Reliance company crude oil
Reliance to swap diesel for Venezuelan crude oil RIL operates twin refineries with a capacity to process 1.36 million barrels per day of crude oil at Jamnagar in Gujarat. Dhirubhai Ambani founded Reliance as a textile company and led its evolution as a global leader in the materials and energy value chain businesses. It was in 1957 when he returned to India after a stint with A.Besse& Co., Aden he started yarn trading business from a small 500 sq.ft. Fuels from Jamnagar refinery are exported to several countries across the world. This complex refinery is future ready and can produce gasoline and diesel of any grade. Reliance also has another refinery – the sixth largest in the world – in the Special Economic Zone at Jamnagar. This refinery has a capacity for processing 580,000 BPD of crude. Reliance Petroleum is amongst one of the leading petroleum companies in the world. Its wide range of petrol and petroleum products cater to diversified businesses in the oil and gas industry. The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries Limited in Jamnagar, Gujarat, India.The refinery was commissioned on 14 July 1999 with an installed capacity of 668,000 barrels per day (106,200 m 3 /d) later Increased to 1,240,000 barrels per day (197,000 m 3 /d). It is currently the largest refinery in the world.
11 Aug 2019 Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses. agreement for Saudi Aramco to supply the joint venture assets with 500,000 barrels per day (b/d) of crude oil.
12 Aug 2019 Aramco has so far supplied approximately two billion barrels of crude oil for processing at the Jamnagar refinery. Reliance Industries managing director and chairman Mukesh Ambani said: “I am truly delighted to welcome 12 Aug 2019 Reliance agreed to purchase 500,000 barrels of crude oil a day from Saudi Aramco as part of the deal. it agreed to acquire a 20% stake in Reliance Industries' refining and petrochemicals business, valued at $75 billion. 20 Aug 2019 The two companies have signed a non-binding letter of intent for the Saudi state oil giant to take a stake in the establish a long-term agreement for Saudi Aramco to supply 500,000 bbl/d of crude for Reliance Industries to 12 Aug 2019 Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries' oil refinery and chemical business at an enterprise value of USD 75 billion (around 14 Aug 2019 Saudi Arabia's national oil company is considering a $15bn investment to acquire 20 per cent of the oil-to-chemicals business of India's Reliance Industries .
19 Nov 2019 Reliance Industries Ltd., run by Asia's richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors.
28 Jan 2016 Reliance is by far an export refiner so it exports most of the refined oil to countries world over predominantly East Asian; It sells it Indian oil firms too. Now that the US embargo is lifted it will soon resume export to Iran. Reliance Petroleum Limited is a company owned by Reliance Industries Limited (RIL), one of India's largest private sector companies. It is based in Ahmedabad, Gujarat, India and has interests in the downstream oil business. RPL also benefits from a strategic alliance with Chevron India Holdings Private Limited The deal will see Reliance buy up to 500,000 barrels a day of crude oil from Aramco, Prasad told media after the company’s annual general meeting (AGM), noting this would more than double the China National Petroleum Corp and its units stopped taking Venezuelan oil in August. Others, including Reliance, have recently been buying Venezuelan crude from Russian major Rosneft , according
6 days ago NEW DELHI/SINGAPORE: India's Reliance Industries Ltd, operator of the world's biggest refining complex, has bought 2 million barrels of additional Saudi oil in a very large crude carrier for loading in April, trade sources said
19 Nov 2019 Reliance Industries Ltd., run by Asia's richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors. Reliance Industries Ltd. engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, Oil and Gas segment consists of exploration, development and production of crude oil and natural gas. 22 Feb 2020 The Russian oil giant has maintained that it could receive PdVSA crude oil without violating the sanctions because the oil was given as part of the repayment of debt for the Venezuelan oil company's past dues to Rosneft. On 18
Business leader in refining business with 24 years of experience in Oil & Gas industry. Heading physical crude oil trading for biggest and one of the most complex refinery in the world. Excellent relationship with NOCs , Majors , Traders .
China National Petroleum Corp and its units stopped taking Venezuelan oil in August. Others, including Reliance, have recently been buying Venezuelan crude from Russian major Rosneft , according
6 days ago Reliance Industries Ltd, operator of the world's biggest refining complex, has bought two million barrels of additional Saudi oil in a very large crude carrier for loading in April, trade sources. 14 Oct 2019 Although US oil sanctions imposed on Venezuela in January 2019 have no direct secondary component, oil companies such as Reliance Industries (RIL) that have a significant US presence have curtailed their commercial ties