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US sanctions 2 largest Russian Oil companies

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine. IMAGE:...

Is India Still Buying Russian Oil?

IMAGE: Prime Minister Narendra Mohan meets Russian President Vladimir Putin at Hyderabad House, New Delhi, December 5, 2025. Photograph: Press Information Bureau Indian private sector and...

No word from India on stopping oil imports: Russia

Russia has not heard any statements from India about stopping Russian oil purchases, Kremlin spokesman Dmitry Peskov said on Tuesday. Image used only for representation. Photograph: Richard...

India free to buy oil from any country, says Russia amid US claims

Private Kommersant FM business radio noted that, unlike President Trump, PM Modi did not mention any agreement on stopping Russian oil imports IMAGE: Kindly note that the image has been posted...

How Modi Steered India-US Ties Back On Track

Prime Minister Narendra Modi stayed calm, avoided public confrontation, and focused on India's long-term interests to steady ties with the United States. IMAGE: Prime Minister Narendra Modi and US...

Oil companies breathe easy as Saudi cuts LPG price

Saudi Arabia's steep cut in LPG benchmark prices has pushed India's household LPG underrecoveries to their lowest level in over two years, slashing oil companies' losses from Rs 200-250 per...

Assam Becomes First State To Enter Oil Production

IMAGE: Assam Chief Minister Himanta Biswa Sarma. Photograph: ANI Photo Assam has become the first state in India to directly venture into oil production, following the discovery of hydrocarbons at...

India to restrict Russian oil buy, import only where...

The commitment to halt Russian oil purchases removes the additional 25 per cent punitive tariff earlier imposed, effectively lowering the applied US tariff on Indian exports to 18 per cent from 50...

Reliance stops use of Russian oil at its only-for-export refinery

Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions....

Upstream oil companies return to Andaman Sea, dig offshore wells

In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling...

Formula 1 set for India comeback!

IMAGE: The Indian F1 Grand Prix went off the calendar after three editions from 2011, largely due to the serious financial problems faced by promoter Jaypee Group and the red tape around the...