The government has nominated Indian Oil Corp, Hindustan Petroleum Corp. and Mangalore Refinery and Petrochemicals for purchasing crude oil from Cairn India’s Rajasthan fields. For full story, click here
India’s state-run Hindustan Petroleum Corp has purchased via tender a cargo of Brunei’s Seria Light crude for September loading. For full story, click here
Hindustan Petroleum Corp. has purchased 1 million barrels of Nigerian Escravos crude oil for August loading via its regular monthly tender. For full story, click here
State-run Hindustan Petroleum Corp. declared that it has issued its regular monthly tender to import sweet crude oil for August loading. For full story, click here
Hindustan Petroleum Corporation Ltd. declared a net profit of Rs 5,104.04 crore in the fourth quarter of 2008-09 on the back of good refining margin and the government issuing large oil bonds to cover for fuel losses. For full story, click here
A consortium of Oilex of Australia, Videocon Industries, Gas Authority of India, Bharat Petro Resources and Hindustan Petroleum are re-evaluating their commitment to exploration block no 56 in Oman, which it won in 2006 from the Sultanate of Oman for around Rs 220 crore. For full story, click here
India’s Hindustan Petroleum Corp. has purchased one cargo of Nigerian Escravos crude oil late last week via its regular monthly tender for sweet crude. For full story, click here
Hindustan Unilever Ltd., India’s leading household products maker, posted a 3.7 percent rise in profit in the March quarter, missing estimates after a one- time charge for retirement benefits and restructuring. For full story, click here
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