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OMCs may make healthy margins in Q3 too as crude seen range-bound financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Hindustan Petroleum Corporation Ltd (HPCL) is set to discontinue its practice of purchasing diesel from companies like Reliance Industries Ltd and Nayara Energy once it completes the expansion of its Visakhapatnam refinery in Andhra Pradesh and constructs a new refinery in Rajasthan in the next financial year. This move reflects the company s commitment to boosting its oil refining capacity and ensuring self-reliance in the production of petrol and diesel. ....
HPCL, which had previously missed on the gas bus when unlike fellow state oil firms it did not participate in Petronet LNG, has commissioned a 5 million tonnes a year at Chhara in Gujarat. ....