The present research paper focuses on the use of Nano additive refrigerants in vapor compression refrigeration system (VCRS) because of their amazing development during Thermo Physical along with heat transfer potential to improve the coefficient of performance (COP) and reliability of refrigeration system. Furthermore, challenges and future instructions of performance enhancement of VCRS using Nano additive refrigerants were presented. Lubricant oil is essential in the entire vapour compression refrigeration systems, mostly for the efficient function of the compressor. But, some assign of the oil is entire the cycle oil circulates with the refrigerant. Presently, an assortment of investigation is going on in the field of the Nano-particles like metals, oxides, carbon Nano-tubes or carbides. Nano-lubricants are unique type of Nano-fluids which are varieties of Nano-particles, lubricants and have a wide variety in the fields of refrigeration systems. This paper, has been done on the application of Nano-particles balanced in lubricating oils of refrigerating systems are reviewed. The aim of this investigation is to study and find which type of lubricant oil works better with Nano-particles in the area of refrigeration. From the review of literature, it has been observed that Nano-particles mixed with mineral oil gives enhanced results than polyolester (POE) oil. © Published under licence by IOP Publishing Ltd.