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Reliance share price gains as Donald Trump announces $300 billion US oil refinery project backed by RIL
Reliance share price has fallen over 10% on a year-to-date (YTD) basis, while the stock has gained over 1% in six months. Reliance shares rallied 12% in one year and have gained 31% in three years.
RIL shares rise 2% as Trump announces $300 billion US refinery project with Ambani backing
Reliance Industries shares gained 2% after U.S. President Donald Trump announced the company would partner in developing a $300 billion oil refinery in Brownsville, Texas. Trump described the project as the "biggest in U.S. history," aiming to boost American energy production and create thousands of jobs. Reliance Industries has not yet confirmed the statement.
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday - Mint
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on WednesdayMint
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday
Stock market today: The Indian stock market is expected to open lower on Wednesday, tracking mixed global cues amid caution surrounding the US-Iran conflict.
Reliance to invest in first new US oil refinery in 50 years, says Trump; calls $300 billion Texas project ‘historic deal’
Reliance Industries will partner with America First Refining to build the first new U.S. oil refinery in 50 years. The $300 billion project, planned for Brownsville, Texas, is hailed as the largest in U.S. history and a significant boost for American energy production.
Reliance Industries to divert natgas to priority sectors, hike LPG production
The company said it was maximising LPG output from its refining and petrochemicals complexes at Jamnagar Refinery - the world's largest integrated refining hub - to maintain stable domestic supplies.
Vedanta chairman Anil Agarwal pushes for unlocking domestic natural resource potential amid West Asia crisis
Highlighting how global conflicts can directly impact countries dependent on imports, Agarwal said India must reduce its reliance on overseas resources and build self-sufficiency by enabling domestic production.
Reliance taking 'proactive steps' to optimise refinery operations to keep domestic LPG supply stable
The company shared a statement on Tuesday in which it said that it has been working in close proximity with the government in this regard and will be remaining complaint with all guidelines as well as priorities in allocation as per the government.
Reliance Industries to ramp up LPG output at Jamnagar, divert KG-D6 gas to priority sectors amid energy volatility
Reliance to boost LPG production at Jamnagar and divert KG-D6 Basin gas to priority sectors to support India’s energy security amid global market volatility.
Reliance says will maximise LPG production at refinery, divert D6 gas to priority sector
Reliance Industries' announcement came after the government redirected supplies of liquefied petroleum gas (LNG) away from industrial users to households, in a bid to shield the common man from the impact of the war in the Middle East. It has also ordered refineries to maximise LPG production to help meet domestic demand.
India snaps up 30 million barrels of Russian oil after US waiver
Indian refiners, including Indian Oil Corp. and Reliance Industries Ltd., have bought 30 million barrels of Russian oil after the US allowed purchases to address Middle Eastern supply shortfalls.
RIL, ONGC and other oil stocks fall up to 3% as crude logs sharpest intraday reversal
Indian oil stocks like Reliance, ONGC, and Oil India saw significant drops as Brent crude plummeted over $20 from its peak, falling below $90. This sharp decline followed US President Trump's optimistic comments about a swift resolution to the Iran conflict, easing supply disruption fears. The market reacted to potential impacts on India's import bill and inflation.