Hindustan Petroleum Corp Ltd
India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India on January 19, 2026. (Photo […]
Read More
India’s state-owned refiners keep buying Russian oil even as New Delhi seeks U.S. tariff relief
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in […]
Read More
Indian state refiners pause Russian oil purchases, Reuters reports
FILE PHOTO: Crude oil tanker Nevskiy Prospect, owned by Russia’s leading tanker group Sovcomflot, transits the Bosphorus in Istanbul, Turkey September 6, 2020. Yoruk Isik | Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned countries not to purchase oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest buyer […]
Read More
Russia doesn’t have extra oil for new deals with two Indian buyers: Reuters, citing sources
An illuminated logo sits on display above the Rosneft Oil Co. pavilion on June 5, 2019. Russia’s Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales to other customers. Andrey Rudakov | Bloomberg | Getty Images […]
Read More