India surpasses China to become Russia’s top oil buyer in July

India surpasses China to become Russia’s top oil buyer in July

NEW DELHI, Aug 22 (Reuters) – India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed. Russian crude made up a record 44% of India’s overall imports last month, rising to a record …

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Disney, Reliance discuss India entertainment merger, sources say

Disney, Reliance discuss India entertainment merger, sources say

[1/2]A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW DELHI, Dec 12 (Reuters) – Reliance Industries (RELI.NS) and Walt Disney (DIS.N) have held talks to merge …

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Fossil fuel phase-out among options on COP28 table

Fossil fuel phase-out among options on COP28 table

Draft COP28 text includes fossil fuel phase out Text adds other options, include no phase out deal Fossil fuel CO2 emissions hit record high in 2023 DUBAI, Dec 5 (Reuters) – Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit’s final deal …

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Exclusive: U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

Exclusive: U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

Russian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights WASHINGTON, Dec 1 (Reuters) – The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure …

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UN chief, COP28 president clash over future of fossil fuels

UN chief, COP28 president clash over future of fossil fuels

Leaders push starkly different hopes for fossil fuels King Charles III of Britain pleads for climate progress COP28 advisor from Marshall Islands quits in protest DUBAI, Dec 1 (Reuters) – U.N. Secretary General Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future without fossil fuels, saying there was no …

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OPEC+ agrees to voluntary oil output cuts, invites Brazil to join

OPEC+ agrees to voluntary oil output cuts, invites Brazil to join

FILE PHOTO: OPEC’s logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic Acquire Licensing Rights OPEC+ announces no new group cut target for 2024 Instead members led by Saudi Arabia to make voluntary cuts Saudi to roll over 1 million bpd cut into Q1 Russia to cut 500,000 bpd OPEC+ invites Brazil …

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COP28 opens with plea to work together on fossil fuels

COP28 opens with plea to work together on fossil fuels

[1/4]Attendees arrive for the opening of U.N.’s COP28 climate summit in Dubai, United Arab Emirates, November 30, 2023. REUTERS/Amr Alfiky Acquire Licensing Rights COP28 president says engaging on fossil fuels ‘essential’ Countries and oil companies urged to work together Summit delegates hope for early approval of disaster fund deal DUBAI, Nov 30 (Reuters) – The …

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