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Indian state refiners step up non-Russian oil purchases under Trump pressure
India's biggest state refiners Indian Oil Corp and Bharat Petroleum have bought at least 22 million barrels of non-Russian crude for delivery in September and October, trade sources said, after the U.
In tariff spat, Trump wields India-Russia trade against Modi
President Donald Trump is lashing out at India over Russian oil imports amid mounting trade tensions. On Wednesday, he doubled tariffs on India to 50 percent.
Russia and India Talk up 'Strategic Partnership' After Trump Tariff Hike
Russia and India stressed their commitment to a "strategic partnership" in bilateral security talks in Moscow on Thursday, a day after U.S. President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil.
Trump’s Push to Curb India’s Appetite for Russian Oil Comes With Risk
Today, Asia oil team leader Serene Cheong writes on the hidden risk of US efforts to crack down on Russian exports. Donald Trump has brought Russian oil into his Indian trade fight. It’s a bold move.
The impacts of Trump’s 25% tariffs on India and unspecified penalties for buying Russian oil
A former senior U.S. diplomat to India explains the impacts of President Donald Trump's 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.
Trump Says He Could Impose More Tariffs on China, Similar to India Duties, Over Russian Oil
The White House order did not mention China, which is another big purchaser of Russian oil. Last week, U.S. Treasury Secretary Scott Bessent warned China that it could also face n
India's HPCL explores Russian oil alternative amid price, sanction worry
India's Hindustan Petroleum Corp is scouting for alternative crudes to protect itself if it were to stop buying Russian oil due to higher prices and sanctions, its chairman Vikas Kaushal said on Friday.
India Bought Russian Oil. Now It’s a Trade-War Weapon.
If Narendra Modi surrendered to President Trump, how tough would it be to wean his country from Russia’s discounted supply?
Deccan Chronicle4h
Cabinet Approves Rs 30,000-cr Subsidy to Three Public Sector Oil Companies
The ministry of petroleum and natural gas will distribute the compensation to oil marketing companies (OMCs) in 12 tranches ...
Cabinet Approves Rs 30,000-Crore LPG Subsidy To Compensate Oil Firms For Losses
Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation, Bharat Petroleum ...
Boost for Ujjwala beneficiaries: Govt approves Rs 30,000 crore payout to OMCs for LPG losses; move aims to ensure stable supply
The government approved a Rs 30,000 crore package for oil companies. This offsets losses from selling LPG below cost. Indian ...
The Business Standard10h
India's IOC, BPCL said to buy 22m barrels of non-Russian crude for Sept-Oct delivery
Indian Oil Corp and Bharat Petroleum Corp, the country's biggest state refiners, have bought at least 22 million barrels of non-Russian crude for delivery in September and October, trade sources said, ...
Govt approves `30,000 cr compensation to OMCs for LPG under-recoveries
The government on Friday announced a Rs 30,000 crore compensation package for public sector Oil Marketing Companies (OMCs) to offset losses incurred from selling domestic LPG at regulated prices. The ...
Cabinet clears Rs 30,000 crore LPG subsidy for oil companies
The Ministry of Petroleum and Natural Gas will oversee the distribution of this compensation, which will be disbursed in ...
BW Businessworld8h
Centre Clears Rs 30,000 Cr Compensation For OMC LPG Losses
The Union Cabinet has approved Rs 30,000 crore in compensation to state-run oil marketing companies (OMCs) — Indian Oil ...
MarketWatch3d
Bharat Petroleum Corp. Ltd. - MarketWatch
Bharat Petroleum Corp. Ltd. Annual cash flow by MarketWatch. View BPCL net cash flow, operating cash flow, operating expenses and cash dividends.
News Nation English23d
Subhankar Sen Takes Over as Director (Marketing) At Bharat Petroleum Corporation Limited
Mumbai (Maharashtra) [India], July 16: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of ...
Crude Oil Prices2y
India’s Bharat Petroleum To Raise $2.2 Billion For Green Energy ...
India’s State-owned oil company Bharat Petroleum has approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares as part of the government’s push into green energy.
Reuters1y
India's Bharat Petroleum misses Q4 profit view on lower marketing ...
Separately, Bharat Petroleum approved a bonus issue of shares in the ratio of 1:1 and declared a final dividend of 10.5 rupees per share, post bonus. ($1 = 83.4718 Indian rupees) ...
Fortune India9h
Cabinet clears ₹30,000 cr relief for IOCL, BPCL, HPCL to offset LPG losses
The Union Cabinet on Friday approved a compensation package of ₹30,000 crore for public sector oil marketing companies - ...