TJX earnings beat, Revenue misses in Q2
Investing.com - TJX (NYSE:TJX) reported on Wednesday second quarter {{erl-8227||earnings that beat analysts' forecasts and revenue that fell short of expectations. TJX announced earnings...
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Rosneft News & Analysis
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Indian Finance Minister Issues Warnings Regarding Crypto
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
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Rosneft aims to complete LNG plant feasibility study in 2021
MOSCOW, April 30 (Reuters) - Rosneft ROSN.MM said on Friday it plans to complete a feasibility study of a liquefied natural gas (LNG) plant in Russia's Far East this year and start marketing...
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Europe Distillates-Diesel cracks climb, weak demand weighs
LONDON, April 26 (Reuters) - Northwest European diesel refining margins rose slightly to about $4.7 a barrel on Monday as crude prices fell, but weak demand in the region weighed.* No diesel...
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Europe Distillates-Diesel cracks unchanged as oil steadies
LONDON, April 19 (Reuters) - Northwest European diesel refining margins were steady at about $4.5 a barrel on Monday, as oil prices remained unchanged.* Oil prices were little changed,...
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UPDATE 2-Rosneft holds talks with global traders, India and China on Vostok Oil project
* Rosneft says sold 10% project stake to Trafigura for 7 bln eur* Vostok Oil may produce 50 mln T of LNG in 2030 - company* Rosneft's 2020 net income falls 79%, but it avoided a loss...
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RPT-UPDATE 1-India looks to resume Iran, Venezuela oil imports under Biden
(Repeats story published on Wednesday with no changes to text)By Nidhi VermaNEW DELHI, Dec 2 (Reuters) - India wants to diversify its oil imports, including the resumption of supplies from...
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UPDATE 1-India looks to resume Iran, Venezuela oil imports under Biden
(Add details, quotes)By Nidhi VermaNEW DELHI, Dec 2 (Reuters) - India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after U.S....
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RPT-Indian refiners bet on petrochems to hedge against low fuel margins
(Repeats story with no changes)By Nidhi Verma and Sudarshan VaradhanNEW DELHI, Oct 28 (Reuters) - Indian refiners have turned their focus to raising production of petrochemicals to cater for...
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Indian refiners bet on petrochems to hedge against low fuel margins
By Nidhi Verma and Sudarshan VaradhanNEW DELHI, Oct 28 (Reuters) - Indian refiners have turned their focus to raising production of petrochemicals to cater for rising demand and help hedge...
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India moving 'cautiously' on oil refiner BPCL's privatisation- minister
By Nidhi VermaNEW DELHI, Oct 13 (Reuters) - India is "treading very cautiously" in its plan to privatise state-run oil refiner Bharat Petroleum Corp Ltd BPCL.NS , Oil Minister Dharmendra...
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Rosneft sees start of its LNG supplies from Russia's far east in 2028 -Ifax
MOSCOW, Oct 8 (Reuters) - Russian energy giant Rosneft ROSN.MM expects to start supplying LNG from its planned plant in Russia's far east in 2028, Interfax news agency reported on Thursday...
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India extends deadline for initial bids to buy state-owned BPCL
NEW DELHI, Sept 30 (Reuters) - India said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd BPCL.NS to Nov. 16."In view of...
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BPCL sale may be delayed to FY22, worsening federal deficit woes - sources
By Nidhi Verma and Aftab Ahmed NEW DELHI, Sept 25 (Reuters) - India's efforts to privatise refiner Bharat Petroleum Corp. Ltd. BPCL.NS could spill over into the next fiscal year, according...
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U.S. eyes October deadline to end exemptions on Venezuela oil sanctions -sources
By Jonathan Saul and Marianna ParragaLONDON/MEXICO CITY, Aug 19 (Reuters) - The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some...
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RPT-India June oil imports lowest in nearly 9 yrs; none from Venezuela
(Repeats story published on Friday with no changes to text)* Latin America's share in India's oil imports lowest in a decade* India did not import Venezuelan oil, first time since June 2009*...
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India June oil imports lowest in nearly 9 yrs; none from Venezuela
* Latin America's share in India's oil imports lowest in a decade* India did not import Venezuelan oil, first time since June 2009* Made first import of oil from Neutral Zone since Sept....
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REFILE-India's oil imports in May sink to lowest in over 8 years - trade
(Corrects dateline to June 23, not June 22)By Nidhi VermaNEW DELHI, June 23 (Reuters) - India's oil imports in May hit the lowest since Oct 2011 as refiners with brimming storage cut...
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Venezuela's oil exports sink to 17-yr low, choked by U.S. sanctions
By Marianna ParragaJune 2 (Reuters) - Venezuela's oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports and two Mexican firms that had acted as...
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India's April crude processing in biggest drop in at least nearly two decades
(Adds detail)By K. Sathya NarayananMay 25 (Reuters) - India's crude oil processing in April slumped by 28.8% from a year earlier, its biggest drop since at least 2003, as a nationwide...
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UPDATE 1-Exxon pursues cost cuts at Russia's Sakhalin-1 project
(Adds detail)By Vladimir SoldatkinMOSCOW, May 8 (Reuters) - Exxon Neftegaz Ltd (ENL) is adjusting the schedule and scope of some of its activities at the Sakhalin-1 oil and gas project in...
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UPDATE 1-Venezuelan oil exports rise in April, even after Rosneft exit -data
(Adds Libre Abordo's reaction)By Marianna ParragaMay 4 (Reuters) - Venezuela's oil exports ticked higher in April after falling in March to their lowest average in seven months, helped by...
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Venezuelan oil exports rise in April, even after Rosneft exit -data
By Marianna ParragaMay 4 (Reuters) - Venezuela's oil exports ticked higher in April after falling in March to their lowest average in seven months, helped by new trading partners that were...
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Russian oil majors examine assets for cuts, some may be lost forever - sources
* Russia needs to cut oil output to 17 yr-low* Companies plan cuts at mature fields - sources* Moscow's cuts are part of global oil dealBy Olesya Astakhova and Vladimir SoldatkinMOSCOW,...
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RPT-India to continue prompt fuel exports for at least two more weeks
(Repeats April 7 story with no changes in text)* BPCL refining rate 60%, from about 90% two weeks ago* IOC's crude refining at 11 plants about 50%, from 70%-75%* IOC may have to shut 1-2...
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India to continue prompt fuel exports for at least two more weeks
* BPCL refining rate 60%, from about 90% two weeks ago* IOC's crude refining at 11 plants about 50%, from 70%-75%* IOC may have to shut 1-2 refineries if no demand increase* MRPL's refinery...
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REFILE-Trump warns of more U.S. sanctions on Venezuelan oil sector
(Refiles to correct typographical error in penultimate paragraph)* US has imposed sanctions on Rosneft Trading SA* Trump threatens more sanctions on Venezuelan oil sectorBy Nidhi Verma and...
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U.S. blacklisted Casimiro resigns from board of Indian refiner Nayara Energy
NEW DELHI, Feb 21 (Reuters) - Didier Casimiro, placed on a sanctions list by the United States earlier this week, on Friday resigned from the board of Indian refiner Nayara Energy,...
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Oil rises on supply worries, while virus-led demand concerns ease
By Koustav SamantaSINGAPORE, Feb 20 (Reuters) - Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand...
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UPDATE 8-Oil up more than 2% on slowing coronavirus cases, U.S. move on Venezuela
* Brent moves further into backwardation* U.S. tries to curtail Venezuela supplies* Coronavirus interactive graphic: https://tmsnrt.rs/2GVwIyw (New throughout, updates prices, market...
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U.S. sanctions on Rosneft Trading seen shifting crude flows
By Devika Krishna Kumar and Marianna ParragaFeb 19 (Reuters) - U.S. sanctions on Russian Rosneft's trading arm will disrupt a slice of global crude flows and may prompt refineries in...
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Latest Rosneft sanctions ratchet up U.S. threats for foreign firms dealing with Venezuela
By Luc CohenCARACAS, Feb 19 (Reuters) - Washington's move this week to sanction a trading unit of Russian oil giant Rosneft for its ties with Venezuela's state-run PDVSA escalated...
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UPDATE 1-Top Indian buyer of Venezuelan oil gauging impact of U.S. sanctions on Rosneft unit
(Adds details)By Nidhi VermaNEW DELHI, Feb 19 (Reuters) - India's Reliance Industries Ltd RELI.NS , a key buyer of Venezuelan oil, said it was assessing the impact of the latest U.S....
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Indian buyer of Venezuelan oil studying U.S. sanctions on Rosneft unit
NEW DELHI, Feb 19 (Reuters) - India's Reliance Industries Ltd RELI.NS , a key buyer of Venezuelan oil, said it was assessing the impact of the latest U.S. sanctions on Rosneft Trading...
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UPDATE 4-Reliance, Chevron defend against U.S. criticism of oil business with Venezuela
(Adds comments from Russian foreign minister and top U.S. envoy for Venezuela)By Nidhi Verma and Timothy GardnerNEW DELHI/WASHINGTON, Feb 6 (Reuters) - India's Reliance Industries...
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India's Reliance says purchases of Venezuelan oil have been approved by the U.S.
NEW DELHI, Feb 6 (Reuters) - India's refining firm Reliance Industries RELI.NS on Thursday said its purchases of Venezuelan crude have been reported and approved by the U.S....
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UPDATE 1-UK Stocks-Factors to watch on Feb. 6
(Adds company news items and futures)Feb 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42 points higher on Thursday, according to financial bookmakers with futures up...
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UPDATE 1-India's IOC signs annual deal on option to buy crude from Russia's Rosneft
(Adds minister's comments)By Nidhi VermaNEW DELHI, Feb 5 (Reuters) - State-owned Indian Oil Corp IOC.NS has signed a deal with Russian oil major Rosneft ROSN.MM giving it an option to...
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India's IOC signs annual deal on option to buy crude from Russia's Rosneft
By Nidhi VermaNEW DELHI, Feb 5 (Reuters) - State-owned Indian Oil Corp IOC.NS , India's top refiner, has signed a deal with Russian oil major Rosneft ROSN.MM that gives it an option to...
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Russia's Rosneft says India firms agree deal to join Vostok Oil project
MOSCOW, Feb 5 (Reuters) - Russia's state oil giant Rosneft ROSN.MM has agreed a deal in principle for Indian companies to join the Vostok Oil project in the Russian Arctic, it said on...
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Venezuela exported 14% less oil in Jan, but stocks still fell -data
By Marianna ParragaFeb 4 (Reuters) - Venezuela's oil exports declined almost 14% in January compared with December, but crude inventories continued to fall, helping state-run company...
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Indian state refiners near first annual deals to buy Russian oil - sources
By Nidhi VermaNEW DELHI, Jan 21 (Reuters) - Indian state refiners are close to signing their first annual deals to buy Russian oil, three sources privy to the development said, as the nation...
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UPDATE 1-Venezuelan oil exports fell by a third in 2019 as U.S. sanctions bit -data
(Adds forecasts, expert comment and context)By Marianna ParragaJan 7 (Reuters) - Venezuela's oil exports plummeted 32% last year to 1.001 million barrels per day, according to Refinitiv...
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Hit by sanctions, Venezuela lost a third of its oil exports last year - data
By Marianna ParragaJan 7 (Reuters) - Venezuela's oil exports plummeted 32% last year to 1.001 million barrels per day (bpd), according to Refinitiv Eikon data and state-run PDVSA's...
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