Reliance Industries & HPCL-Mittal Energy

Reliance Industries: Reliance Industries, particularly its Jamnagar refinery, halved its imports of Russian crude oil in December 2025, largely due to U.S. sanctions on Rosneft. This action significantly contributed to India's overall import reduction.

HPCL-Mittal Energy: HPCL-Mittal Energy Ltd is among the Indian companies that halted or reduced Russian oil imports following the U.S. sanctions.

HPCL-Mittal Energy: HPCL-Mittal Energy Ltd has halted imports of Russian oil from sanctioned entities due to US sanctions.

HPCL-Mittal Energy: HPCL-Mittal Energy Ltd has halted imports of Russian oil following new US sanctions.

HPCL-Mittal Energy: HPCL-Mittal Energy is a major Indian refiner that has the complexity needed to efficiently run Venezuelan crude grades.

HPCL-Mittal Energy: HPCL-Mittal Energy, a standalone refiner, is among the most affected by the discounted refinery transfer prices, as it relies on market-linked RTP for revenue and has negligible retail presence.