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India's State Oil Refiners

Govt refiners eye smaller oil suppliers after US sanctions Rosneft, Lukoil

India has been balancing the risk of secondary sanctions - and the need to secure a trade deal with the US - against the risks that come with allowing much-needed ties to Russia to fray

Govt refiners eye smaller oil suppliers after US sanctions Rosneft, Lukoil
Updated On : 28 Oct 2025 | 10:32 AM IST

India boosts US oil purchases on competitive prices, narrows trade deficit

The country's top refiner, Indian Oil Corp, has bought 5 million barrels of US West Texas Intermediate crude for delivery in October and November via a tender

India boosts US oil purchases on competitive prices, narrows trade deficit
Updated On : 29 Aug 2025 | 11:47 AM IST

Indian refiners to trim Russian oil purchases as higher US levies loom

State-run and private processors, including heavyweight Reliance Industries Ltd., are expected to buy 1.4 million-to-1.6 million barrels a day for October loading and beyond

Indian refiners to trim Russian oil purchases as higher US levies loom
Updated On : 26 Aug 2025 | 12:27 PM IST

India's state refiners in talks for long-term oil import deal with Russia

Nayara Energy and Reliance Industries have already signed term deals for Russian oil imports

India's state refiners in talks for long-term oil import deal with Russia
Updated On : 11 Jul 2024 | 2:00 PM IST

Govt to halve oil refiners' FY24 energy transition equity support: Report

State-run Bharat Petroleum Corp and Hindustan Petroleum Corp aim to end net carbon emissions from their operations by 2040, and Indian Oil Corp has set a target for 2046

Govt to halve oil refiners' FY24 energy transition equity support: Report
Updated On : 05 Jan 2024 | 9:35 AM IST

As Russian discounts erode, Indian oil refiners may shift back to the Gulf

Iraq and UAE are willing to offer credits for longer periods of time, and they are also located closer to the Indian shores

As Russian discounts erode, Indian oil refiners may shift back to the Gulf
Updated On : 18 Jul 2023 | 9:44 AM IST

State oil firms planning aggressive push on natural gas as next big thing

State-owned oil companies re planning to raise gas contributions to between 5 and 15 per cent of their incomes over the next few years

State oil firms planning aggressive push on natural gas as next big thing
Updated On : 17 Nov 2017 | 7:48 PM IST

Govt's refiners bet big on petrochemicals as industry reshapes

The govt is still formulating a national policy for petrochemical

Govt's refiners bet big on petrochemicals as industry reshapes
Updated On : 11 Aug 2017 | 4:03 PM IST