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HPCL, MRPL Seek Up to 6 Million Barrels of Crude Oil

By Uniquetimesorg August 12, 2026 0

India’s state-run refiners Hindustan Petroleum Corp (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL) are seeking up to a combined 6 million barrels of crude oil through spot tenders, according to documents reviewed by Reuters. The purchases come amid continued uncertainty in global oil shipping routes. HPCL is looking to import up to 4 million […]Continue Reading

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Indian Refiners Secure Middle East, African Crude

By Uniquetimesorg August 5, 2026 0

Indian refiners have increased crude oil purchases from the Middle East and West Africa, with Mangalore Refinery and Petrochemicals Ltd (MRPL) buying one million barrels of Oman crude through a tender, according to trade sources. The cargo was reportedly purchased at a premium of around $3 per barrel over the dated Brent benchmark. State-run Indian […]Continue Reading

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ONGC to Reserve Half of New Oil Storage for Strategic Needs

By Uniquetimesorg August 3, 2026 0

India’s Oil and Natural Gas Corporation (ONGC) will allocate half of its planned 1.75 million metric tonne oil storage facility at Mangaluru for the country’s strategic petroleum reserves. The move is part of India’s broader effort to strengthen energy security and expand its emergency crude oil storage capacity through public and private participation. Continue Reading

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Indian Refiners Secure Oil Supplies Amid Iran Conflict

By Uniquetimesorg June 11, 2026 0

Indian refiners have secured sufficient crude oil supplies through at least August despite disruptions linked to the Iran conflict. To strengthen energy security, refiners have increased purchases from Abu Dhabi National Oil Company (ADNOC) and other global suppliers in recent weeks. Industry sources said Indian companies have also built up liquefied petroleum gas (LPG) Continue Reading