IOC pauses oil sourcing talks with Russia's Rosneft |...

Dununu.com Dununu

Sponsored

IOC pauses oil sourcing talks with Russia's Rosneft

RSS Feed Business

Posted

125

IndianOil has paused term deal talks with Rosneft due to market dynamics, not government pressure, while increasing US energy imports to reduce the trade surplus. A five-year gas contract with Trafigura, benchmarked to US rates, signals potential American LNG shipments. Russian oil's share in IndianOil's crude mix decreased from 31% to 22%.

Read Full Article

Please log in to like, share and comment!

Earthquake hits New Jersey; tremors felt across parts of New York - What we know so far

By 0 5

'He has his reasons': Shashi Tharoor sidesteps Rahul Gandhi's 'dead economy' remark; raises trade concerns

By 0 6

Water level rising at Triyuga Gaighat and Modi Beni hydrometers

KATHMANDU: The water level at the Triyuga Gaighat Hydrometer in Udayapur has crossed the alert...

By 0 11

Dua Lipa granted Kosovan citizenship

Dua Lipa has been granted Kosovan citizenship by President Vjosa Osmani, marking a significant...

By 0 16

Adah on 'The Kerala Story' winning two National Awards

The 71st National Film Awards honored 'The Kerala Story' with Best Director for Sudipto Sen and...

By 0 16