The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving ...

India reiterated that New Delhi “does not subscribe to any unilateral sanction measures” and calling for an end to double ...

The EU Friday unveiled sanctions on the Rosneft-owned Nayara Energy’s 20 million-tonne refinery in Vadinar, Gujarat, and ...

NEW DELHI — In an unprecedented move, the European Union has imposed sanctions on an Indian oil refinery, targeting Nayara ...

The Nigerian National Petroleum Company (NNPC) Limited has called for collaborative efforts to provide a fuel refining hub for Africa, saying the task should not be left to a single country.

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

The EU's latest round of sanctions against Russia, adopted last Friday, are set to create significant ripples in the global ...

EU sanctions Rosneft-owned Nayara refinery in India and lowers Russian oil cap to $45–$50/barrel. India may benefit, but ...

Both Nayara Energy and Reliance Industries Limited (RIL) are likely to face challenges from the fresh sanctions imposed by ...

In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, ...

EU sanctions on Nayara Energy and Russian oil-derived fuels pose significant hurdles for Reliance Industries, potentially ...

India's crude oil sourcing strategy, dominated by Russian barrels and Middle Eastern flows, driven by refining economics and margins.