Large Indian Refiners Take Russian Oil as Reliance Avoids Trade
Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as
Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as
The European Union is closing in on a deal to phase out Russian fossil fuels, a move that will embed into law the end of the bloc’s reliance on its former
India’s state-run refiners Indian Oil Corp. and Bharat Petroleum Corp. have bought Russian crude for January delivery, lured by discounts and plentiful
A second vessel tied to Russia’s shadow fleet has joined the sanctioned tanker Seahorse off the coast of Venezuela, days after the Seahorse was involved in a
The amount of Iranian crude held on tankers at sea has swelled to the highest in two-and-a-half years, reflecting slower demand from top buyer China even as
The U.S. Department of the Treasury has announced a comprehensive expansion of sanctions against Iran’s oil export infrastructure, targeting dozens of
The Indonesian government is auctioning off a US-sanctioned supertanker and its cargo of crude oil for at least $70 million, according to government
President Volodymyr Zelenskiy warned on Friday that Ukraine risked losing its dignity and freedom — or Washington’s backing — over a U.S. peace plan
The U.S. Department of the Treasury has imposed sanctions on 32 individuals and entities operating across eight countries in a coordinated effort to disrupt
A liquefied natural gas tanker carrying sanctioned Russian gas has reappeared near China’s Hainan Island three weeks after a dark transfer. It is likely
By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential
In a surprise move the EU has unsanctioned two polar class heavy lift vessels, Audax and Pugnax. The vessels were purpose-built for the construction of
India’s state-run refiners are considering whether they can continue to take some discounted Russian oil cargoes by leaning on small suppliers instead of
Indian refiners have not placed new orders for Russian oil purchases since sanctions were imposed, as they await clarity from the government and suppliers,
Chinese state-owned companies including Sinopec canceled some purchases of seaborne Russian crude after the US blacklisted Rosneft PJSC and Lukoil PJSC, adding
Russia has carried out its first ship-to-ship (STS) transfer of liquefied natural gas (LNG) using so-called “shadow fleet” vessels, teaming up with a
Chinese sanctions imposed this week on U.S. affiliates of shipbuilder Hanwha Ocean 042660.KSaim to undermine South Korea-U.S. cooperation and "to
Trading firms have diverted at least five more crude oil tankers from a major port in eastern China after the U.S. imposed sanctions on an import terminal
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean 042660.KS are seen as a warning gesture without immediate
Blocked from accessing western tech, Russia's United Shipbuilding Corporation (USC) aims to construct the country’s first ice-class gas carrier. The company
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