IndiaCatalog.com
India News
Search Web Directory
News Home
HPCL buys 120,000 tonnes petrol for Sept-Oct delivery; still seeking more
Posted on 27th August 2019
Hindustan Petroleum Corp Ltd is seeking more petrol after having purchased more than 120,000 tonnes of the fuel for September to early October delivery from the spot market to plug a supply gap, industry sources said on Tuesday.

The state-owned refiner has been actively seeking petrol from the spot market this year as Indian refiners undergo maintenance and upgradation to produce cleaner fuels.

HPCL recently bought the cargoes for September to early October arrival at Visakhapatnam (Vizag) and Mundra from BP, Emirates National Oil Co and Trafigura, but the premiums were not immediately available.

This however could not be confirmed as the buyer and its sellers do not typically comment on their deals.

HPCL's latest tender is for 30,000 tonnes of gasoline scheduled for Oct. 5-8 arrival at Vizag and offers are to be submitted by Aug. 28.

It is not the only Indian refiner looking to import gasoline. Bharat Petroleum Corp Ltd and Indian Oil Corp have also been seeking the fuel.

This has pushed India's petrol imports in July to the highest in at least 8 years, official data showed.

But India's petrol exports were at a two-month high of 1.16 million tonnes in July, or about 16% below May's export volumes when they were at a two-year high, the data showed.

August data will be available next month.

Related Companies: Hindustan Petroleum Corporation Ltd.(HPCL)   

Other Latest News
Toyota to hike price of Camry Hybrid & Vellfire models from next month
Posted on 6th June 2020
Toyota Kirloskar Motor (TKM) on Friday announced it would increase the price of Camry Hybrid Electric Vehicle and The Vellfire with effect from next month.

It has been necessitated due to the substantial rise in exchange rate, the company said in a statement.

Eight countries, including India, ask UN Human Rights Commissioner to be responsible amid COVID-19 crisis
Posted on 6th June 2020
Eight countriesm led by India and Indonesia, have written to the Office of the High Commissioner of Human Rights (OHCHR) under the United Nations, asking it to play a responsible role amidst the ongoing coronavirus disease (COVID-19) crisis around the world.

The joint letter was written by the permanent missions of India, Indonesia, Cambodia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam in Geneva to the OHCHR after the latter issued a release entitled Asia: Bachelet alarmed by clampdown on freedom of expression during COVID-19.

Senior Indian, Chinese diplomats hold talks ahead of Lt General-level dialogue to end LAC standoff
Posted on 6th June 2020
Senior diplomats from China and India on Friday held a video conference to discuss the border standoff ahead of the Lt General-level talks scheduled on Saturday.

In a Video Conference between Naveen Srivastava, Joint Secretary (East Asia) and Mr Wu Jianghao, Director General in the Chinese Ministry of Foreign Affairs, the two sides reviewed the state of bilateral relations including the current developments, the Ministry of External Affairs said in a statement.

NHRC plea to intervene on migrants case allowed by SC, suggests 'short term and long term measures' to deal with crisis
Posted on 6th June 2020
The Supreme Court on Friday allowed the National Human Rights Commission (NHRC) to intervene in the case related to plight and miseries of stranded migrant workers due to the coronavirus-enforced nationwide lockdown.

The NHRC, in its intervention plea filed through Deputy Registrar Sunil Arora, gave short term and long term measures for consideration of the apex court in order to alleviate the plight of the migrant workers and to ensure that their human rights are not violated.

From special mention in 'Mann Ki Baat' to recognition by UN body: Madurai girl’s philanthropy is winning hearts
Posted on 6th June 2020
Mahandoss, who owns a salon in Tamil Nadu’s temple town Madurai says that he or his family didn’t expect any recognition or rewards when they donated a large part of their savings to help the needy during the coronavirus-enforced lockdown.

His deed, which was inspired by his 13-year old daughter’s concern for the poor and needy was first lauded by India’s Prime Minister Narendra Modi in the radio address Mann Ki Baat.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for HPCL buys 120,000 tonnes petrol for Sept-Oct delivery; still seeking more
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for HPCL buys 120,000 tonnes petrol for Sept-Oct delivery; still seeking more

Most Read News

COVID-19 tally in India crosses 1.73 lakh-mark, nearly 5,000 deaths; highest spike of 7,964 cases in 24 hours

Maharashtra to announce Covid-19 relief package soon: Deputy CM Ajit Pawar

Coronavirus Outbreak: In highest spike yet, India's COVID-19 tally crosses 1.90 lakh cases; 5,394 deaths

Railways running 'Corona Express' in name of Shramik trains, says Mamata

Govt is looking at starting home delivery of petrol, CNG: Pradhan

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2020 IndiaCatalog.com
    All Rights Reserved
Privacy Statement