Reliance
Reliance
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, 2024 | Exclusive: India's Reliance to buy Russian oil in roubles, sources say |
| May 28, 2024 | India's Reliance to buy Russian oil in roubles, sources say |
| April 26, 2024 | India receives oil cargo in Russian SCF tanker after brief halt, sources say |
| March 22, 2024 | India Halts Russia Oil Supplies From Sanctioned Tanker Giant |
| March 20, 2024 | India's Reliance refusing Sovcomflot oil shipments after sanctions, sources say |
| March 19, 2024 | India buys more oil from the US: strengthened sanctions control curbs flows from Russia |
| February 29, 2024 | India Looks Elsewhere for Oil as US Sanctions Crimp Russia Trade |
| July 03, 2023 | Russian oil deliveries to India break records for ten months in a row |
| June 23, 2023 | Cocoa Products Exports into Russia |
| November 17, 2022 | Reuters: Some Indian refineries failed to place orders for Russian oil in December |
| March 17, 2022 | India’s Reliance Industries considers divesting from Russian fuel |
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