Indian Oil Corporation & Reliance Industries
21 shared events · Importance 3 · Last updated Aug 23, 2026
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Business
Indian Oil Corporation: IOCL's participation as a major oil company supports the initiative and may benefit from innovative solutions.
Reliance Industries: Reliance's former R&D president attended, indicating private sector interest in the initiative.
Aug 20, 2026 · 12 articles
International
Indian Oil Corporation: Indian Oil Corporation (IOC) continues to purchase oil from non-sanctioned Russian entities, distinguishing its strategy from other Indian refiners.
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.
Jan 13, 2026 · 10 articles
Domestic
Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
Reliance Industries: Reliance Industries>>> is a partner in Reliance Industries — Jio-bp>>>, a fuel retailing joint venture that has adjusted its prices in line with state-owned companies.
May 19, 2026 · 125 articles
Regulatory
Indian Oil Corporation: As a public-sector OMC, IOC is involved in LPG distribution and CGD, and may see shifts in its business mix.
Reliance Industries: Reliance, as a major refiner, may benefit from increased domestic natural gas allocation and LPG production targets.
Aug 23, 2026 · 8 articles
Domestic
Indian Oil Corporation: Provides hydrogen refueling station for existing pilot; potential supplier for future hydrogen needs.
Reliance Industries: Involved in hydrogen pilot projects; aligns with its green energy ambitions.
Jul 06, 2026 · 6 articles
International
Indian Oil Corporation: Indian Oil's Vadinar SMPL terminal saw a 35% increase in Russian crude imports, contributing to India's record intake and benefiting from discounted supplies.
Reliance Industries: Reliance operates the Jamnagar refinery, a major recipient of Russian crude, which also exports refined products to the U.S., benefiting from Russian feedstock.
Aug 03, 2026 · 8 articles
Business
Indian Oil Corporation: Indian Oil Corporation is mentioned as a comparison point due to a past fire incident at its Paradip refinery, but it is not directly involved in this event.
Reliance Industries: Reliance Industries' Jamnagar refinery is referenced as a benchmark for refinery complexity, but it is not directly involved in this event.
Jun 18, 2026 · 6 articles
International
Indian Oil Corporation: Indian Oil Corporation, India's largest refiner, bought 2 million barrels of Iranian oil, its first purchase in seven years, and settled the payment through ICICI Bank using China — Renminbi. It does not plan further Iranian oil purchases.
Apr 17, 2026 · 9 articles
Business
Indian Oil Corporation: Indian Oil Corporation posted a healthy net profit in the March quarter, contributing to the performance of Central Public Sector Enterprises.
May 24, 2026 · 8 articles
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