Month: April 2023

Reuters exclusively reported that India’s capital market regulator, which is investigating the Adani group, has zeroed in on transactions between its companies and offshore entities linked to promoter Gautam Adani’s brother for possible violations of rules. These transactions should have been reported under India’s ‘related party transaction’ rules but were not. Reuters is the first […]

Reuters exclusively reported that Russia’s largest oil producer Rosneft (ROSN.MM) and India’s top refiner Indian Oil Corp (IOC.NS) agreed to use the Asia-focused Dubai oil price benchmark in their latest deal to deliver Russian oil to India. The larger volumes and change in Russian oil pricing highlight closer ties between Moscow and India, which has […]

Reuters exclusively reported that Valero Energy Corp (VLO.N), the second-largest U.S. oil refiner, is seeking Washington’s permission to import Venezuelan crude, hoping for a repeat of the approval granted to Chevron Corp (CVX.N) in November after a four-year ban. The post <strong>Refiner Valero seeks US approval to import Venezuelan oil</strong> appeared first on Reuters News […]