Medvedev warns officials on militant strikes

Stung by the attack on a hydro-electrical station in the Caucasus, Russian President Dmitry Medvedev on Thursday threatened to sack officials in charge of security if there was another militant......

Is 'tsar' Putin the richest man in Europe?

If emerging reports are to be believed, Russia's outgoing President Vladimir Putin is the richest man in Europe. And that, too, by alleged embezzlement. A report in Guardian says the Time......

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in......

3 oil majors in race for BPCL's 53% pie: Sources

According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya......

Saudi oil crisis: Logistics cost a concern as India looks to Russia, US

On Tuesday, Petroleum Minister Dharmendra Pradhan met Russian oil giant Rosneft’s chief executive officer Igor Sechin and discussed raising crude imports from that country, in addition to......

India seeks stake in Russian oil fields in oil quest

India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Arctic of Far East Russia as it looked to import more oil from the former Soviet republic as......