MOSCOW -- Russia and India are enhancing partnerships in the energy sector, as the South Asian nation seeks new suppliers to meet its growing needs at a time when Moscow is keeping an eye on rising Chinese fuel exports.
Indian Oil Corp., the country's top refiner, announced on Nov. 12 that it was in the process of negotiating with Rosneft to increase oil purchases and expand investments in Russian oil refining projects, amid political tension in the Middle East that is affecting energy supplies.