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Russian Oil: "Indian refiners are broadly fond of Russian crude because the refining economics are highly favourable. If margins for cracking Russian Urals falters and cost of shipping were to surge, refiners would choose not to buy," Prasad K Panicker, chairperson & head of refinery at Nayara Energy, said during a panel discussion at the APPEC conference. ....
Asia to prioritize affordability in coming years as it leads oil demand growth | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
In a major development, the Oil & Natural Gas Corporation Ltd (ONGC) has signed a long-term contract with Bharat Petroleum Corporation Ltd (BPCL) to sell crude oil produced from the Mumbai region, an official said here on Thursday.The . ....
Mumbai: In a significant development, Oil and Natural Gas Corporation Limited (ONGC) has entered into a term contract with Bharat Petroleum Corporation Limited (BPCL) for the sale of crude oil from the Mumbai region, cementing the strong partne ....
The contract follows the Indian government’s decision to grant marketing and pricing freedom for domestic crude oil, replacing the previous allocation mechanism ....