Indias MRPL buys first cargo of US Thunder Horse crude oil: Report  Business StandardIndia's state-run Mangalore Refinery and Petrochemicals Ltd (MRPL) has made its first purchase of U.S.-produced Thunder Horse crude oil via a tender for ... Read …

Business TodaySaudi Arabia to supply extra oil cargoes to India in Nov as Iran sanctions loomBusiness TodaySaudi Arabia, the world's biggest oil exporter, will supply Indian buyers with an additional 4 million barrels of crude oil in November, several …

Economic TimesRefiners to pay Iran for oil in rupeeEconomic TimesNEW DELHI: Indian refiners will pay for oil from Iran in rupee, using UCO Bank and IDBI Bank, from November 4 when petroleum-related sanctions against the Islamic Republic take effect, accord …

Economic TimesAt $300 billion, India wants to spend as much as Saudi Arabia to quench its thirst for oilEconomic TimesThe South Asian nation needs investments to boost the production of natural gas and crude oil, and to refine, transport and distribute the …

Economic TimesIran said to cut benefits on oil sales to Indian state refinersEconomic TimesNational Iranian Oil Co. will cut the credit period on crude oil sales to 60 days from 90 days for refiners such as Mangalore Refinery & Petrochemicals Ltd. and …

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 …