Mangalore Refinery and Petrochemicals Limited & Reliance Industries

Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited Ltd also halted or cut imports of Russian oil in response to the U.S. sanctions.

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.

Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited, a standalone refiner, is expected to be significantly hit by the discounted refinery transfer prices, leading to a sharper margin squeeze due to its limited retail presence.

Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited has resumed buying Russian oil after avoiding it since December, due to the US waiver and supply disruptions.

Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited Ltd has halted imports of Russian oil due to new US sanctions.

Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited is a major Indian refiner that has the complexity needed to efficiently run Venezuelan crude grades.