Policy
India’s Crude Oil Import Cost UpBy 48% So Far This Year
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India Explores UAE As Key LNG, LPG And Crude Supplier
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GAIL Continues To Seek Equity Stake In US LNG Project
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Oil India Opts For Deepwater Drilling s New Exploration Strategy
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Rs 144.7 Billion Profits Predicted: State-Owned OMCs In For Remarkable Q2 Recovery
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Regulation
Saudi, UAE Keen To Invest In India’s Refinery Sector
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Rising LPG Supply Cost Creates A Fresh Problem For Govt.
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Petrol Pump Operators’ Agitation Over MDR Issue
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India’s Trade Shift Makes U.S Major LPG Import Source
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Alternative Energy / Fuel
India Achieves 300 GW Non-Fossil Fuel Power Capacity
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New Projects
RIL Proposes Underground Coal Gasification Complex In AP
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Mahanagar Gas Commissions Pipeline In Mumbai
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Market Watch
IOC- Jindal Stainless Extend Lubricant Supply Pact
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Companies
Actis
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Actis Announces Launch Of Renewable Energy Platform
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Simplex Infrastructures Gets Oil India Drilling Contract
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Repono Gets Railway Approval For Petroleum Terminal
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Press Release [FREE Access]
Today's News » Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
October 12, 2026: Ukraine's President Volodymyr Zelensky has condemned Donald Trump's announcement of a deal to import Russian diesel into the US.

Zelensky called it a gift to Russian President Vladimir Putin that amounts to "an investment in a war that must be ended, not prolonged", a position quickly backed by Ukraine's European allies.

Trump said Putin had agreed to release 300,000 tonnes of diesel immediately "to the American and global marketplace" followed by 500,000 tonnes in November and a further one million after that.

It is understood that the US Treasury is suspending sanctions on Russian diesel exports until 7 April as part of the deal, but other assets like those in American banks are still frozen.

Trump wrote on his Truth Social platform that a further three million tonnes of Russian diesel would be delivered "within a short period", dependent on the condition of its refineries, which have been attacked by Ukraine.

Putin later said that Russia, which introduced a ban on diesel exports earlier this year, was willing to supply both the US and global markets with oil and petroleum products, but his statement did not specify amounts.

Zelensky said Russia would repay the diesel with "further terror".

"We count on America's fair support for our defence of life, for our defence of people in Ukraine – and on the United States having a correspondingly strong conversation with Russia. A strong one, not a weak one," he wrote.

He later pointed to deadly overnight strikes on Zaporizhzhia and Kyiv as Russia expressing "its thanks" for the agreement.

Analysts have questioned whether Russia is capable of providing that quantity of diesel and the extent to which doing so will ease prices for American consumers.

(Source: BBC)


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Petro Intelligence [FREE Access]
Is India Bartering Away Its Heft?
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Concerns Over Rising LNG Prices Deepen
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LPG: Need To Find Ways To Avoid Future Shocks
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India Must Face Down Trump’s Tariff Threats
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Foreign Investment
Sumitomo To Participate In Renewable Energy Project In India
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Overseas Investment
BPCL Readies $3-Billion Bond ToFund Brazil Oil Project
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Gas Scene
Domestic Natural Gas Scene In July 2026
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Who Owns How Much Share In India’s Natural Gas Pipelines
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India Diversifying LNG Import Sources
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Indian Natural Gas Spot Price for Physical Delivery
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Domestic Natural Gas Production Exceeding Targets?
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Where Does India Figure Globally In LNG Imports?
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A Graphic Presentation Of Domestic Natural Gas Scene in June ’26
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Global Natural Gas Price Trends
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India’s City Gas Distribution (CGD) sector is expanding rapidly
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Updated Graphic Presentation of India’s Natural Gas Consumption and Import Dependency
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Dismal Domestic Natural Gas Scene In June 2026
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India’s Rising LNG import, Rusting Capacity Of Many LNG terminals
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Domestic Natural Gas Scene In May 2026
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Sector-Wise Consumption Of Natural Gas In India
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CGD Sector’s Increasing Share In India’s Natural Gas Consumption
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Data Section
Monthly Upstream Data
Monthly Downstream Data
Historical database
Data Archives
Special Database
BPCL’s Financial Performance Standalone, Consolidated During FY’23 To FY’26
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Consumption Growth Of Petroleum Products Drops In August 2026
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Fall In Import, Export Of Petroleum Products In August 2026
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Diverging Views On Global Oil Demand
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Indian Crude Basket Price In August 2026
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Oil India’s Healthy Reserve Base, Growth In Acreage, Exploratory Drilling
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Diesel’s Dominant Position In Petroleum Products Consumption In India
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Analysis Of Petroleum Products Consumption Trend During The Current FY
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India’s Crude Oil Import Drops In August, 2026
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Refill Affordability Problem Hits PMUY LPG Scheme
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Feedstock-wise Ethanol Production In India
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BPCL’s Three Major Refinery Projects In Progress
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Share Of Various Products In Overall Petroleum Products Consumption In FY 26’
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Specific Energy Consumption In India’s State-Owned Refineries
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India’s Growing Petroleum Marketing Infrastructure
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Increasing Popularity Of PMUY LPG Program
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Tenders [FREE Access]
ONGC
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Vedanta Oil and Gas
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