Times of IndiaIndia ready to clear $6.5 billion of Iran's oil dues, seeks clarity on payment channelTimes of IndiaNEW DELHI: Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to …

Tasnim News Agency (press release)India ready to clear $6.5 billion of Iran's oil duesEconomic TimesNEW DELHI: Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $ …

The Local.itRiviera beaches spared as Italy oil slick dissolvesThe Local.itThe oil slicks formed after an April 17th pipeline leak at an ageing refinery near Genoa which resulted in 680,000 litres of crude spilling into the Polcevera river, which flows int …

Sydney Morning Herald'Full-scale cash crisis' in oil sectorSydney Morning HeraldThe head of the world's largest provider of services to oilfields has warned of a "full-scale crisis" as the industry is lashed by an unprecedented slump …

BloombergIran Might Still Outwit the Saudis on OilBloombergWhen oil producers, led by Venezuela and Russia, began to talk about an output freeze back in February, Iran made it very clear that it wouldn't participate until it restored production to pre- …

Reliance buys Iranian oil after six-year hiatusEconomic TimesNEW DELHI: Reliance Industries has bought crude oil from Iran after a 6-year break and is looking to strike a long-term fixed quantity deal, post lifting of sanctions. RIL, which operates the wor …

Wall Street JournalRussia Opens Up New Oil Front: IndiaWall Street JournalRussia is opening a new front in its battle for a bigger share of the global oil market: India. Later this year, Russian state-controlled oil giant OAO Rosneft plans to start sending …

Iran central banker visiting India over oil duesBusiness StandardIran sold oil to refiners like Essar Oil and Mangalore Refinery and Petrochemicals Ltd (MRPL) in US dollar per barrel. 45% of the oil bill was paid in rupees in a UCO Bank account while the r …

MarketWatchOil climbs after 5-session drop as China stocks bounce backMarketWatchOil futures climbed on Thursday after a five-session drop, finding support as a selloff in Chinese stocks abated and difficult negotiations over Iran's nuclear program hel …

ReutersEssar Oil plunges 5.5% after hitting 1 year high on Rosneft dealEconomic Times"Rosneft and Essar Oil & Gas Ltd / Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, have signed a non-binding Term Sheet …