10 articles
Indian equities are set to rebound following a three-session decline, though volatility persists due to soaring Brent crude prices driven by Middle East tensions. Oil marketer HPCL saw quarterly profi
India's HPCL purchased two million barrels of Nigerian crude from Glencore for its Rajasthan refinery, with deliveries scheduled for late September.
Indian Oil Corporation reported its first quarterly loss in 15 quarters, posting a net loss of ₹26.61 billion as elevated crude oil prices and weak fuel demand squeezed margins. Competitors BPCL and H
India's HPCL invited LNG suppliers for spot and long-term deals, targeting up to 1 million tons annually for 10 to 15 years. This initiative supports India's goal to increase natural gas share in its
India naphtha spot premiums hit multi-month highs due to Middle East and Russian supply tightness linked to geopolitical tensions. Refiners BPCL and HPCL secured significantly higher bids, raising cos
Swiggy and HPCL will pilot doorstep LPG delivery via Instamart in Bengaluru, offering 5kg and 10kg cylinders without requiring existing connections. This move addresses supply concerns in India's seco
Indian Oil Corp and HPCL purchased approximately 7 million barrels of crude oil via tenders last week, with deliveries scheduled between August and September. The cargoes include specific grades from
Indian refiners secured sufficient crude and LPG supplies through August by increasing purchases from UAE and other sources, mitigating disruptions from the ongoing Iran conflict. State-run HPCL notab
India's HPCL purchased two million barrels of Oman crude from Vitol for July delivery at a discount to June Brent prices, according to traders.
India's Cabinet Committee approved a $8.5 billion cost revision for HPCL's Rajasthan integrated refinery and petrochemical complex. The facility will process 9 million tons of crude annually and produ
ChemBrief