Tag: Russian crude
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Reliance Refutes Claims of Russian Crude Vessels Heading to Jamnagar Refinery
Reliance Industries Objects to Reports of Russian Crude Arriving at Jamnagar Reliance Industries Limited (RIL) has pushed back against circulating claims that three vessels laden with Russian crude are on their way to its Jamnagar refinery. In a post on X (formerly Twitter), the conglomerate described the reports as “blatantly untrue,” emphasizing that the information…
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Reliance Refutes Reports of Russian Crude Vessels Heading to Jamnagar
Reliance Industries denies reports of Russian crude shipments to Jamnagar In a fast-moving industry environment, Reliance Industries Limited (RIL) has publicly rejected claims that three vessels laden with Russian crude are on their way to its Jamnagar refinery. The clarification came after social media chatter suggested an imminent import of Russian oil to one of…
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Reliance Industries Denies Reports of Russian Crude Vessels Heading to Jamnagar
RIL dismisses claims of inbound Russian crude shipments Reliance Industries Limited (RIL) has rejected circulating reports that three vessels carrying Russian crude oil are en route to its Jamnagar refinery. In a post on the social media platform X, the conglomerate described the claims as “blatantly untrue” and said there was no truth to the…
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Reliance to Halt Russian Crude Imports to Preserve Western Access
Overview Reliance Industries, India’s largest buyer of crude from Russia, is moving to curb its purchases from sanctioned Russian entities. The plan aims to align with Western sanctions and preserve Reliance’s access to key Western markets, including the United States and the European Union. People familiar with the matter say the conglomerate is preparing to…
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Reliance to curb Russian crude imports, protect Western access
Reliance moves to sever ties with sanctioned Russian crude Reliance Industries, India’s largest private sector energy company and a major buyer of Russian crude, is accelerating a shift away from sanctioned Russian crude and examining strategies to stop purchases from sanctioned entities. The move, confirmed by multiple industry sources, aims to align with Western sanctions…