Search For "lukoil"
Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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India continues to buy "huge quantities of Russian feedstock": Russian en
Updated : 4 months, 1 week ago IST
"If we look at October statistics, India continues buying huge quantities of Russian feedstock. Approximately at the same level as lately, about 1.75 million barrels per day," the envoy said as per the official TASS news outlet.
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India should halt sanctioned oil imports, seek tariff relief, and fair tra
Updated : 4 months, 1 week ago IST
India should halt sanctioned oil imports, seek tariff rollback, and resume trade talks only on fair terms with US, the Global Trade Research Initiative (GTRI) said in a note, outlining a three-step plan for India to protect its trade interests under the ongoing bilateral trade agreement nego
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After US sanctions, Russia's oil major Lukoil to sell overseas assets
Updated : 4 months, 2 weeks ago IST
"The company announces its intention to sell its international assets. The consideration of bids from potential purchasers has been started," Lukoil informed in a statement on Monday
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NATO Secy Gen meets with European leaders to discuss continued support for
Updated : 4 months, 2 weeks ago IST
Rutte also welcomed the recent announcement of providing additional military aid to Ukraine, highlighting how developments on the battlefield show that support to the country is working and thanked the Ukrainian allies for their support.
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International crude oil defies US sanctions, prices cool off after 5% surg
Updated : 4 months, 3 weeks ago IST
International crude oil prices traded largely range bound Friday, oscillating between marginal gains and losses, with analysts attributing them to mild profit booking.
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Will see in 6 months how it works out: Trump's response to Putin's critici
Updated : 4 months, 3 weeks ago IST
When asked about the Russian President criticising the sanctions, President Trump told presspersons in the White House, "I am glad he feels that way. I'll let you know about it in six months from now. Let's see how it all works out."
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US "frustrated" with Russia for lack of interest or action on peace deal;
Updated : 4 months, 3 weeks ago IST
The imposition of new sanctions on Russian oil companies by the United States was "appropriate and necessary", a sign of the frustration over the slow progress being made on a potential Russia-Ukraine peace deal, White House Press Secretary Karoline Leavitt said on Thursday (local time).<
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White House repeats claim of India scaling back Russian oil purchases at r
Updated : 4 months, 3 weeks ago IST
Following the peace deal in the Middle East and the end of the Israel-Palestine war, Leavitt expressed confidence in the newly imposed "hefty" sanctions on Russian oil companies, repeating the claim that India, along with other countries, will scale back oil purchases from the country. Read More
Trump to embark on Asia tour to mend trade rifts, strengthen alliances; at
Updated : 4 months, 3 weeks ago IST
White House Press Secretary Karoline Leavitt on Thursday (local time) shared details of Trump's Asia tour. Trump's Asia trip covers Malaysia, Japan, and South Korea for ASEAN and APEC summits, with trade talks, peace dialogue, and US-China tensions in focus.
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European Union adopts 19th sanctions package against Russia: EU foreign po
Updated : 4 months, 3 weeks ago IST
The 19th package of sanctions against Russia introduces a gradual phase out of imports of Russian LNG, blacklists "shadow fleet" of vessels, restricts movement of Russian diplomats. It also sanctions banks and cryptocurrencies and imposes restrictions on companies from India and China.
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"A clear signal from both sides of Atlantic": European Commission chief vo
Updated : 4 months, 3 weeks ago IST
European Commission President Ursula von der Leyen welcomed a call with US Treasury Secretary Scott Bessent and praised the US sanctions on major Russian oil companies, saying the measures, alongside the EU's 19th package, signal continued transatlantic pressure on Russia over its lack of co
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