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.
Category : Search result: Russian crude exports
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Mittal's Indian refinery stops Russian oil imports
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.
HPCL-Mittal Energy stops Russian oil imports after US sanctions
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
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HPCL-Mittal Energy halts Russian oil imports
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.
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IOC continues Russian oil buys via unsanctioned firms
Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.
India increases Russian oil imports despite US sanctions
Indian Oil Corporation leads private refiners in securing Russian crude at discounted rates despite US sanctions, reshaping global oil trade dynamics and energy security.
India's Oil Security: Puri Guarantees Stable Crude Supply
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's US Oil Imports Hit 3-Year High at 540K BPD
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.
IOC to Continue Russian Oil Imports Despite US Curbs
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
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Rupee falls 8 paise to close at 83.87 against US dollar
Indian rupee depreciated 8 paise to 83.87 against US dollar amid strong American currency and elevated crude oil prices. Discover key factors impacting rupee movement and expert outlook.
Indian Oil to Continue Russian Crude Purchases: Executive
India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
Rupee falls 21 paise to 88.40 against US dollar
Indian rupee continues downward spiral, dropping to 88.40 against US dollar as strong American currency and elevated crude oil prices pressure emerging markets. Forex traders remain cautious ahead of key economic data.
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CPCL navigates Russian oil sanctions with crude flexibility
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
India Defies US, Buys Russian Oil at Discounts
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 US Oil Imports Surge Amid Trade Thaw
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.
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