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Sanctioned oil tankers ship Russian oil to India

Indian refiners pay in Yuan for Russian oil import

In June, the Indian Oil Corporation became the first state-owned refiner to pay for Russian imports in Yuan, reports Reuters.

Petrobras partners with Shell to build test lab in Brazil

Brazilian firm Petrobras has partnerd with Shell and Senai CIMATEC to develop a LDP for pre-salt research and development.

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