HPCL Faces Corrosion Issues, Imports Fuel for November

HPCL Faces Corrosion Issues, Imports Fuel for November

India’s Hindustan Petroleum Corporation Limited (HPCL) is looking to import fuel in early November under a rare import tender, after the state-controlled refiner was forced to close a gasoline-producing unit at its Mumbai refinery due to a contamination issue, sources with knowledge of the tender told Reuters on Tuesday.  HPCL on Monday said its Mumbai refinery, one of the two large refineries the company operates in India, faced “operational is…

East India Drums Hits Upper Circuit After Executing Steel Drum Supply Contract with HPCL

Mumbai, October 29 (Udaipur Kiran): Shares of East India Drums and Barrels Manufacturing hit the upper circuit limit of ₹106.55, rising 4.98%, after the company announced the successful execution of a contract with Hindustan Petroleum Corporation Limited (HPCL) for the supply of steel drums. The stock opened and remained locked at ₹106.55 throughout the session, marking an increase of ₹5.05 from its previous close of ₹101.50 on the BSE. A total …

Sources say HPCL has floated fuel import tenders following disruptions at its Mumbai refinery - India Seatrade News

Hindustan Petroleum issued two rare tenders to import transport fuels for early November delivery, two sources familiar with the matter said on Tuesday, after the company shut one of its processing units due to feedstock contamination. Chairman Vikas Kaushal said on Tuesday HPCL had closed its gasoline-producing continuous catalytic reformer during the processing of contaminated oil that it had sourced from Hindustan Oil Exploration Company. HOE…