IOC & HPCL Purchases 2 Million Barrels of Venezuelan Oil
Indian refineries, including Indian Oil Corp. and Hindustan Petroleum Corp., have purchased 2 million barrels of Merey crude from Venezuela for delivery in the second half of April. The crude will be carried on a very large crude carrier, with IOC taking about 1.5 million barrels and HPCL about 500,000 barrels, and is scheduled to…
ONGC Gets Director On HPCL Board After 5 Months
After five months, Oil & Natural Gas Corporation (ONGC) has finally appointed a director on HPCL (Hindustan Petroleum Corporation Ltd.) The Ministry of Petroleum and Natural Gas on June 22, conveyed its consent for Pankaj Kumar as director, according to the regulatory filings by HPCL. For the five months, ONGC had no representatives on the…