Refiner HPCL-Mittal Energy Ltd (HMEL) has become the first Indian oil company to suspend Russian crude purchases following new U.S., U.K., and E.U. sanctions targeting Moscow’s oil majors Rosneft and ...

State refiners Indian Oil Corp and Bharat Petroleum Corp have placed January orders for the loading of Russian oil from non-sanctioned suppliers due to widening discounts, trade sources with knowledge ...

Indian oil refineries have stopped accepting Russian crude oil delivered by tankers operated by Sovcomflot—Russia’s largest commercial shipping company that has been sanctioned by the U.S.—Bloomberg ...

India's state-run ONGC is set to keep its 20% stake in the Russian Sakhalin-1 oil project after being allowed to pay its ...

Indian Oil Corporation (IOC), India’s largest state-run refiner, plans to form a joint venture with energy trading giant Vitol early next year, in a strategic move to expand its global crude and fuel ...

Shipments should be delivered to Paradip and Vadinar between late January and early February, the document showed, with offers due Thursday. Oil cargoes sought by state-owned refiner Indian Oil Corp.

A Western-sanctioned vessel with Russian oil destined for Indian Oil Corp has had discharge of the cargo delayed at a port in ...

New Delhi: Amid fresh US and European sanctions, Indian Oil Corporation (IOC) made it clear that it will follow all applicable international sanctions. In a major statement, IOC Chairman Arvinder ...

Indian Oil Corporation has reported a consolidated net profit of Rs 8,190.86 crore in the second quarter of the financial year 2025-26. Last fiscal year, the public sector company had reported a loss ...

Despite US pressure, Indian Oil Corporation has ordered five Russian crude oil shipments for December delivery from non-sanctioned entities. While some Indian refiners have suspended purchases due to ...