Reliance company crude oil

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 . 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 

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 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.

In 2002, Reliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three decades and one of the largest gas discoveries in the world during 2002. The in-place volume of natural gas was in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude oil.

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 . 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 Mukesh Ambani, chairman and managing director of Reliance Industries, is Asia's richest man. Carla Sertin Saudi Aramco has supplied approximately two billion barrels of crude oil for processing at Reliance's refinery at 14 Mar 2019 In response to a fresh round of U.S. sanctions against Venezuela, India's Reliance Industries has halted diluent deliveries to PDVSA.

Expansion makes Jamnagar the world's largest oil-refining hub. When Bechtel completed the Reliance Jamnagar complex in 2000, it was the largest refinery and petrochemicals complex ever built from the ground up. Now it's even bigger, and lays claim to being the world's largest oil-refining hub.

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 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.

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.

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 . 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 Mukesh Ambani, chairman and managing director of Reliance Industries, is Asia's richest man. Carla Sertin Saudi Aramco has supplied approximately two billion barrels of crude oil for processing at Reliance's refinery at 14 Mar 2019 In response to a fresh round of U.S. sanctions against Venezuela, India's Reliance Industries has halted diluent deliveries to PDVSA.

6 days ago Reliance Industries is understood to have bought 2 million barrels of Saudi oil amid a fall in the prices of crude, which is an outcome of the brutal output war between the Gulf kingdom and Russia that has seen prices falling to 

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  6 days ago Reliance Industries is understood to have bought 2 million barrels of Saudi oil amid a fall in the prices of crude, which is an outcome of the brutal output war between the Gulf kingdom and Russia that has seen prices falling to  10 Mar 2020 Reliance Industries (RIL) suffered a major jolt as the global rout, owing to coronavirus scare and oil price crash, erased $5.8 billion from Ambani's net worth on Monday and pushed him to No. 2 on the list of Asia's richest people, 

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.