11 articles
Indian oil refiners are hiring tankers to cross the Strait of Hormuz directly, shifting tactics to cut costs and secure supply chains. Major firms like Reliance and Indian Oil Corp. are securing disco
Iraq boosted oil exports to 2.17 million bpd in August thanks to deep discounts and Iranian clearance for tankers in the Strait of Hormuz. Major refiners including PetroChina and Reliance secured carg
India mandated refineries to produce 63,810 metric tons of LPG daily to secure supplies after Middle East conflicts disrupted imports. Major players like Reliance and ONGC must meet specific quotas up
India's jet fuel exports to the EU have climbed to roughly 62,000 barrels per day, approaching levels seen prior to the Russian fuel ban. Data from Kpler and LSEG highlights shipments from Reliance's
Indian industrial groups Reliance, Vedanta, and Adani plan to develop rare earth processing facilities in Andhra Pradesh to reduce China dependence, backed by government incentives and significant min
Indian stocks and the rupee declined as Middle East tensions pushed Brent crude to $112 per barrel. While Reliance and Tata Steel fell, Gland Pharma surged on strong quarterly profits.
India's Reliance Industries reported a 3.7% drop in oil-to-chemicals earnings due to higher crude premiums and freight costs amid Middle East disruptions. Revenue rose 12.4% driven by crude price incr
Indian stocks rebounded with the Nifty 50 gaining 0.61%, led by Sun Pharma's $11.8 billion acquisition of Organon, while crude oil prices hit $106/barrel amid Iran tensions. Reliance and Axis Bank sho
Reliance Industries rejected two Iranian oil cargoes due to compliance failures ahead of the expiring U.S. sanctions waiver. This move follows confirmation from U.S. officials that waivers permitting
Reliance signed a $3 billion renewable ammonia supply deal with Samsung C&T covering 15 years starting fiscal 2028–29.
Reliance Industries reported mixed polymer margins in its refining and petchem business during fiscal Q3 amid dropping naphtha costs. PE margins rose while PP and PVC margins fell.
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