India’s HPCL seeks June sweet crude
India’s state-run refiner Hindustan Petroleum Corp (HPCL) has issued its regular monthly tender to import sweet crude oil for June loading, trader sources said on Thursday. For full story, click here
Articles Tagged "hpcl"
HPCL and MRPL nominated for Cairn’s initial production
State-run Hindustan Petroleum Corporation Ltd and Mangalore Refineries, a subsidiary of government-owned ONGC have been nominated by the petroleum ministry for purchase of the early production of crude oil by Cairn India, a subsidiary of UK based explorer Cairn Energy Plc. For full story, click here
Oil Price Drops on Job Losses
The United States government statement that U.S. employers had slashed over a half million jobs in January, the highest yet in 35 years, lead to crude oil prices dropping just below $41 a barrel, way below the high of $147 a barrel last summer. There is a link between layoffs and the demand on oil, say analysts, as those laid off see no need for the daily commute, and buy less of petroleum products like toys and raincoats.
Bharat Petroleum outlets to offer money transfer services
State-run Bharat Petroleum said it has entered into an agreement with Airwings Services, part of MoneyGram International, to offer international money transfer service in select retail outlets. For full story, click here
HPCL-Mittal Energy promoted refinery at Bathinda to start by 2011
The Rs. 18,900 crore Guru Gobind Singh Refineries Ltd, being commissioned at Bathinda by a HPCL-Mittal Energy Ltd JV, is expected to be operational by February, 2011 instead of 2012. For full story, click here
