Reliance Industries is an Indian company, the country's largest holding company.

India's Reliance, operator of the world's biggest refining complex, will not buy Russian oil loaded on tankers operated by Sovcomflot after recent U.S. sanctions. India's Reliance Industries, opens new tab, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles.

The Company Statement
December 02, 2022

Intention to avoid Russian fuel import (not verified). Buying Russian fuel. According to the analytical company, over the past two months, the largest buyers of Russian oil were the Indian state company Indian Oil Corp. and the country's largest holding Reliance Industries Ltd. India's Reliance refusing Sovcomflot oil shipments after sanctions, sources say.

May 28, 2024Exclusive: India's Reliance to buy Russian oil in roubles, sources say
April 26, 2024India receives oil cargo in Russian SCF tanker after brief halt, sources say
March 22, 2024India Halts Russia Oil Supplies From Sanctioned Tanker Giant
March 20, 2024India's Reliance refusing Sovcomflot oil shipments after sanctions, sources say
March 19, 2024India buys more oil from the US: strengthened sanctions control curbs flows from Russia
February 29, 2024India Looks Elsewhere for Oil as US Sanctions Crimp Russia Trade
July 03, 2023Russian oil deliveries to India break records for ten months in a row
June 23, 2023Cocoa Products Exports into Russia
November 17, 2022Reuters: Some Indian refineries failed to place orders for Russian oil in December
March 17, 2022India’s Reliance Industries considers divesting from Russian fuel
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.