HPCL-Mittal Energy Halts Russian Crude Purchases
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.
Former US President Donald Trump expresses optimism about reaching a significant trade agreement with China during upcoming talks with President Xi Jinping, signaling potential thaw in US-China relations.
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.
India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.
After a tense year-long gap, Indian and Chinese military commanders have resumed crucial dialogue in Eastern Ladakh. Get exclusive insights into the high-stakes meeting aimed at de-escalating border tensions and restoring peace along the Line of Actual Co
New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.
Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.
Mizoram's Youth Congress raises alarm over alleged illegal fertilizer imports through Myanmar border, demanding thorough investigation into potential regulatory violations and agricultural risks.
Indian Oil Corporation leads private refiners in securing Russian crude at discounted rates despite US sanctions, reshaping global oil trade dynamics and energy security.
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
Discover how India navigates the complex political landscape of soybean and corn imports while balancing farmer interests and trade negotiations.
Discover how pure Moroccan Argan Oil can transform your hair from dry and damaged to shiny and healthy. Learn expert application techniques for stunning results.
India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
Discover the ultimate comparison between rosemary oil and onion oil for hair growth. Expert analysis reveals which natural remedy works better, proper application methods, and scientific evidence behind their effectiveness.
Move over regular oils! Chilli oil isn't just about heat - it's packed with health benefits from boosting metabolism to fighting inflammation. Learn how to use it safely and effectively.
India continues purchasing Russian crude oil despite US sanctions, securing massive discounts while maintaining strategic autonomy. Discover how this impacts global oil markets and India-US relations.
India's crude oil imports from the United States surge to highest levels since 2022 as trade tensions ease and New Delhi strategically reduces dependence on Russian supplies.
Discover how coconut oil emerges as a powerful Ayurvedic solution to combat cold, cough, and congestion. Learn simple home remedies using this natural ingredient for quick relief.
Indian Oil Corporation (IOC) has successfully negotiated a term deal for Russian crude oil, securing competitive pricing as global energy dynamics evolve. This strategic move strengthens India's energy security while diversifying import sources.
India initiates anti-dumping investigation on tuberculosis medication imports from China and Thailand following domestic industry complaints about unfair pricing practices affecting local manufacturers.