31 articles
Reliance Industries reported a 41% surge in quarterly net profit driven by record crude runs and strong petrochemical margins. The conglomerate leveraged its world's largest refining complex to offset
Reliance Industries reported a 41% surge in net income, beating estimates due to high diesel refining margins and strong telecom performance from its newly listed unit Jio Platforms. Its market value
Reliance Industries confirmed discussions between the Ambanis and US Secretary of State Marco Rubio on global energy and data centres. Rubio encouraged increased Venezuelan crude refining at Reliance'
US Secretary of State Marco Rubio urged Reliance Industries to refine more Venezuelan crude during his India visit, aiming to stabilize energy markets amid regional conflicts and diversify supply chai
US Secretary of State Marco Rubio visits India to finalize a trade deal while waiving tariffs on Russian crude oil imports. The move impacts major refiners like Reliance Industries as New Delhi balanc
Morgan Stanley is leading fundraising for America First Refining's $4 billion Texas plant, the first new major US refinery in 50 years. Reliance Industries is an investor, with operations expected by
US Secretary of State Marco Rubio plans to meet Reliance Industries' Mukesh Ambani to discuss energy cooperation and a proposed US oil refinery. The visit underscores Washington's engagement with the
US Secretary of State Marco Rubio will visit India next week to deepen energy cooperation and investment, including meetings at Reliance Industries' oil refining complex in Jamnagar. The trip also inc
India's Venezuelan oil imports are set to reach a seven-year high this month, driven by steep discounts attracting refiners like Reliance Industries. Deliveries could double to 465,000 barrels per day
Reliance Industries sued India's food regulator to overturn an order banning "energy drink" labels on its Campa-brand beverages. The ban addresses health concerns regarding high-caffeine products mark
Reliance Industries and Nayara Energy are rationing diesel and gasoline sales to limit losses from rising crude costs against fixed retail prices. The curbs impact logistics providers and may divert c
Reliance Industries plans to raise approximately $1.04 billion through a second tranche of 10-year rupee-denominated bonds. The move aims to finalize borrowing before the central bank's monetary polic
Reliance Industries aims to raise 125 billion rupees ($1.31 billion) through five-year bonds with a 7.47% coupon, marking its first rupee bond offering since November 2023.
India's Nifty 50 corrected after a new trading mechanism surge, while Reliance Industries shares dropped due to fuel export taxes impacting refining margins and Brent crude prices rose.
Reliance Industries increased diesel exports to Europe and Brazil in July, shipping 4-5 million barrels to Europe to offset supply tightness from geopolitical conflicts and Russian bans.
Reliance Industries reported a 17% year-over-year increase in O2C EBITDA to $1.7 billion, driven by strong downstream margins and rising crude prices. Sales surged 30.4%, supported by favorable cracki
Indian shares are set to open lower amid rising oil prices linked to Middle East tensions, with Brent crude exceeding $90 per barrel. Key earnings reports, including Reliance Industries' profit beat d
Reliance Industries exceeded profit expectations fueled by robust refining and petrochemical margins, surpassing forecasts despite a 22% net income drop amid Iran war-induced market disruptions.
Indian stocks and the rupee declined after President Trump reignited Iran tensions, causing crude oil prices to surge nearly 7% and dragging down oil refiners like Reliance Industries amid renewed geo
Mukesh Ambani assured shareholders that Reliance Industries will remain undivided during succession, assigning key roles to his children while announcing plans for a major digital IPO and expansion in
Venezuela's Acting President Delcy Rodríguez visits India to bolster energy security as New Delhi diversifies crude supplies disrupted by the Iran conflict. Major refiners like Reliance Industries aim
Reliance Industries is negotiating with CATL for battery energy storage components to advance its renewable energy goals in India, following setbacks in accessing lithium-ion cell technology.
Reliance Industries plans to shut some units at its 660,000 barrels per day refinery for 3-4 weeks for routine maintenance after Nayara Energy resumes operations later this month.
Reliance Industries is reducing alkylate exports and tripling LPG production to address India's severe fuel shortages amid Middle Eastern geopolitical tensions. The move prioritizes household cooking
Venezuela's oil exports hit a seven-year high of 1.23 million barrels per day in April following eased sanctions, with major shipments to the U.S., India, and Europe. Chevron and Reliance Industries w
India's government denied plans to raise fuel prices despite rising crude costs and panic buying, while analysts warn of potential hikes post-elections as retailers face margin pressures. Major refine
Reliance Industries' subsidiary has loaded 2 million barrels of Venezuelan heavy crude directly from PDVSA at Jose Port. This aligns with a surge in Venezuela-India crude exports, which jumped from 35
Reliance Industries confirmed it will not reduce production runs, maintaining an overall capacity of 68.2 million metric tons per year.
Reliance Industries and Samsung C&T signed a 15-year, $3 billion green ammonia supply deal starting in 2029. This strategic partnership advances India's clean energy goals while fulfilling South Korea
President Trump claimed a historic $300 billion refining project in Texas backed by Reliance Industries, potentially impacting global chemical markets. The claim surpasses typical refinery investments
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