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.
Exclusive: Federal Reserve's rate cut timeline faces new challenges from Russia's oil revenue surge and China's deflation threat. What this means for global markets.
Bengaluru police uncover ingenious smuggling operation where precious sandalwood was concealed within onion consignments using scent-masking techniques. The ₹1 crore racket exposed sophisticated criminal methods.
Indian Oil Corporation reports stellar Q2 FY2025 results with 85% YoY profit jump to ₹10,558 crore. Discover how refining margins and strategic operations fueled this impressive growth.
In a bizarre smuggling attempt, Bengaluru police uncovered sandalwood worth ₹112 crore hidden beneath layers of onions to mask its distinctive scent. Two arrested in major forest department operation.
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.
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.
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.
Mukesh Ambani's Reliance Industries confirms compliance with US sanctions on Russian oil, marking significant shift in India's energy procurement strategy amid global tensions.
Commerce Minister Piyush Goyal challenges Western nations over selective criticism of India's Russian oil purchases while Germany, UK sought sanctions exemptions. Read about India's bold stance.
Reliance Industries responds to Western sanctions on Russian crude, pledging full compliance while strategically adjusting refinery operations to maintain global market position.
Mukesh Ambani's Reliance Industries commits to following Indian government directives regarding Western sanctions on Russian crude oil imports, ensuring regulatory compliance.
Mukesh Ambani's Reliance Industries declares full compliance with US sanctions targeting Russian oil, ensuring business continuity while navigating global energy markets.
Mukesh Ambani's Reliance Industries evaluates impact of EU, UK, and US restrictions on Russian oil imports while maintaining compliance with international regulations.
Former US President Donald Trump announces sweeping sanctions against Vladimir Putin's oil giants Rosneft and Lukoil. As Russia-Ukraine conflict intensifies, discover how India's strategic Russian oil imports are creating global waves and what this means