energy security

‘Reflects national interest, pride’: Russia backs India on oil trade; accuses US of interference on Ukraine war pretext

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Russian Foreign Minister Sergey Lavrov defended India’s continued purchase of Russian oil, accusing the US of using the Ukraine conflict to eliminate competition. He emphasized ...

Trump pressure piles on: EU aims to quickly phase out Russia LNG imports; reluctant to hit India, China with tariffs

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The European Union is contemplating accelerating its timeline for phasing out Russian liquefied natural gas imports, potentially moving faster than the initially planned 2027 deadline. ...

Indian refiners jumping at chance: How Ukraine attacks on Russia’s refineries are indirectly benefiting India’s crude buys – explained

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Ukraine’s drone attacks on Russian oil refineries created a crisis, which India has seized as an opportunity. Indian refiners are capitalizing on discounted Urals crude, ...

Sanctions hit Nayara’s non-Russian oil access

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Is Nayara Energy Feeling the Pinch? Sanctions Tighten Grip on Non-Russian Oil The whispers started a while back, a subtle unease rippling through the oil ...

Pushing back against Trump pressure: India’s state-owned refiners look to fully revive Russia crude oil buys; lack of cargoes an issue

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Despite US opposition, Indian state-owned oil refiners intend to resume full-scale purchases of discounted Russian crude, but face delays due to limited cargo availability and ...

Russia-China ties: Putin, Xi push ahead to build new gas pipeline; to boost ‘clean energy’ supply

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Powering Up: Russia and China’s Ambitious Gas Pipeline Project The world is watching as Russia and China forge ahead with plans for a new gas ...

‘As long as it’s viable’: ONGC to continue to buy Russian oil; acknowledges ‘instability’ from US tariffs

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ONGC group refineries will continue purchasing Russian oil as long as it remains financially viable, according to Chairman Arun Kumar Singh. Subsidiaries MRPL and HPCL ...

‘We have red lines…’: Jaishankar’s clear message on India-US trade deal; slams ‘sanctions’ on Russia oil, says ‘if you don’t like it, don’t buy it’

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External affairs minister S Jaishankar staunchly defended India’s energy ties with Russia, emphasising their role in stabilising global oil prices and serving national interests. He ...

Over 20% of Russia’s war-period crude exports! India bought about Rs 13.39 lakh crore in Russian oil; trails China’s Rs 193 billion

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Since early 2022, India’s Russian oil purchases have reached ₹132 billion, constituting 20% of Russia’s oil export earnings. While China leads in overall fossil fuel ...

India’s shifting oil map: How did Russia change the trade game? Middle East holds steady; smaller suppliers lose ground

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Russia’s dominance in India’s oil imports has reshaped trading dynamics, impacting smaller suppliers while Iraq, Saudi Arabia, and the UAE maintain significant positions. Despite pressure ...