Ukraine Attacks Russian Oil Hub in Novorossiysk
Ukrainian sea drones strike Russia's crucial Novorossiysk oil terminal, damaging naval vessel and disrupting oil exports. Latest escalation in Black Sea conflict.
Ukrainian sea drones strike Russia's crucial Novorossiysk oil terminal, damaging naval vessel and disrupting oil exports. Latest escalation in Black Sea conflict.
Brace Port Logistics reports strong 11% EBITDA margin for H1FY25, marking 68 bps YoY growth. The company demonstrates robust performance in port logistics sector.
Global oil prices surged as Ukraine attacked Russian oil port Novorossiysk and Iran seized tanker near Strait of Hormuz. WTI rose 2.4% above $60. Read analysis.
Union Minister Sarbananda Sonowal inaugurates major projects at New Mangalore Port, now operating on 100% solar power with 92% mechanized cargo handling. Read about India's port modernization.
Global oil market tilts toward oversupply as production growth outpaces consumption despite rising Chinese demand. IEA projects 4 million bpd surplus by 2026. Read the full analysis.
India maintained vegetable oil imports at 16.3 million tonnes in 2024-25. Soybean oil hit record highs while palm oil declined sharply. Explore the shifting import patterns.
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
Odisha's Paradip Port Authority unveils ambitious plan to handle 300 million tonnes of cargo annually, positioning itself as India's premier maritime gateway under new development initiatives.
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
In a significant infrastructure development, the proposed Uttan-Virar Sea Link is set to be extended to connect with the upcoming Vadhavan Port, creating a seamless coastal corridor that will revolutionize transportation in the Mumbai Metropolitan Region.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
In a dramatic escalation, Ukrainian sea drones attacked Russia's key Tuapse oil export terminal, causing significant damage and massive fires. Russia claims air defences intercepted most drones in the Black Sea region.
V.O. Chidambaranar Port Authority inks strategic partnerships worth billions to transform Tamil Nadu into green energy hub and industrial powerhouse through port-led development.
Discover how India's Chabahar Port deal with Iran is reshaping regional geopolitics, creating new trade corridors, and countering China's Belt and Road Initiative. Analysis of economic and strategic implications.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.
Deendayal Port Authority signs crucial MOUs with global technology partners to advance its ambitious shipbuilding project at Kandla and establish new bunkering facilities, marking a significant leap in India's maritime infrastructure development.
India achieves major diplomatic victory as US grants 6-month sanctions waiver for Chabahar Port development, strengthening India-Iran ties and regional connectivity.
VOC Port Tuticorin steals the spotlight at India Maritime Week 2025, winning the prestigious Green Visionary Award while signing monumental MoUs exceeding ₹1 lakh crore, marking a transformative moment for India's maritime sector.
In a major diplomatic victory, India secures six-month extension of US sanctions waiver for Chabahar Port, strengthening regional connectivity and trade ties with Afghanistan and Central Asia.
In a significant diplomatic achievement, India obtains crucial 6-month exemption from US sanctions for Chabahar Port development, strengthening regional connectivity and trade routes to Afghanistan and Central Asia.
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
In a significant diplomatic move, the United States has granted India a 6-month sanctions waiver for Chabahar Port development, strengthening regional connectivity and India's trade ambitions with Afghanistan and Central Asia.