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

IOC pauses oil sourcing talks with Russia's Rosneft

Posted

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!

Entertainment

Actor Vineet, wife Ruchiraa set to welcome first child

Bollywood actor Vineet Kumar Singh and wife Ruchiraa Singh joyfully announced their first...

By 0 6

Business

Eternal, formerly Zomato, Q4 profit falls whopping 78% to Rs 39 crore despite 64% revenue surge

Eternal Ltd, formerly Zomato, reported a consolidated net profit of Rs 39 crore for the quarter...

By 0 7

International

Senate Democrats plan to force a vote on resolution for transparency on deportations to El Salvador

US Senate Democrats will push for a vote on the Trump administration's El Salvador deportation...

By 0 19

Sports

Virat Kohli calls Anushka Sharma his 'safe space'

India’s star batter Virat Kohli shared a heartfelt message on Instagram to celebrate the...

By 0 23

National

Transport Office Hetauda collects over Rs 456 million in nine months

BAGMATI: The Transport Management Office in Hetauda, Makawanpur, has collected over Rs 456.6...

By 0 40