The European Union on Friday (July 18, 2025) imposed sanctions on the Indian oil refinery of Russian energy giant Rosneft and lowered the oil price cap, as part of a new raft of measures against Russia over its war in Ukraine. The fresh sanctions package on Russia included new banking restrictions, and curbs on fuels […]
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EU headquarters says Russian crude oil will be phased out over six months and other refined petroleum products over eight months. EU headquarters says Russian crude oil will be phased out over six months and other refined petroleum products over eight months. The European Union (EU) on June 3 formally approved an embargo on Russian […]
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Unlike other members of the Quad countries, India has not imposed sanctions on Russia Unlike other members of the Quad countries, India has not imposed sanctions on Russia India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western companies after Moscow’s invasion of Ukraine if the deal made […]
Continue ReadingNot a large sum, confident of getting it after conflict ends, says OIL Director (Finance) Not a large sum, confident of getting it after conflict ends, says OIL Director (Finance) As much as 8 billion rubles (about ₹1,000 crore) of dividend income belonging to Indian oil firms is stuck in Russia after the Putin administration […]
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