"We can process Venezuelan crude if made available": IOCL Chairman

Jan 21, 2026

Chairman of Indian Oil Corporation Ltd (IOCL), A S Sahney, said that Indian refineries are "robust" and can process Venezuelan crude if it becomes...

India could cut fuel import bill by USD 3 billion by switching to Venezuelan crude: SBI Report

Feb 04, 2026

India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing...

India is a refining superpower, can process Venezuelan oil: Marco Rubio

Oct 20, 2026

US Secretary of State Marco Rubio described India as a refining superpower, highlighting its ability to process Venezuelan crude oil. He said the US...

US to "selectively" roll back sanctions to sell Venezuelan crude, announces energy deal

Jan 07, 2026

he United States on Wednesday announced a major energy initiative with Venezuela following its military operations last week, rolling back select sanctions to market...

US to discuss hurdles, opportunities for Reliance in refining Venezuelan oil: Rubio

Oct 20, 2026

US Secretary of State Marco Rubio on Tuesday said Washington will discuss potential hurdles and opportunities with Reliance Industries regarding Venezuelan oil, highlighting the...

Rubio lands in Jamnagar to visit Reliance refinery, hints at discussions around company's Venezuelan crude imports

Oct 21, 2026

US Secretary of State Marco Rubio landed in Jamnagar, Gujarat, on Wednesday to visit Reliance Industries' oil refinery, with discussions expected to focus on...