Reliance Begins Direct Venezuelan Oil Cargo Loading

Reliance Industries has started loading a 2-million-barrel cargo of heavy crude from Venezuela. The direct purchase from PDVSA was confirmed on Monday.

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A unit of India's primary refiner, RELIANCE INDUSTRIES LTD, has commenced the loading of a 2-million-barrel cargo of heavy crude oil. This shipment was purchased directly from the state-run energy firm PDVSA in Venezuela, according to company documents and shipping data.

PDVSA fuel tank trucks are stationed at the Puerto La Cruz oil refinery in Venezuela, captured in January 2026. REUTERS/Stringer/File Photo
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