Reliance Industries & Hindustan Petroleum
8 shared events · Importance 4 · Last updated Apr 06, 2026
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International
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.
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) is one of the Indian refiners that halted or cut imports of Russian oil due to U.S. sanctions.
Jan 13, 2026 · 10 articles
International
Reliance Industries: Reliance Industries, a private refiner, continues to import Russian oil under annual deals, but its unusual purchase of Abu Dhabi Murban crude suggests potential shifts in its procurement strategy.
Hindustan Petroleum: Hindustan Petroleum is one of the Indian state refiners that has stopped buying Russian oil due to narrowing discounts and US threats.
Jul 31, 2025 · 47 articles
International
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) has halted imports of Russian oil from sanctioned entities due to US sanctions.
Nov 28, 2025 · 7 articles
International
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) has halted imports of Russian oil due to new US sanctions.
Jan 06, 2026 · 6 articles
Regulatory
Hindustan Petroleum: Hindustan Petroleum, as an OMC, is implementing discounted refinery transfer prices to absorb the impact of high global oil prices while retail prices remain frozen.
Apr 05, 2026 · 9 articles
Regulatory
Hindustan Petroleum: Hindustan Petroleum is one of the oil marketing companies that will benefit from the government's excise duty cuts, helping to alleviate financial strain from rising crude prices.
Mar 27, 2026 · 7 articles
Business
Hindustan Petroleum: Hindustan Petroleum, a state-owned fuel retailer, continues to keep retail fuel prices frozen, absorbing losses and acting as a 'good corporate citizen' with government support.
Mar 26, 2026 · 21 articles
International
Hindustan Petroleum: Hindustan Petroleum is one of the oil marketing companies that have hired LPG carriers affected by the Strait of Hormuz situation.
Mar 23, 2026 · 39 articles
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