30.1 C
Delhi
Monday, March 2, 2026

Tag: Lukoil

India’s Russian Oil Imports Set for Sharp Drop as US Sanctions Bite

US sanctions on Russian exporters to cut India's crude imports from 1.8M to 400,000 bpd. Major refiners halt purchases, but no complete stop expected as discounts remain attractive.

Reliance Stops Russian Crude Imports for Export Refinery Operations

Reliance Industries halts Russian crude imports at Jamnagar export refinery to comply with EU sanctions. Full transition to non-Russian oil completed ahead of schedule.

Ukrainian Drone Strikes on Russian Refineries Drive US Fuel Prices Higher

Ukrainian attacks on Russian energy facilities are causing global oil supply shortages, pushing US refining margins to highest levels since 2018 according to Bloomberg analysis.

Reliance Industries Cuts Russian Crude Imports by 13% After US Sanctions

Mukesh Ambani's Reliance reduces Russian oil share from 56% to 43% in October amid US sanctions on Rosneft and Lukoil, shifting to Middle East suppliers.

Indian Refiners Halt Russian Oil Orders After US Sanctions

Major Indian oil companies pause new Russian crude purchases amid sanctions uncertainty, shifting to spot markets and alternative suppliers for energy needs.

Reliance to Comply with New Western Sanctions on Russian Oil

Reliance Industries commits to following latest US and EU sanctions, adjusting refinery operations as Russian crude faces new restrictions affecting India's imports.

Reliance Industries to Comply With US Sanctions on Russian Oil

Reliance Industries announces compliance with Western sanctions on Russian oil, will adjust refinery operations. US sanctions target Rosneft and Lukoil with November 21 deadline.

Oil Prices Surge 5% as US Sanctions Russian Energy Giants

US sanctions target Rosneft and Lukoil over Ukraine war funding, forcing China and India to find alternative oil suppliers by November deadline.

Oil Prices Jump 2.8% as US Sanctions Russia’s Rosneft and Lukoil

US sanctions on Russia's top oil companies push crude prices higher as Western nations intensify economic pressure over Ukraine war.