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India's oil crisis rises: ONGC struggles to move Russian oil as sanctions bite
- Several Indian companies including ONGC have stakes in Russian oil and gas assets, and India has been buying more Russian crude since Moscow invaded Ukraine, snapping up the popular Urals crude grade, while other buyers have shunned Russian exports.
Published on Apr 27, 2022 06:30 AM IST
Reuters |
US warns India against increasing oil imports from Russia, says ‘great risk’
The US warning, indicating future possible sanctions, comes during Russian foreign minister Sergey Lavrov's India visit.
Published on Mar 31, 2022 09:55 AM IST
hindustantimes.com | Written by Poulomi Ghosh
Chinese petroleum giant plans to invest $31 billion in oil, gas in 2022
It plans to invest 81.5 billion yuan in upstream exploitation, especially the crude oil bases in Shunbei and Tahe fields, and natural gas fields in Sichuan province and the Inner Mongolia region.
Published on Mar 27, 2022 03:01 PM IST
Reuters | , Beijing
India sees 3rd hike in petrol, diesel prices in a week. Check updates here
- Petrol and diesel prices: Moody's Investors Services said that state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum Corporation (HPCL) together lost around ₹19,000 crore in revenue for keeping the prices on hold.
Published on Mar 25, 2022 07:20 AM IST
Indian pharma companies may replace Western manufacturers in Russia, says envoy
India has been under tremendous pressure to choose a side in the ongoing conflict as the West continues to impose harsher sanctions on Russia to punish it over the Ukraine invasion.
Published on Mar 19, 2022 06:28 AM IST
hindustantimes.com | Written by Kunal Gaurav
