‘As long as it’s viable’: ONGC to continue to buy Russian oil; acknowledges ‘instability’ from US tariffs
Saturday, 30 August 2025 () ONGC group refineries will continue purchasing Russian oil as long as it remains financially viable, according to Chairman Arun Kumar Singh. Subsidiaries MRPL and HPCL have been steady buyers, with no US sanctions or Indian restrictions currently in place. The company is also open to acquiring overseas upstream assets and anticipates production from its Mozambique gas project by 2028.
Donald Trump has once again spoken about his tough conversations with Prime Minister Narendra Modi — this time against the backdrop of India’s Russian oil imports, U.S. tariff tensions, and shifting power equations inside the Shanghai Cooperation Organisation (SCO). As Trump hints at his role in...
Hungary has sounded the alarm after Ukrainian forces struck the Druzhba oil pipeline once again, cutting off vital Russian oil supplies to the country. Hungarian Foreign Minister Peter Szijjarto..
Russian Foreign Minister Sergey Lavrov, alongside India’s S. Jaishankar, accused the U.S. of weaponizing the dollar and using sanctions as “economic colonialism.” Lavrov warned that even allies..
Russian Foreign Minister Sergey Lavrov strongly criticized U.S. pressure on India over its oil trade with Moscow, backing New Delhi’s stance during high-level talks with S. Jaishankar. Hours after..
Saturday, 30 August 2025 ()
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