Russia Claims Major Strikes on Ukrainian Defences
Russia reports destroying a HIMARS system and 230 drones in massive strikes on Ukrainian defences near Pokrovsk. Ukraine retaliates with deep strikes on Russian oil refinery. Read the latest updates.
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Ukraine Damages Russian Shadow Fleet Tankers in Black Sea
Russia launches massive strikes on Ukrainian infrastructure as Ukraine retaliates with drone attacks on Russian oil facilities and tankers. Latest escalation in ongoing conflict.
Rio Tinto CEO Tests Lithium Strategy Amid Changes
Rio Tinto CEO Simon Trott faces big test on lithium strategy after shelving Serbia project. Key decisions ahead for world's second-largest mining company. Read more.
Orban, Vucic Attack EU Over War Rhetoric and Lost Power
Hungarian PM Viktor Orban launches scathing attack on EU, accusing Brussels of losing global influence by prioritizing war over diplomacy in Russia-Ukraine crisis. Read full analysis.
Serbia Energy Crisis: Russian Refinery May Shut in 4 Days
Serbia's only oil refinery could shut down within days if Washington doesn't renew OFAC license. President Vucic calls it 'blackmail' as fuel stocks dwindle.
Oil Prices Could Fall to $30s by 2027: JP Morgan
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
US Sanctions Strand 48M Barrels of Russian Oil
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
RIL stops Russian oil imports for export refinery
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Reliance stops Russian oil use due to EU sanctions
Reliance Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
Reliance Stops Russian Oil Imports from Nov 20
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
US Demands Russian Exit from Serbia's NIS Oil Company
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
Serbs Protest Against Kushner's Belgrade Real Estate Deal
Serbian citizens protest Jared Kushner's $500 million Belgrade waterfront project on former bombed site. Demonstrators demand transparency in controversial real estate development.
Air Serbia Unveils New Frequent Flyer Program with Loyalty Partner
Air Serbia partners with Loyalty Juggernaut to launch a revolutionary frequent flyer program, enhancing customer experience with personalized rewards and digital innovation.
India Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India's Fuel Exports Plunge 21% in October
India witnessed a dramatic 21% drop in fuel exports during October as domestic demand surged unexpectedly. Major refiners HPCL and Nayara Energy faced significant operational disruptions, reshaping the country's energy export landscape.
India to drastically cut Russian oil imports from November
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India Cuts Direct Russian Oil Imports from December
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
Trump Sanctions Crush Russian Oil Flows to India & China
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
Russia's 150-Missile Revenge Attack on Sumy
In a dramatic escalation of hostilities, Russia launched a massive 150-missile assault on Sumy while Ukraine retaliated with precision strikes on Russian oil infrastructure, marking one of the most intense exchanges in recent weeks.
OPEC hikes oil output by 137,000 BPD from December
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
Novi Sad Remembers Station Collapse Victims After 1 Year
Serbia solemnly commemorates the first anniversary of the Novi Sad station collapse that claimed lives, as victims are remembered through emotional silent march and memorial services.
Massive Blaze at New Mexico Oil Refinery Sends Smoke Over Artesia
A dramatic explosion rocked an oil refinery in Artesia, New Mexico, creating a massive plume of thick black smoke visible for miles. Emergency crews are responding to the industrial incident.
Indian refiners tap spot markets to replace Russian oil
India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.
HPCL-Mittal Energy Halts Russian Crude Purchases
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
Mittal's Indian refinery stops Russian oil imports
In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.
India's Oil Consumption to Reach 6 Million Barrels Daily
India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.
IOC to strictly follow all international oil sanctions
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
Russian Oil's Secret Routes to India & China
Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.
Russia Oil Sanctions: Market Complacency Risks Billions
New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
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