net: New US sanctions to affect supply of Russian energy
Updated On : 12 Jan 2025 | 10:37 PM IST

Two Indian firms sanctioned by US for 'aiding' Russia's Arctic LNG project

The US has announced sanctions on two Indian firms for allegedly aiding Russia's Arctic LNG 2 project, in violation of its energy curbs aimed at crippling Moscow's revenue streams amid the Ukraine war

Two Indian firms sanctioned by US for 'aiding' Russia's Arctic LNG project
Updated On : 12 Jan 2025 | 11:55 AM IST

Will continue oil, gas projects despite US sanctions, says Russian govt

A ministry statement also said that Russia would respond to Washington's "hostile" actions, announced on Friday, while drawing up its foreign policy strategy

Will continue oil, gas projects despite US sanctions, says Russian govt
Updated On : 11 Jan 2025 | 11:04 PM IST

US to impose sanctions on Russian oil, Indian supplies may be hit

The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company

US to impose sanctions on Russian oil, Indian supplies may be hit
Updated On : 10 Jan 2025 | 8:44 PM IST

Russian oil spill kills over 30 dolphins; Putin called ecological disaster

Thirty-two dolphins have died since fuel oil spilled out of two storm-stricken tankers three weeks ago in the Kerch Strait, which separates the Russia-occupied Crimean Peninsula from Russia's southern Krasnodar region, an animal rescue group said Sunday. Russia's Delfa Dolphin Rescue and Research Center said the deaths are most likely related to the fuel oil spill. The centre said on the messaging app Telegram that a total of 61 dead cetaceans an order of aquatic mammals that includes whales and dolphins had been recorded since the emergency, but the condition of the bodies suggested that the 29 others had died before the spill. Judging by the condition of the bodies, most likely the majority of these cetaceans died in the first 10 days after the disaster. And now the sea continues to wash them up, the centre wrote, noting that most of the dead dolphins were from the endangered Azov species. Russia's Emergencies Ministry said on Sunday that over 96,000 tons of contaminated sand a

Russian oil spill kills over 30 dolphins; Putin called ecological disaster
Updated On : 05 Jan 2025 | 10:26 PM IST

Russia's CBRF to resume regular forex operations under budget rule in 2025

Under Russia's budget rule, the finance ministry sells foreign currency from its rainy day National Wealth Fund (NWF) to make up for any shortfall in revenue from oil and gas exports

Russia's CBRF to resume regular forex operations under budget rule in 2025
Updated On : 26 Dec 2024 | 1:52 PM IST