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light sweet crude: India resumes buying Russian Sokol oil after 2-month hiatus: Sources

India has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. Indian state refiners had stopped buying the crude last year due to strained relations with China. The move led to over 10 million barrels of unsold Sokol oil, causing significant disruption to Russian oil trade. Indias Hindustan Petroleum Corp and private refiner Nayara Energy have purchased Sokol oil this month.
Andhra Pradesh New Delhi India General India Hindustan Petroleum Corp Nayara Energy Indian Oil Corp

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Abu Dhabi's ADQ offers to combine exhibitions company with ADNH

Abu Dhabis ADQ offers to combine exhibitions company with ADNH SECTIONS Last Updated: Jun 09, 2021, 12:11 PM IST Share Synopsis The combination would "create one of the largest hospitality, events, and catering powerhouses in the region," the holding company said in a statement via email. Upon completion, the combined group would have assets of around 20 billion UAE dirhams ($5.45 billion), it said. Agencies After the transaction is completed, ADQ will own roughly 54.98% of ADNH (Company Image)...
Abu Dhabi Abuz Aby United Arab Emirates Abu Dhabi National Exhibitions Company Abu Dhabi National Hotels Company Uae Dirhams

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