The company said in a statement that it was already talking with potential purchasers. The transactions would be carried out ...

Russia is planning to issue its debut yuan-denominated bond on the local market this year, sources told Reuters, offering an ...

GTRI recommends India to stop sanctioned Russian oil imports, push for the withdrawal of punitive US tariffs, and negotiate fair trade terms with the United States to protect its trade interests.

Bulgaria's parliament temporarily banned on Friday exports of some fuels, mainly diesel and aviation fuel, to EU member states to ensure the stability of the local market following U.S. sanctions on ...

Sanctions-hit Lukoil says it accepted Gunvor offer 'having undertaken not to negotiate with other potential buyers' ...

Gunvor is required to secure OFAC permission, along with any other necessary licences, permits and authorisations in relevant ...

The Trump administration announced sanctions targeting Russian oil firms that affect foreign buyers like Hungary.

Seaborne shipments are expected to see higher compliance among major state-owned refiners such as PetroChina, Sinopec, CNOOC and Zhenhua Oil. Reuters reported that these firms have “at least ...

President Donald Trump’s peace efforts have reached an impasse after weeks of diplomatic machinations, including meetings ...

A three-step strategy from GTRI aims to protect India's trade interests with the US. It proposes halting Russian oil imports under sanctions, seeking ...

Indian state-run refiner HPCL states it does not need Russian crude due to economic unviability, as US sanctions on major ...

Nayara Energy has ramped up crude processing at its Vadinar refinery to 90 per cent to 93 per cent of capacity, say sources ...