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.
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
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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.
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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.
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In a stunning revelation ahead of his meeting with Chinese President Xi Jinping, former US President Donald Trump claims India has completely halted Russian oil imports, signaling major geopolitical shifts.
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As US tightens sanctions on Russian oil, India engages in crucial trade talks with Washington. Explore how this impacts global energy dynamics and India's strategic positioning.
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Despite Western sanctions, Russian crude continues flowing through covert maritime networks and new trading partners. Discover how the shadow fleet operates and what it means for global oil markets.
Despite mounting US sanctions pressure, India continues its strategic oil imports from Russia, prioritizing national energy security and economic interests over geopolitical demands.
Ukrainian President Volodymyr Zelenskyy declares economic sanctions as Russia's most painful blow, urging Western allies to expand restrictions on Russian oil exports during crucial US meeting.
As Trump targets Russian oil giants with sanctions, India faces critical decisions about energy security. Explore why diversification is no longer optional for New Delhi.
Russia's Deputy PM Alexander Novak declares US sanctions on Russian oil exports will destabilize global energy markets and trigger price spikes worldwide.
Commerce Minister Piyush Goyal firmly states India won't negotiate with 'gun to head' amid US concerns over Russian oil purchases. India maintains sovereign right to secure energy needs.
New US sanctions targeting Russian crude oil companies could jeopardize India's massive savings on oil imports. Discover how this move affects India's energy strategy and economy.
Ukrainian President calls for comprehensive sanctions against Russian oil companies, shadow tanker fleet, and oil terminals in powerful video address to international allies.
Exclusive analysis reveals how Reliance Industries is balancing Russian oil imports against US sanctions, impacting GRM margins and global energy strategy.