The move by the Indian Register of Shipping is keeping state-owned Sovcomflot's tanker fleet afloat and ensuring it can continue exports to India of Russian oil

New Delhi's current imports make up more than a quarter of Europe's imports of Russia crude and related products, the report said

The fire started around 4 a.m. (2000 GMT on Friday) and had been brought under control by 9 a.m., Xinhua reported, citing fire officials

The deal sets out how the pipeline crosses the Ussuri river on the China-Russia border. Gazprom recently issued a five-year plan for large-scale work on Far East gasification

"Our refining margins were in the negative, and operations only began to recover slightly from late May with some early signs of easing in lockdowns," a refinery trading manager said

The carbon capture project, situated at CNOOC's Enping Oilfield in the mouth of the Pearl River, will store carbon dioxide emitted during oil extraction

Russian grades totalled 16.5% of India's oil imports last month, but the country still gets nearly 60% of its oil from Iraq and nations in the Middle East, and the Russian spurt may have already ended

China-Russia trade reached $65.81 billion in the first five months of this year, up 28.9% over 2021, according to customs data released by China on Thursday

The risk of a global recession is keeping the US from imposing curbs on India and China, which are buying Russian oil at deep discounts

US asked Indian officials not to purchase too much Russian oil, energy official tells Senate subcommittee on Europe and regional security cooperation

The days of cheap Russian oil have evaporated, according to Indian sources, who say Rosneft has failed to sign new oil deals with Indian refiners, as sales have been done with other customers.

Freeport LNG announced the closure after assessing the damage. Asian markets are already strained by limited access to Russian LNG due to its war on Ukraine