India, BPCL and Russia

India's BPCL sees March Russian oil intake down 20% as it awaits offers
India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders, its head of finance Vetsa Ramakrishna Gupta told an analyst call on Thursday.
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
Why India’s BPCL expects lower processing of Russian crude in March?
Bharat Petroleum Corp (BPCL), a state-owned oil refiner in India, anticipates a reduction in its processing of Russian oil to 20% in March, compared to 31% in the current month. This information was shared by Vetsa Ramakrishna Gupta,
Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum .
BPCL sees March Russia oil intake down 20%
India's Bharat Petroleum Corp projects a decline in Russian oil processing to 20% in March from 31% in February due to unclear supply conditions. The company copes by sourcing alternatives and expanding tenders,
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
India likely to boost purchases of US oil, gas following Trump's announcement
India is likely to increase its purchases of U.S. oil and gas after U.S. President Donald Trump's announcement to maximise ...
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India on the brink of a new oil shock
By bno - Taipei Bureau India is facing the very real threat of an oil shock as new US sanctions targeting Russian crude come ...
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...
The Diplomat13h
Will Recent US Sanctions on Russian Oil Trigger an Oil Crisis in India?
Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia ...
More potential for oil & gas purchases between India & the US: India’s Oil Minister
Oil Minister Hardeep Singh Puri discusses potential increase in US energy supply to India amid global oil market dynamics.
India’s oil demand likely to hit yet another record in 2025-26 as consumption of major fuels set to rise
The consumption growth is expected to be led by fuels and products like petrol, aviation turbine fuel (ATF), liquefied ...
Indian stock market: 10 things that changed for market overnight- Gift Nifty, Donald Trump speech, S&P record close
Gift Nifty was trading around 23,301 level, a premium of nearly 37 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
Crude Oil Prices10h
China's 2025 Crude Oil Output to Exceed 200 Million Tons
China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.
India's Bharat Petroleum to invest $121 mln to develop Indonesian oil and gas block
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...