Category : Search result: unsanctioned oil companies


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.

Oil Prices Rebound After 3-Day Decline

Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.

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.

Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales

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 Oil Consumption to Reach 6 Million Barrels Daily

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.

Russian Oil's Secret Routes to India & China

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.

India's US Oil Imports Surge Amid Trump Policy Shifts

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.

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'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.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

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.

Rosemary vs Onion Oil: Hair Growth Winner Revealed

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.

Chilli Oil: Surprising Health Benefits Revealed

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 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.

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