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Pvt sector refiners cut Russian imports as oil discounts fall

The New Indian Express

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December 05, 2024

PRIVATE sector refiners, including Reliance Industries and Rosneft-backed Nayara Energy, have reduced their imports of Russian crude by 18% month-on-month in November 2024, as the discount on oil from the country has narrowed.

- RAKESH KUMAR

As per energy cargo tracking firm Vortexa, private refiners imported a total of 726,585 barrels per day (bpd) from Russia in November, down from 885,983 bpd in October and 761,941 bpd in September. Despite reduction in Russian crude imports, private sector refiners saw a 5% month-on-month rise in exports, though the destination has shifted from Europe to Asia.

The New Indian Express से और कहानियाँ

The New Indian Express

The New Indian Express

Another FTA in bag with duty-free Oman access to 99% exports

AT a time when the country is diversifying its export market amid steep, unilateral trade tariffs levied by the US, India and Oman on Thursday signed a Comprehensive Economic Partnership Agreement (CEPA) under which 99% of Indian exports, by value, will have duty-free access to the Omani market.

time to read

1 min

December 19, 2025

The New Indian Express

IIM & Scalar to blend traditional business edu with AI

The Indian Institute of Management (IIM), Tiruchirappalli, has tied up with edtech firm Scaler to develop management programmes that blend traditional business education with practical exposure to technology and artificial intelligence.

time to read

1 min

December 19, 2025

The New Indian Express

The New Indian Express

TN boosts marine patrol as turtle deaths touch 50

11-man elite force, comprising trained members of fishing community, deployed to monitor waters up to five nautical miles from the coast

time to read

2 mins

December 19, 2025

The New Indian Express

The New Indian Express

Deepathoon dispute: HC bench reserves judgment

AG says state doesn't want to take specific stand on pillar's identity

time to read

2 mins

December 19, 2025

The New Indian Express

The New Indian Express

Retain MGNREGA, incorporate provisions of VB-G RAM G after consulting states: CM to PM

Stalin, in a letter, said 5 key changes proposed in new Bill will alter fundamental rights-based nature of MGNREGA

time to read

2 mins

December 19, 2025

The New Indian Express

Free laptops for TN college students likely from January 5

THE Tamil Nadu government's free laptop distribution scheme is likely to be launched on January 5, with beneficiaries already identified for the first phase of implementation.

time to read

2 mins

December 19, 2025

The New Indian Express

The New Indian Express

Torn papers fly as G-Ram-G bill replacing Mahatma approved

PARLIAMENT on Thursday passed the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill amid chaotic scenes in the Lok Sabha, with the Opposition raising slogans, tearing copies of the legislation, and standing on tables while holding posters of Mahatma Gandhi aloft, despite repeated appeals for order by Speaker Om Birla.

time to read

1 mins

December 19, 2025

The New Indian Express

The New Indian Express

CRISIS LOOMS AS US TARIFFS CRIPPLE TN EXPORTS: CM

WARNING of a looming humanitarian and economic crisis due to the impact of the 50% tariff on Indian exports imposed by the United States, Chief Minister MK Stalin has written a letter to Prime Minister Narendra Modi seeking his urgent intervention to resolve the issue.

time to read

1 min

December 19, 2025

The New Indian Express

The New Indian Express

House clears nuclear energy bill

Centre's push to privatise nuclear energy without 'adequate safeguards' sparks huge uproar

time to read

1 min

December 19, 2025

The New Indian Express

Plea on enhancing quality of packaged drinking water: Luxury litigation, says SC

THE Supreme Court on Thursday declined to entertain a PIL seeking enforcement of global standards for packaged drinking water, terming it as a fit case of 'luxury litigation' in a country where a large populace lacks access to basic drinking water.

time to read

1 min

December 19, 2025

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