The United States recently imposed sweeping sanctions on Russia, targeting its oil producers and shipping networks. This has ...

Indian oil refiners are urgently seeking alternatives to Russian crude, affected by recent Washington sanctions. They are ...

In a significant step towards sustainability, Indian Oil Corporation (IOC) is set to commission its green hydrogen plant in ...

The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...

US sanctions on Russian oil are forcing Indian refiners to look for alternative crude sources, leading to increased costs and logistical challenges.

Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...

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, as US ...

Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.

IOC earlier this week floated tenders seeking sour and sweet crude for loading between the second half of February and the first half of March. Reuters Last Updated : 17 January 2025, 03:41 IST ...

Spot premiums for Middle East crude rose to their highest in more than two years on Thursday on strong demand from China and India while tanker rates have soared.

SINGAPORE (Reuters) -Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies ...