Add TNIE As A Trusted Source Reliance Industries Ltd (RIL) has obtained a concession from the United States to receive oil cargoes supplied by Russia’s Rosneft, which has been sanctioned by the US government. The company said it has been granted permission to import cargoes that were contracted bef»»»

Russia-backed Indian refiner Nayara Energy has ramped up crude processing at its Vadinar refinery to 90% to 93% of capacity, two sources familiar with the matter said, after European Union sanctions curtailed operations earlier this year. Oil processing at Nayara’s 400,000 barrels per day western I»»»

MANILA – Oil prices are projected to rise up to PHP2.70 per liter in the first week of November, based on price movements as of Thursday.In a report on Friday, Jetti Petroleum president Leo Bellas said diesel prices are seen to increase between PHP2.50 and PHP2.70 per lit ... »»»

Representative AI image HMEL, a joint venture between Lakshmi Mittal and Hindustan Petroleum Corporation Ltd (HPCL), announced on Wednesday that it has suspended imports of Russian crude oil following new Western restrictions on Moscow’s energy trade. In a statement, the Bathinda-based refinery sai»»»