HPCL
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SINGAPORE, Aug 18 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Mumbai | 33KT | Sep 5-7 | Closing Aug 19 |
India/BPCL * | S: HSFO | Mumbai | 28.5KT | Sep 5-6 | Closing Aug 18 |
(further updates recent tenders)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL | S: HSFO | Mumbai | 33KT | Sep 11-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Sep 5-10 | E3 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 30-Sep 1; Sep 5-7 | Trafigura |
India/HPCL | S: HSFO | Vizag | 33KT | Aug 29-31 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Aug 29-31 | - |
India/BPCL | S: HSFO | Mumbai | 28.5KT | Aug 24-25 | Trafigura |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Aug 21-23 | - |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KBx2 | Aug 21-22; Aug 30-31 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: Residual fuel | Lekki | 130KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 18 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Mumbai | 33KT | Sep 5-7 | Closing Aug 19 |
India/BPCL * | S: HSFO | Mumbai | 28.5KT | Sep 5-6 | Closing Aug 18 |
(further updates recent tenders)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL | S: HSFO | Mumbai | 33KT | Sep 11-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Sep 5-10 | E3 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 30-Sep 1; Sep 5-7 | Trafigura |
India/HPCL | S: HSFO | Vizag | 33KT | Aug 29-31 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Aug 29-31 | - |
India/BPCL | S: HSFO | Mumbai | 28.5KT | Aug 24-25 | Trafigura |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Aug 21-23 | - |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KBx2 | Aug 21-22; Aug 30-31 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: Residual fuel | Lekki | 130KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 17 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS |
|
|
|
|
|
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Mumbai | 33KT | September 11-13 | Closing August 18 |
(further updates recent tenders)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) |
|
|
|
| |
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/IOC | S: HSFO | Chennai | 27.5KT | September 5-7 | E3 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | August 30-September 1; September 5-7 | Trafigura |
India/HPCL | S: HSFO | Vizag | 33KT | August 29-31 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | August 29-31 | - |
Thailand/PTT | S: HSFO | Sriracha | 25KT | August 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | August 22-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | August 21-23 | - |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KBx2 | August 21-22; August 30-31 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | August 19-21 | Pertamina |
Nigeria/Dangote | S: Residual fuel | Lekki | 130KT | August 18-20 | - |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | August 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | August 18-20; August 24-26 | Trafigura (August 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | August 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | August 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | August 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | August 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | August 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | August 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | August 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | August 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | August 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | August 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | August 2-3; August 7-8; August 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | August 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | July 31-August 2; August 6-8; August 12-14 | E3 (July 31-August 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | July 31-August 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | July 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | July 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | July 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | July 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | July 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | July 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | July 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | July 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | July 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | July 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | July 19-21; July 25-27 | E3 (July 19-21); Trafigura (July 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | July 13-17; July 27-31 | Trafigura (July 13-17); Shell (July 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | July 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | July 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | July 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | July 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | July 10-11; July 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | July 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | July 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | July 7-9; July 12-14; July 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | July 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | July 6-8; July 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | July 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | July 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | July 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | July 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | July 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 17 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS |
|
|
|
|
|
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Mumbai | 33KT | September 11-13 | Closing August 18 |
(further updates recent tenders)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) |
|
|
|
| |
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/IOC | S: HSFO | Chennai | 27.5KT | September 5-7 | E3 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | August 30-September 1; September 5-7 | Trafigura |
India/HPCL | S: HSFO | Vizag | 33KT | August 29-31 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | August 29-31 | - |
Thailand/PTT | S: HSFO | Sriracha | 25KT | August 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | August 22-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | August 21-23 | - |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KBx2 | August 21-22; August 30-31 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | August 19-21 | Pertamina |
Nigeria/Dangote | S: Residual fuel | Lekki | 130KT | August 18-20 | - |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | August 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | August 18-20; August 24-26 | Trafigura (August 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | August 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | August 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | August 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | August 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | August 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | August 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | August 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | August 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | August 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | August 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | August 2-3; August 7-8; August 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | August 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | July 31-August 2; August 6-8; August 12-14 | E3 (July 31-August 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | July 31-August 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | July 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | July 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | July 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | July 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | July 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | July 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | July 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | July 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | July 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | July 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | July 19-21; July 25-27 | E3 (July 19-21); Trafigura (July 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | July 13-17; July 27-31 | Trafigura (July 13-17); Shell (July 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | July 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | July 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | July 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | July 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | July 10-11; July 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | July 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | July 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | July 7-9; July 12-14; July 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | July 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | July 6-8; July 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | July 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | July 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | July 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | July 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | July 1-31 | - |
(Reporting by Jeslyn Lerh)
Adds details, background in paragraphs 4-5
Aug 14 (Reuters) - India has lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel with effect from Saturday, according to a government order.
The duty on diesel exports has been cut to 24 Indian rupees ($0.2515) per litre from 25.5 rupees, while petrol duty has been set at zero rupees per litre, down from 3.5 rupees, the government order showed.
The tax on aviation turbine fuel has been set at 19.5 rupees per litre from 22 rupees earlier.
India first imposed windfall taxes in July 2022 to capture extraordinary gains from soaring oil prices and scrapped it two years later. The levy was reintroduced in March 2026 after oil prices surged during the U.S.-Israeli war on Iran.
India currently revises the export levies every fortnight, based on international prices of crude oil and petroleum products.
($1 = 95.4400 Indian rupees)
(Reporting by Nikunj Ohri and Kanjyik Ghosh; Editing by Mark Porter and Chizu Nomiyama )
Adds details, background in paragraphs 4-5
Aug 14 (Reuters) - India has lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel with effect from Saturday, according to a government order.
The duty on diesel exports has been cut to 24 Indian rupees ($0.2515) per litre from 25.5 rupees, while petrol duty has been set at zero rupees per litre, down from 3.5 rupees, the government order showed.
The tax on aviation turbine fuel has been set at 19.5 rupees per litre from 22 rupees earlier.
India first imposed windfall taxes in July 2022 to capture extraordinary gains from soaring oil prices and scrapped it two years later. The levy was reintroduced in March 2026 after oil prices surged during the U.S.-Israeli war on Iran.
India currently revises the export levies every fortnight, based on international prices of crude oil and petroleum products.
($1 = 95.4400 Indian rupees)
(Reporting by Nikunj Ohri and Kanjyik Ghosh; Editing by Mark Porter and Chizu Nomiyama )
Adds price information; paragraph 4
SINGAPORE/NEW DELHI, Aug 13 (Reuters) - India's state-run refiner Hindustan Petroleum Corp HPCL.NS bought 4 million barrels of Middle Eastern crude through a spot tender, multiple trade sources said on Thursday.
The refiner purchased 2 million barrels of Murban crude from BP BP.L, another 1 million barrels of Murban from PetroChina and 1 million barrels of Oman crude from Trafigura, they said.
Both grades are loaded and exported from outside the Strait of Hormuz.
The price for Murban delivered was about $7 per barrel above the dated Brent contract, while that for Oman delivered was about $4 to $5 per barrel, two of the people said.
The oil will arrive around early October.
The companies typically do not comment on commercial transactions.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Additional reporting from Seher Dareen in London; Editing by Jamie Freed)
Adds price information; paragraph 4
SINGAPORE/NEW DELHI, Aug 13 (Reuters) - India's state-run refiner Hindustan Petroleum Corp HPCL.NS bought 4 million barrels of Middle Eastern crude through a spot tender, multiple trade sources said on Thursday.
The refiner purchased 2 million barrels of Murban crude from BP BP.L, another 1 million barrels of Murban from PetroChina and 1 million barrels of Oman crude from Trafigura, they said.
Both grades are loaded and exported from outside the Strait of Hormuz.
The price for Murban delivered was about $7 per barrel above the dated Brent contract, while that for Oman delivered was about $4 to $5 per barrel, two of the people said.
The oil will arrive around early October.
The companies typically do not comment on commercial transactions.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Additional reporting from Seher Dareen in London; Editing by Jamie Freed)
SINGAPORE/NEW DELHI, Aug 12 (Reuters) - India's state-run refiners Hindustan Petroleum Corp HPCL.NS and Mangalore Refinery and Petrochemicals Ltd MRPL.NS are seeking up to a combined 6 million barrels of oil through spot tenders, documents show.
HPCL plans to import up to four million barrels of crude for delivery in September and October, and MRPL is seeing up to 2 million barrels for October 10-20, the documents show.
MRPL is asking its suppliers to avoid using the Red Sea and the Strait of Hormuz, its tender document shows.
Shipping traffic through the Strait of Hormuz remained low this week amid continued hostilities in the Middle East.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Editing by Tom Hogue)
SINGAPORE/NEW DELHI, Aug 12 (Reuters) - India's state-run refiners Hindustan Petroleum Corp HPCL.NS and Mangalore Refinery and Petrochemicals Ltd MRPL.NS are seeking up to a combined 6 million barrels of oil through spot tenders, documents show.
HPCL plans to import up to four million barrels of crude for delivery in September and October, and MRPL is seeing up to 2 million barrels for October 10-20, the documents show.
MRPL is asking its suppliers to avoid using the Red Sea and the Strait of Hormuz, its tender document shows.
Shipping traffic through the Strait of Hormuz remained low this week amid continued hostilities in the Middle East.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Editing by Tom Hogue)
SINGAPORE, Aug 11 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Vizag | 33KT | Aug 29-31 | Closing Aug 11 |
(further updates recent tenders closed)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Aug 29-31 | - |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 11 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Vizag | 33KT | Aug 29-31 | Closing Aug 11 |
(further updates recent tenders closed)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Aug 29-31 | - |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug 15-19 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
India/BPCL | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | E3 |
Malaysia/PRefChem | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 12-13 | Pertamina |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
Aug 10 (Reuters) - Kotyark Industries Ltd KOTY.NS:
KOTYARK INDUSTRIES - RECEIVES CONTRACT FOR SUPPLY OF BIODIESEL FROM JUNE TO AUGUST 2026
KOTYARK INDUSTRIES - RECEIVED TOTAL ALLOCATION OF 1.73 BILLION RUPEES, AGAINST CONTRACT VALUE OF 13.98 BILLION RUPEES
Source text: ID:nBSEcdv5yq
Further company coverage: KOTY.NS
(([email protected];))
Aug 10 (Reuters) - Kotyark Industries Ltd KOTY.NS:
KOTYARK INDUSTRIES - RECEIVES CONTRACT FOR SUPPLY OF BIODIESEL FROM JUNE TO AUGUST 2026
KOTYARK INDUSTRIES - RECEIVED TOTAL ALLOCATION OF 1.73 BILLION RUPEES, AGAINST CONTRACT VALUE OF 13.98 BILLION RUPEES
Source text: ID:nBSEcdv5yq
Further company coverage: KOTY.NS
(([email protected];))
Aug 7 (Reuters) - India's state-run fuel retailers said on Friday that nationwide testing of E20 petrol found no evidence to support claims of high chloride contamination or moisture and that fuel quality remained within prescribed limits, according to a joint statement.
More than 100 petrol samples from refineries showed chloride levels at or below one part per million (ppm), while ethanol samples from 80 distilleries recorded chloride content below 3 ppm, HPCL HPCL.NS, BPCL BPCL.NS and Indian Oil IOC.NS said.
Here are more details:
• The clarification comes amid concerns about India's nationwide roll out of E20 petrol, which contains 20% ethanol, a plant-derived alcohol mixed into petrol to reduce dependence on imported crude oil.
• More than 80 E20 samples collected from depots and terminals nationwide also showed chloride levels below 3 ppm, the statement said.
• The oil marketing companies said inspections of underground storage tanks at about 90,000 fuel stations found no water ingress, and urged consumers to continue using E20 petrol with confidence.
• The transition has drawn criticism from some consumers, who say the higher ethanol blend affects fuel efficiency and vehicle performance, particularly in older vehicles not designed for the fuel type.
(Reporting by Urvi Dugar in Bengaluru; Editing by Tasim Zahid)
(([email protected]; +91 9558725583;))
Aug 7 (Reuters) - India's state-run fuel retailers said on Friday that nationwide testing of E20 petrol found no evidence to support claims of high chloride contamination or moisture and that fuel quality remained within prescribed limits, according to a joint statement.
More than 100 petrol samples from refineries showed chloride levels at or below one part per million (ppm), while ethanol samples from 80 distilleries recorded chloride content below 3 ppm, HPCL HPCL.NS, BPCL BPCL.NS and Indian Oil IOC.NS said.
Here are more details:
• The clarification comes amid concerns about India's nationwide roll out of E20 petrol, which contains 20% ethanol, a plant-derived alcohol mixed into petrol to reduce dependence on imported crude oil.
• More than 80 E20 samples collected from depots and terminals nationwide also showed chloride levels below 3 ppm, the statement said.
• The oil marketing companies said inspections of underground storage tanks at about 90,000 fuel stations found no water ingress, and urged consumers to continue using E20 petrol with confidence.
• The transition has drawn criticism from some consumers, who say the higher ethanol blend affects fuel efficiency and vehicle performance, particularly in older vehicles not designed for the fuel type.
(Reporting by Urvi Dugar in Bengaluru; Editing by Tasim Zahid)
(([email protected]; +91 9558725583;))
.
LONDON, Aug 6 (Reuters) - India's Hindustan Petroleum (HPCL) bought West African crude for September in a tender, while a cargo of Qua Iboe traded in the spot market according to trade sources.
HPCL bought at least two million barrels of West African crude for September delivery, buying Forcados and Bonga from Shell, two traders said. A third trader said Shell also supplied HPCL a Bonny Light cargo. All of the cargoes were 1 million barrels each.
Indian refiners have been snapping up West African cargoes this week. IOC bought Congolese Djeno and Angolan Nemba, Saxi Batuque and Clov grades on Tuesday, while HPCL bought 2 million barrels of Nigeria's Okwuibome and Utapate crude for its Rajasthan refinery.
In the West African spot market, a cargo of Qua Iboe traded at dated Brent plus $5.50, a trade source said.
Bonny Light was on offer in the spot market at dated Brent plus $6.00 FOB, another trader told Reuters.
In upstream news, Nigeria's upstream oil regulator expects at least 22 offshore projects to start production by 2030, with potential investment of up to $50 billion, as Africa's top oil producer pushes to boost oil and gas output and attract new capital.
(Reporting by Robert Harvey; Editing by Joyjeet Das)
.
LONDON, Aug 6 (Reuters) - India's Hindustan Petroleum (HPCL) bought West African crude for September in a tender, while a cargo of Qua Iboe traded in the spot market according to trade sources.
HPCL bought at least two million barrels of West African crude for September delivery, buying Forcados and Bonga from Shell, two traders said. A third trader said Shell also supplied HPCL a Bonny Light cargo. All of the cargoes were 1 million barrels each.
Indian refiners have been snapping up West African cargoes this week. IOC bought Congolese Djeno and Angolan Nemba, Saxi Batuque and Clov grades on Tuesday, while HPCL bought 2 million barrels of Nigeria's Okwuibome and Utapate crude for its Rajasthan refinery.
In the West African spot market, a cargo of Qua Iboe traded at dated Brent plus $5.50, a trade source said.
Bonny Light was on offer in the spot market at dated Brent plus $6.00 FOB, another trader told Reuters.
In upstream news, Nigeria's upstream oil regulator expects at least 22 offshore projects to start production by 2030, with potential investment of up to $50 billion, as Africa's top oil producer pushes to boost oil and gas output and attract new capital.
(Reporting by Robert Harvey; Editing by Joyjeet Das)
SINGAPORE, Aug 4 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/BPCL * | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | Closing Aug 4 |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug | Closing Aug 3 (valid Aug 5) |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 4 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/BPCL * | S: HSFO | Mumbai | 27.5KT | Aug 15-16 | Closing Aug 4 |
Taiwan/CPC | S: Catalyst Fractionator Bottom | Keelung | 23KT | Aug | Closing Aug 3 (valid Aug 5) |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 3 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/CPC * | S: Catalyst Fractionator Bottom (CFB) | Keelung | 23KT | August | Closing Aug 3 (valid Aug 5) |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, Aug 3 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/CPC * | S: Catalyst Fractionator Bottom (CFB) | Keelung | 23KT | August | Closing Aug 3 (valid Aug 5) |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | Pertamina |
Nigeria/Dangote | S: CBFS | Lekki | 90KT | Aug 18-20 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Trafigura (Aug 24-26) |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | ATC |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Aug 6-10 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, July 29 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Malaysia/PRefChem * | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 6-7 | Closing Jul 30 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Closing Jul 29 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | Closing Jul 29 |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) |
|
|
|
| |
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
Pakistan/PRL | S: HSFO | Karachi | 37KT | Jun 28-30 | Trafigura |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Jun 27-29 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jun 27-29 | - |
Sri Lanka/Ceypetco | B: Fuel Oil (180cst) | Colombo | 30KT | Jun 27-28 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 23-25; Jun 29-Jul 1 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jun 22-26 | Shell |
Taiwan/CPC | S: CFB+LSFO | Taiwan | 30KT | Jun 19-23 | - |
Nigeria/Dangote | S: Fuel Oil+CBFS | Lekki | 130KT | Jun 18-19 | - |
Indonesia/Pertamina | S: Decant Oil | Balikpapan | 70KBx2 | Jun 16-17; Jun 26-27 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | Jun 12-13; Jun 16-17 | - |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 500KB | Jun 15-16 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jun 12-13 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 270KBx2 | Jun 10-14; Jun 25-29 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 10-12; Jun 17-19 | Trafigura (Jun 17-19) |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 300-500KB | Jun 8-9 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jun 6-7; Jun 25-26 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | Jun 4-6; Jun 12-14; Jun 18-20 (18KT); Jun 25-27 | - |
India/HPCL | S: HSFO | Vizag | 33KT | Jun 3-5 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 3-5 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 43KTx2 | Jun 1-7; Jun 8-14 | Mercuria (Jun 8-14) |
Mexico/PMI | S: HSFO | Singapore delivery | 150KT | Jun 1-8 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Jun 1-3 | Trafigura |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jun 1-2 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40-44KT | Jun 1-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 1-30 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, July 29 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Malaysia/PRefChem * | S: Atmospheric Residue (LSSR) | Pengerang | 500KB | Aug 6-7 | Closing Jul 30 |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Aug 18-20; Aug 24-26 | Closing Jul 29 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 15-17 | Closing Jul 29 |
RECENT TENDERS CLOSED (SORTED BY LAYCAN) |
|
|
|
| |
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Thailand/PTT | S: HSFO | Sriracha | 25KT | Aug 23-25 | Shell |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 11KT | Aug 22-26 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Aug 19-21 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 100KB | Aug 12-13 | - |
India/IOC | S: HSFO | Chennai | 27.5KT | Aug 10-14 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Aug 5-10 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 4-6 | E3 |
India/HPCL | S: HSFO | Mumbai | 33KT | Aug 2-3 | ATC |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Aug 2-3; Aug 7-8; Aug 17-18 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
India/HPCL | S: HSFO | Vizag | 33KTx3 | Jul 31-Aug 2; Aug 6-8; Aug 12-14 | E3 (Jul 31-Aug 2) |
Taiwan/Formosa | S: HSFO | Mailiao | 40KT | Jul 31-Aug 2 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 29-30 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 26-28 | Vitol |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jul 24-26 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 22-24 | - |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 21-22 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 20-22 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | E3 (Jul 19-21); Trafigura (Jul 25-27) |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | Jul 10-12 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
India/MRPL | S: MFO | New Mangalore | 30KT | Jul 9-10 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx3 | Jul 7-9; Jul 12-14; Jul 18-20 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
Pakistan/PRL | S: HSFO | Karachi | 37KT | Jun 28-30 | Trafigura |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Jun 27-29 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jun 27-29 | - |
Sri Lanka/Ceypetco | B: Fuel Oil (180cst) | Colombo | 30KT | Jun 27-28 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 23-25; Jun 29-Jul 1 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jun 22-26 | Shell |
Taiwan/CPC | S: CFB+LSFO | Taiwan | 30KT | Jun 19-23 | - |
Nigeria/Dangote | S: Fuel Oil+CBFS | Lekki | 130KT | Jun 18-19 | - |
Indonesia/Pertamina | S: Decant Oil | Balikpapan | 70KBx2 | Jun 16-17; Jun 26-27 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | Jun 12-13; Jun 16-17 | - |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 500KB | Jun 15-16 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jun 12-13 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 270KBx2 | Jun 10-14; Jun 25-29 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 10-12; Jun 17-19 | Trafigura (Jun 17-19) |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 300-500KB | Jun 8-9 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jun 6-7; Jun 25-26 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | Jun 4-6; Jun 12-14; Jun 18-20 (18KT); Jun 25-27 | - |
India/HPCL | S: HSFO | Vizag | 33KT | Jun 3-5 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 3-5 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 43KTx2 | Jun 1-7; Jun 8-14 | Mercuria (Jun 8-14) |
Mexico/PMI | S: HSFO | Singapore delivery | 150KT | Jun 1-8 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Jun 1-3 | Trafigura |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jun 1-2 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40-44KT | Jun 1-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 1-30 | - |
(Reporting by Jeslyn Lerh)
Indian retailers to issue LPG import tenders from the US in 2027
India to cut reliance on the Middle East, diversify LPG imports
Shift follows Hormuz disruption and supports U.S.-India trade talks
By Nidhi Verma
NEW DELHI, July 28 (Reuters) - India plans to buy up to a quarter of its liquefied petroleum gas imports from the United States in 2027, a move that would cut its reliance on the Middle East and support efforts to secure a trade deal with Washington, three sources with knowledge of the matter said.
New Delhi faced its worst LPG shortage earlier this year after the Iran war and closure of the Strait of Hormuz disrupted supplies. The government invoked emergency measures to divert petrochemical feedstocks from industry to households, which use LPG as cooking gas.
The world's third-biggest oil importer and consumer bought about 90% of its overall 21.85 million metric tons of LPG imports from the Middle East in 2025. Imports accounted for about 66% of India's LPG consumption, according to government data.
State refiners Indian Oil Corp IOC.NS, Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum HPCL.NS are expected to issue tenders within one to two months for U.S. LPG supplies in 2027, the sources said, adding a delegation from the companies is also likely to travel to the United States next month to discuss sourcing.
India's oil ministry and the three companies did not respond to a Reuters email seeking comment.
Higher U.S. energy purchases could help India narrow its trade surplus with Washington, a key demand from President Donald Trump, as New Delhi pushes to complete a long-awaited trade deal with Washington in the next three to four months.
India has pledged to increase U.S. energy purchases by $10 billion to $25 billion in the near future, and the two nations have agreed to target $500 billion in bilateral trade by 2030.
New Delhi has already accelerated spot purchases from the United States and other suppliers to offset reduced Middle East supplies. U.S. LPG imports topped 1 million tons in June for the first time and are likely to exceed India's initial 2026 annual-contract target of 2.2 million tons, the sources said.
Lower supplies from the Middle East curtailed India's LPG consumption to about 14.7 million tons in January-June 2026, down about 8% from a year earlier, while imports fell about 28% to about 7.5 million tons, provisional government data showed.R
This year India's LPG consumption is expected to decline to 30 million tons due to low supplies, one of the sources said.
But LPG imports could rise to about 20 million tons in 2027 as demand recovers to around 31 million tons, the source said.
"Diversification of LPG imports is being pursued to ensure supply security and mitigate risks arising from regional disruptions or geopolitical events," junior oil minister Suresh Gopi told lawmakers on Monday.
Middle East supply disruptions hit India's LPG imports and consumption https://reut.rs/4vOj0Dv
(Reporting by Nidhi Verma; Editing by Florence Tan and Saad Sayeed)
(([email protected]; X: @nidhi712;))
Indian retailers to issue LPG import tenders from the US in 2027
India to cut reliance on the Middle East, diversify LPG imports
Shift follows Hormuz disruption and supports U.S.-India trade talks
By Nidhi Verma
NEW DELHI, July 28 (Reuters) - India plans to buy up to a quarter of its liquefied petroleum gas imports from the United States in 2027, a move that would cut its reliance on the Middle East and support efforts to secure a trade deal with Washington, three sources with knowledge of the matter said.
New Delhi faced its worst LPG shortage earlier this year after the Iran war and closure of the Strait of Hormuz disrupted supplies. The government invoked emergency measures to divert petrochemical feedstocks from industry to households, which use LPG as cooking gas.
The world's third-biggest oil importer and consumer bought about 90% of its overall 21.85 million metric tons of LPG imports from the Middle East in 2025. Imports accounted for about 66% of India's LPG consumption, according to government data.
State refiners Indian Oil Corp IOC.NS, Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum HPCL.NS are expected to issue tenders within one to two months for U.S. LPG supplies in 2027, the sources said, adding a delegation from the companies is also likely to travel to the United States next month to discuss sourcing.
India's oil ministry and the three companies did not respond to a Reuters email seeking comment.
Higher U.S. energy purchases could help India narrow its trade surplus with Washington, a key demand from President Donald Trump, as New Delhi pushes to complete a long-awaited trade deal with Washington in the next three to four months.
India has pledged to increase U.S. energy purchases by $10 billion to $25 billion in the near future, and the two nations have agreed to target $500 billion in bilateral trade by 2030.
New Delhi has already accelerated spot purchases from the United States and other suppliers to offset reduced Middle East supplies. U.S. LPG imports topped 1 million tons in June for the first time and are likely to exceed India's initial 2026 annual-contract target of 2.2 million tons, the sources said.
Lower supplies from the Middle East curtailed India's LPG consumption to about 14.7 million tons in January-June 2026, down about 8% from a year earlier, while imports fell about 28% to about 7.5 million tons, provisional government data showed.R
This year India's LPG consumption is expected to decline to 30 million tons due to low supplies, one of the sources said.
But LPG imports could rise to about 20 million tons in 2027 as demand recovers to around 31 million tons, the source said.
"Diversification of LPG imports is being pursued to ensure supply security and mitigate risks arising from regional disruptions or geopolitical events," junior oil minister Suresh Gopi told lawmakers on Monday.
Middle East supply disruptions hit India's LPG imports and consumption https://reut.rs/4vOj0Dv
(Reporting by Nidhi Verma; Editing by Florence Tan and Saad Sayeed)
(([email protected]; X: @nidhi712;))
** Hindustan Petroleum Corp HPCL.NS falls as much as 4.7% to one-month low of 376.55 rupees
** Oil marketing company posts first quarterly loss since 2022 as crude prices soar
** Reports Q1 net loss of 115.26 billion rupees ($1.19 billion) vs profit of 43.71 billion rupees a year ago
** Citi says HPCL's Q1 losses significantly higher than anticipated, underperforms peer BPCL BPOCL.NS
** Morgan Stanley says HPCL's per barrel loss was $20, while that of BPCL was $8.4
** While the worst of Iran war-driven impact is likely behind, analysts expect further pressure in current quarter as renewed Middle East tensions push crude prices higher
** Brent crude futures LCOc1 up 32% so far in July to $96.5 per barrel
** HPCL rated "hold", on average, by 31 analysts, median PT 410 rupees
** YTD, HPCL down 22.7%
($1 = 96.5175 Indian rupees)
(Reporting by Vivek Kumar M)
(([email protected];))
** Hindustan Petroleum Corp HPCL.NS falls as much as 4.7% to one-month low of 376.55 rupees
** Oil marketing company posts first quarterly loss since 2022 as crude prices soar
** Reports Q1 net loss of 115.26 billion rupees ($1.19 billion) vs profit of 43.71 billion rupees a year ago
** Citi says HPCL's Q1 losses significantly higher than anticipated, underperforms peer BPCL BPOCL.NS
** Morgan Stanley says HPCL's per barrel loss was $20, while that of BPCL was $8.4
** While the worst of Iran war-driven impact is likely behind, analysts expect further pressure in current quarter as renewed Middle East tensions push crude prices higher
** Brent crude futures LCOc1 up 32% so far in July to $96.5 per barrel
** HPCL rated "hold", on average, by 31 analysts, median PT 410 rupees
** YTD, HPCL down 22.7%
($1 = 96.5175 Indian rupees)
(Reporting by Vivek Kumar M)
(([email protected];))
July 22 (Reuters) - India's Hindustan Petroleum Corp (HPCL) HPCL.NS on Wednesday reported a quarterly loss for the first time since the three months ended September 2022 as a sharp spike in crude prices weighed on profitability.
Here are details from the state-run company's earnings report:
The state-run refiner posted a net loss of 115.26 billion rupees ($1.19 billion) for the first quarter, against a profit of 43.71 billion rupees a year ago.
Average global Brent crude oil prices LCOc1 were about 45% higher than in the year-ago quarter due to the Middle East conflict, dragging marketing margins of oil marketing companies as they were forced to sell fuel below cost.
Marketing margins on petrol and diesel averaged negative 10.6 rupees/litre and negative 18.4 rupees per litre during the quarter, according to analysts at Jefferies.
HPCL's total expenses jumped 42.7% to 1.64 trillion rupees, with cost of raw materials consumed surging 74%.
Fuel demand weakened in India, the world's third-largest importer and consumer of oil, with consumption declining 4.6%, 6.5%, and 3.1% year-on-year in April, May, and June, respectively.
The firm's sale of products rose about 21% to 1.45 trillion rupees, helped by a compensation worth 19.80 billion rupees from the government for losses in the liquefied petroleum gas segment.
Earlier in the day, peer BPCL BPCL.NS also reported its first quarterly loss in 15 on higher crude costs.
($1 = 96.5650 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Harikrishnan Nair and Janane Venkatraman)
(([email protected]; +91 8697274436;))
July 22 (Reuters) - India's Hindustan Petroleum Corp (HPCL) HPCL.NS on Wednesday reported a quarterly loss for the first time since the three months ended September 2022 as a sharp spike in crude prices weighed on profitability.
Here are details from the state-run company's earnings report:
The state-run refiner posted a net loss of 115.26 billion rupees ($1.19 billion) for the first quarter, against a profit of 43.71 billion rupees a year ago.
Average global Brent crude oil prices LCOc1 were about 45% higher than in the year-ago quarter due to the Middle East conflict, dragging marketing margins of oil marketing companies as they were forced to sell fuel below cost.
Marketing margins on petrol and diesel averaged negative 10.6 rupees/litre and negative 18.4 rupees per litre during the quarter, according to analysts at Jefferies.
HPCL's total expenses jumped 42.7% to 1.64 trillion rupees, with cost of raw materials consumed surging 74%.
Fuel demand weakened in India, the world's third-largest importer and consumer of oil, with consumption declining 4.6%, 6.5%, and 3.1% year-on-year in April, May, and June, respectively.
The firm's sale of products rose about 21% to 1.45 trillion rupees, helped by a compensation worth 19.80 billion rupees from the government for losses in the liquefied petroleum gas segment.
Earlier in the day, peer BPCL BPCL.NS also reported its first quarterly loss in 15 on higher crude costs.
($1 = 96.5650 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Harikrishnan Nair and Janane Venkatraman)
(([email protected]; +91 8697274436;))
NEW DELHI, July 20 (Reuters) - India's Hindustan Petroleum Corp HPCL.NS on Monday invited liquefied natural gas (LNG) suppliers, producers and traders to register to supply LNG on a spot and long-term basis, according to a notice on its website.
HPCL operates an LNG import and regassification facility at Chhara in western India with annual capacity of 5 million metric tons.
Apart from spot purchases, HPCL is looking to import up to 1 million tons per year of LNG for 10 to 15 years, sources with knowledge of the matter said.
HPCL did not respond immediately to an emailed request for comment.
India wants to raise the share of gas in its energy mix to 15% from about 6% currently to cut its carbon footprint.
HPCL also has a 10-year LNG import deal with Abu Dhabi National Oil Co for 500,000 tons of LNG every year from 2028. The company also buys LNG through spot tenders.
(Reporting by Nidhi Verma
Editing by David Goodman)
(([email protected]; X: @nidhi712;))
NEW DELHI, July 20 (Reuters) - India's Hindustan Petroleum Corp HPCL.NS on Monday invited liquefied natural gas (LNG) suppliers, producers and traders to register to supply LNG on a spot and long-term basis, according to a notice on its website.
HPCL operates an LNG import and regassification facility at Chhara in western India with annual capacity of 5 million metric tons.
Apart from spot purchases, HPCL is looking to import up to 1 million tons per year of LNG for 10 to 15 years, sources with knowledge of the matter said.
HPCL did not respond immediately to an emailed request for comment.
India wants to raise the share of gas in its energy mix to 15% from about 6% currently to cut its carbon footprint.
HPCL also has a 10-year LNG import deal with Abu Dhabi National Oil Co for 500,000 tons of LNG every year from 2028. The company also buys LNG through spot tenders.
(Reporting by Nidhi Verma
Editing by David Goodman)
(([email protected]; X: @nidhi712;))
** Shares of India's Swiggy SWIG.NS rise 4.3% to 281.59 rupees
** India's Hindustan Petroleum Corporation HPCL.NS also rises 2% to 402.4 rupees
** Food delivery co and refiner said on Wednesday they would partner to launch doorstep delivery of cooking gas cylinders via Swiggy's quick commerce platform, Instamart
** SWIG on avg rated "buy" by 28 analysts (median PT 360 rupees); HPCL on avg rated "hold" by 31 analysts (median PT 398 rupees) - data compiled by LSEG
** YTD - SWIG down 27%, HPCL down 19.4%
(Reporting by Abhirami G in Bengaluru)
** Shares of India's Swiggy SWIG.NS rise 4.3% to 281.59 rupees
** India's Hindustan Petroleum Corporation HPCL.NS also rises 2% to 402.4 rupees
** Food delivery co and refiner said on Wednesday they would partner to launch doorstep delivery of cooking gas cylinders via Swiggy's quick commerce platform, Instamart
** SWIG on avg rated "buy" by 28 analysts (median PT 360 rupees); HPCL on avg rated "hold" by 31 analysts (median PT 398 rupees) - data compiled by LSEG
** YTD - SWIG down 27%, HPCL down 19.4%
(Reporting by Abhirami G in Bengaluru)
July 15 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
SWIGGY'S INSTAMART LAUNCHES LPG CYLINDER DELIVERY IN PARTNERSHIP WITH HPCL - STATEMENT
Further company coverage: HPCL.NS
(([email protected];))
July 15 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
SWIGGY'S INSTAMART LAUNCHES LPG CYLINDER DELIVERY IN PARTNERSHIP WITH HPCL - STATEMENT
Further company coverage: HPCL.NS
(([email protected];))
By Mohi Narayan
NEW DELHI, July 13 (Reuters) - Spot premiums for Indian naphtha exports have rebounded to levels last seen in late March, as tight supplies from the Middle East and Russia and renewed concerns over U.S.-Iran tensions boosted demand from Far East buyers.
Indian state refiners Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum Corp HPCL.NS sold about 63,000-65,000 tons (567,000- 585,000 barrels) of naphtha, used as a feedstock for making petrochemicals like plastics and pharmaceuticals, through tenders last week at premiums similar to late-March highs, multiple trade sources said on Monday.
BPCL sold 36,000-37,000 tons of naphtha at a premium of about $100 per ton to Middle East quotes on a free-on-board (FOB) basis for loading during July 30 and 31, two trade sources said.
HPCL sold about 27,000-28,000 tons of the light distillate at a premium of about $68 per ton to Middle East quotes on an FOB basis for loading during July 25 to 27, two separate sources said.
Premiums have jumped from just above $40 a ton the previous week.
Tight supplies from the Middle East and Russia have boosted demand for Indian naphtha from buyers in the Far East, a Mumbai-based trader said.
Oil companies typically do not comment on trades.
(Reporting by Mohi Narayan; Editing by Harikrishnan Nair)
By Mohi Narayan
NEW DELHI, July 13 (Reuters) - Spot premiums for Indian naphtha exports have rebounded to levels last seen in late March, as tight supplies from the Middle East and Russia and renewed concerns over U.S.-Iran tensions boosted demand from Far East buyers.
Indian state refiners Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum Corp HPCL.NS sold about 63,000-65,000 tons (567,000- 585,000 barrels) of naphtha, used as a feedstock for making petrochemicals like plastics and pharmaceuticals, through tenders last week at premiums similar to late-March highs, multiple trade sources said on Monday.
BPCL sold 36,000-37,000 tons of naphtha at a premium of about $100 per ton to Middle East quotes on a free-on-board (FOB) basis for loading during July 30 and 31, two trade sources said.
HPCL sold about 27,000-28,000 tons of the light distillate at a premium of about $68 per ton to Middle East quotes on an FOB basis for loading during July 25 to 27, two separate sources said.
Premiums have jumped from just above $40 a ton the previous week.
Tight supplies from the Middle East and Russia have boosted demand for Indian naphtha from buyers in the Far East, a Mumbai-based trader said.
Oil companies typically do not comment on trades.
(Reporting by Mohi Narayan; Editing by Harikrishnan Nair)
SINGAPORE/NEW DELHI, July 6 (Reuters) - Indian state refiners Indian Oil Corp IOC.NS and Hindustan Petroleum Corp HPCL.NS have together purchased about 7 million barrels of crude oil through tenders last week, trade sources said on Monday.
Prices for the deals were not immediately available.
IOC bought about 1 million barrels of Angola's Kissanje crude from Cathay Petroleum, the sources said. It also purchased 2 million barrels of Nigeria's Agbami and Usan crude from Trafigura, and a further 2 million barrels of Angola's Nemba and Dalia crude from Chevron.
The cargoes are scheduled for delivery between late August and early September.
Separately, HPCL bought 2 million barrels of Brazil's Tupi crude, the sources said. The cargoes are scheduled for delivery in August and September.
The companies typically do not comment on their commercial sales.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Editing by Diti Pujara)
(([email protected];))
SINGAPORE/NEW DELHI, July 6 (Reuters) - Indian state refiners Indian Oil Corp IOC.NS and Hindustan Petroleum Corp HPCL.NS have together purchased about 7 million barrels of crude oil through tenders last week, trade sources said on Monday.
Prices for the deals were not immediately available.
IOC bought about 1 million barrels of Angola's Kissanje crude from Cathay Petroleum, the sources said. It also purchased 2 million barrels of Nigeria's Agbami and Usan crude from Trafigura, and a further 2 million barrels of Angola's Nemba and Dalia crude from Chevron.
The cargoes are scheduled for delivery between late August and early September.
Separately, HPCL bought 2 million barrels of Brazil's Tupi crude, the sources said. The cargoes are scheduled for delivery in August and September.
The companies typically do not comment on their commercial sales.
(Reporting by Siyi Liu in Singapore and Nidhi Verma in New Delhi; Editing by Diti Pujara)
(([email protected];))
NEW DELHI, July 1 (Reuters) - India's gasoline and diesel sales continued to rise in June, according to preliminary data from the Petroleum Planning and Analysis Cell of the federal oil ministry.
Gasoline sales surged 7% in June from a year earlier to about 3.77 million metric tons.
Sales of diesel, mostly used by trucks, rose to 8.55 million tons, up 5.52% from June last year, the data showed.
Sales of jet fuel fell 0.6% to 726,000 tons.
Indian refiners' sales of liquefied petroleum gas, mainly used as a cooking fuel, declined 16.7% to 2.18 million tons as the government regulated use of the fuel amid supply disruptions from the Middle East.
(Reporting by Nidhi Verma; Editing by Emelia Sithole-Matarise)
(([email protected]; X: @nidhi712;))
NEW DELHI, July 1 (Reuters) - India's gasoline and diesel sales continued to rise in June, according to preliminary data from the Petroleum Planning and Analysis Cell of the federal oil ministry.
Gasoline sales surged 7% in June from a year earlier to about 3.77 million metric tons.
Sales of diesel, mostly used by trucks, rose to 8.55 million tons, up 5.52% from June last year, the data showed.
Sales of jet fuel fell 0.6% to 726,000 tons.
Indian refiners' sales of liquefied petroleum gas, mainly used as a cooking fuel, declined 16.7% to 2.18 million tons as the government regulated use of the fuel amid supply disruptions from the Middle East.
(Reporting by Nidhi Verma; Editing by Emelia Sithole-Matarise)
(([email protected]; X: @nidhi712;))
SINGAPORE, June 29 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | Closing Jun 30 |
(further updates recent tenders closed)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
Pakistan/PRL | S: HSFO | Karachi | 37KT | Jun 28-30 | Trafigura |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Jun 27-29 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jun 27-29 | - |
Sri Lanka/Ceypetco | B: Fuel Oil (180cst) | Colombo | 30KT | Jun 27-28 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 23-25; Jun 29-Jul 1 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jun 22-26 | Shell |
Taiwan/CPC | S: CFB+LSFO | Taiwan | 30KT | Jun 19-23 | - |
Nigeria/Dangote | S: Fuel Oil+CBFS | Lekki | 130KT | Jun 18-19 | - |
Indonesia/Pertamina | S: Decant Oil | Balikpapan | 70KBx2 | Jun 16-17; Jun 26-27 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | Jun 12-13; Jun 16-17 | - |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 500KB | Jun 15-16 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jun 12-13 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 270KBx2 | Jun 10-14; Jun 25-29 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 10-12; Jun 17-19 | Trafigura (Jun 17-19) |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 300-500KB | Jun 8-9 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jun 6-7; Jun 25-26 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | Jun 4-6; Jun 12-14; Jun 18-20 (18KT); Jun 25-27 | - |
India/HPCL | S: HSFO | Vizag | 33KT | Jun 3-5 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 3-5 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 43KTx2 | Jun 1-7; Jun 8-14 | Mercuria (Jun 8-14) |
Mexico/PMI | S: HSFO | Singapore delivery | 150KT | Jun 1-8 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Jun 1-3 | Trafigura |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jun 1-2 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40-44KT | Jun 1-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 1-30 | - |
India/HPCL | S: HSFO | Mumbai | 33KTx2 | May 26-28; Jun 4-6 | E3 (Jun 4-6) |
Indonesia/Pertamina | S: Decant Oil | Balongan | 70KB | May 26-27 | - |
Taiwan/CPC | S: CFB+LSFO | Keelung+Kaohsiung | 40KT | May 22-26 | - |
India/MRPL | S: VLSFO | New Mangalore | 25KT | May 20-21 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | May 19-21; May 26-28 | Trafigura (May 26-28) |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | May 18-19; May 22-23 | - |
Thailand/Bangchak | S: LSWR | Sriracha | 30KT | May 18-20 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | May 25-30 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 45KTx2 | May 15-19; May 20-24 | Shell |
Nigeria/Dangote | S: Fuel Oil+Slurry | Lekki | 130KT | May 11-13 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | May 11-13 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | May 10-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | May 10-11; May 14-15 | - |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | May 10-14 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | May 5-7; May 15-17; May 23-25; May 29-31 | Trafigura (May 15-17, May 23-25); Shell (May 29-31) |
Sri Lanka/Ceypetco | B: LSFO | Colombo | 30KT | May 1-8 | - |
India/HPCL | B: VGO | Vizag | 33KTx2 | May 1-15; May 16-31 | Vitol (May 16-31) |
Taiwan/CPC | B: LSFO | Keelung | 36KT | May 1-31 | - |
(Reporting by Jeslyn Lerh)
SINGAPORE, June 29 (Reuters) - For tenders of crude and other oil products, please click:
Crude CRU/TENDA Naphtha NAP/TENDA Gasoline MOG/TENDA Jet/Diesel MDIS/TENDA Fuel Oil FUEL/TENDA
SPOT TENDERS | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
India/HPCL * | S: HSFO | Vizag | 33KTx2 | Jul 19-21; Jul 25-27 | Closing Jun 30 |
(further updates recent tenders closed)
RECENT TENDERS CLOSED (SORTED BY LAYCAN) | |||||
ISSUER | GRADE | PORT | VOLUME | LAYCAN | REMARKS |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Aug 1-31 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KB | Jul 29-30 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 28-30 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 300KB | Jul 28-30 | - |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | Jul 24-28 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KT; 25KT | Jul 13-17; Jul 27-31 | Trafigura (Jul 13-17); Shell (Jul 27-31) |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jul 13-15 | - |
Malaysia/PRefChem | S: Slurry | Pengerang | 55KB | Jul 12-13 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 44-60KT | Jul 11-15 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jul 10-11; Jul 29-30 | - |
South Korea/S-Oil | S: Slurry | Onsan | 23KT | Jul 8-12 | - |
India/HPCL | S: HSFO | Mumbai | 33KT | Jul 6-9 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jul 6-8; Jul 13-15 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jul 3-6 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jul 2-6 | Idemitsu |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jul 1-3 | Vitol |
India/HPCL | B: VGO | Vizag | 33KT | Jul 1-15 | - |
Taiwan/CPC | B: LSFO | Keelung | 36KT | Jul 1-31 | - |
Pakistan/PRL | S: HSFO | Karachi | 37KT | Jun 28-30 | Trafigura |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | Jun 27-29 | - |
Thailand/PTT | S: LSFO | Map Ta Phut | 35KT | Jun 27-29 | - |
Sri Lanka/Ceypetco | B: Fuel Oil (180cst) | Colombo | 30KT | Jun 27-28 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 23-25; Jun 29-Jul 1 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40KT | Jun 22-26 | Shell |
Taiwan/CPC | S: CFB+LSFO | Taiwan | 30KT | Jun 19-23 | - |
Nigeria/Dangote | S: Fuel Oil+CBFS | Lekki | 130KT | Jun 18-19 | - |
Indonesia/Pertamina | S: Decant Oil | Balikpapan | 70KBx2 | Jun 16-17; Jun 26-27 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | Jun 12-13; Jun 16-17 | - |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 500KB | Jun 15-16 | Shell |
India/BPCL | S: HSFO | Mumbai | 25KT | Jun 12-13 | - |
South Korea/S-Oil | S: Light Cycle Oil | Onsan | 270KBx2 | Jun 10-14; Jun 25-29 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | Jun 10-12; Jun 17-19 | Trafigura (Jun 17-19) |
Malaysia/PRefChem | S: Atmospheric Residue | Pengerang | 300-500KB | Jun 8-9 | - |
Indonesia/Pertamina | S: Decant Oil | Balongan | 200KBx2 | Jun 6-7; Jun 25-26 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | Jun 4-6; Jun 12-14; Jun 18-20 (18KT); Jun 25-27 | - |
India/HPCL | S: HSFO | Vizag | 33KT | Jun 3-5 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 3-5 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 43KTx2 | Jun 1-7; Jun 8-14 | Mercuria (Jun 8-14) |
Mexico/PMI | S: HSFO | Singapore delivery | 150KT | Jun 1-8 | - |
South Korea/S-Oil | S: Slurry | Onsan | 22KT | Jun 1-3 | Trafigura |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KB | Jun 1-2 | - |
Taiwan/CPC | S: LSFO | Kaohsiung | 40-44KT | Jun 1-30 | - |
Taiwan/Formosa | S: Main Column Bottoms | Mailiao | 40KT | Jun 1-30 | - |
India/HPCL | S: HSFO | Mumbai | 33KTx2 | May 26-28; Jun 4-6 | E3 (Jun 4-6) |
Indonesia/Pertamina | S: Decant Oil | Balongan | 70KB | May 26-27 | - |
Taiwan/CPC | S: CFB+LSFO | Keelung+Kaohsiung | 40KT | May 22-26 | - |
India/MRPL | S: VLSFO | New Mangalore | 25KT | May 20-21 | - |
India/HPCL | S: HSFO | Vizag | 33KTx2 | May 19-21; May 26-28 | Trafigura (May 26-28) |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | May 18-19; May 22-23 | - |
Thailand/Bangchak | S: LSWR | Sriracha | 30KT | May 18-20 | - |
Vietnam/Nghi Son | B: SRFO | Nghi Son | 30-35KT | May 25-30 | - |
South Korea/GS Caltex | S: HSFO | Yeosu | 45KTx2 | May 15-19; May 20-24 | Shell |
Nigeria/Dangote | S: Fuel Oil+Slurry | Lekki | 130KT | May 11-13 | ATC |
India/HPCL | S: HSFO | Mumbai | 33KT | May 11-13 | - |
Vietnam/Nghi Son | S: Fuel Oil | Nghi Son | 10KT | May 10-12 | - |
Indonesia/Pertamina | S: V-1250 LSWR (0.45% S max) | Balikpapan | 200KBx2 | May 10-11; May 14-15 | - |
Taiwan/Formosa | S: Pyrolysis Fuel Oil | Mailiao | 10KT | May 10-14 | - |
Thailand/PTT | S: HSFO | Sriracha | 18KTx1; 25KTx3 | May 5-7; May 15-17; May 23-25; May 29-31 | Trafigura (May 15-17, May 23-25); Shell (May 29-31) |
Sri Lanka/Ceypetco | B: LSFO | Colombo | 30KT | May 1-8 | - |
India/HPCL | B: VGO | Vizag | 33KTx2 | May 1-15; May 16-31 | Vitol (May 16-31) |
Taiwan/CPC | B: LSFO | Keelung | 36KT | May 1-31 | - |
(Reporting by Jeslyn Lerh)
June 23 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
HPCL - CONFIRMS HRRL COMMERCIAL OPERATIONS COMMENCEMENT AS OF 22 JUNE 2026
Source text: ID:nBSE7w7YyW
Further company coverage: HPCL.NS
(([email protected];))
June 23 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
HPCL - CONFIRMS HRRL COMMERCIAL OPERATIONS COMMENCEMENT AS OF 22 JUNE 2026
Source text: ID:nBSE7w7YyW
Further company coverage: HPCL.NS
(([email protected];))
By Nidhi Verma
NEW DELHI, June 18 (Reuters) - Indian state fuel retailers' borrowings are hitting limits as they incur losses from selling gasoline, gasoil, and liquefied petroleum gas at below market rates, India's oil secretary Neeraj Mittal said on Thursday.
State-fuel retailers' revenue losses in the first quarter of this year have risen to 1 trillion rupees ($10.60 billion), Mittal said at an industry event.
Borrowing by Indian Oil Corp IOC.NS, Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum Corp HPCL.NS has risen as the companies absorb those losses, he said.
While many countries have raised retail prices of gasoline and gasoil by about 40%-50% after the Iran war drove up crude prices, India has raised prices of the two fuels by less than 10%.
($1 = 94.3500 Indian rupees)
(Reporting by Nidhi Verma; Editing by Jan Harvey)
(([email protected]; X: @nidhi712;))
By Nidhi Verma
NEW DELHI, June 18 (Reuters) - Indian state fuel retailers' borrowings are hitting limits as they incur losses from selling gasoline, gasoil, and liquefied petroleum gas at below market rates, India's oil secretary Neeraj Mittal said on Thursday.
State-fuel retailers' revenue losses in the first quarter of this year have risen to 1 trillion rupees ($10.60 billion), Mittal said at an industry event.
Borrowing by Indian Oil Corp IOC.NS, Bharat Petroleum Corp BPCL.NS and Hindustan Petroleum Corp HPCL.NS has risen as the companies absorb those losses, he said.
While many countries have raised retail prices of gasoline and gasoil by about 40%-50% after the Iran war drove up crude prices, India has raised prices of the two fuels by less than 10%.
($1 = 94.3500 Indian rupees)
(Reporting by Nidhi Verma; Editing by Jan Harvey)
(([email protected]; X: @nidhi712;))
Das, Upper Zakum, Umm Lulu sold for June-August loading
Indian refiners buy 6 million barrels
Other buyers include Unipec, Eneos, SK Energy, GS Energy
NEW DELHI/SINGAPORE, June 16 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has sold at least 30 million barrels of spot crude to Asian refiners and trading firms so far this month and offered more this week, trade sources said, boosting exports during the U.S.-Iran ceasefire.
The United Arab Emirates producer sold cargoes of Das, Upper Zakum and Umm Lulu crude to refiners in India, China, South Korea and Japan as well as to global trading houses. Some were priced at flat to slight premiums to Dubai benchmarks for loading between June and August, the sources said.
The three crude grades are produced from fields inside the Gulf and must be shipped through the Strait of Hormuz.
The sales were conducted over the past two weeks, ahead of the signing of a preliminary agreement between the U.S. and Iran to end their conflict.
ASIAN BUYERS
Indian state refiners Indian Oil Corp IOC.NS and Bharat Petroleum Corp BPCL.NS have bought a combined 6 million barrels of Abu Dhabi oil so far this month, the sources said.
The cargoes were sold at parity or premiums of $1–$2 a barrel to Dubai prices on a cost-and-delivered basis via ship transfers at Fujairah, they added.
ADNOC's sales also included 3 million barrels of Das crude to Japan's largest refiner Eneos and 1 million barrels to South Korea's GS Energy.
For Upper Zakum, China's Unipec, the trading arm of state giant Sinopec, bought 6 million to 8 million barrels, while Vitol took 4 million barrels and Rongsheng Petrochemical 2 million barrels, the sources said.
South Korea's largest refiner SK Energy bought 7 million barrels of Umm Lulu crude, they added. Some cargoes were sold at premiums, two of the traders said. The companies typically do not comment on commercial sales.
ADNOC offered the cargoes on a free-on-board basis from storage at Fujairah, or from terminals at Zirku or Das Island, as well as via ship-to-ship transfers off the UAE, Oman or Malaysia. Buyers also had the option of cost-and-freight delivery.
ADNOC did not immediately respond to a request for comment.
Since the Iran war began, ADNOC has exported crude and products by switching off transponders to reduce the risk of Iranian attacks, with cargoes either transferred ship-to-ship or sailing directly to buyers.
(Reporting by Nidhi Verma in New Delhi, Siyi Liu and Florence Tan in Singapore. Editing by Mark Potter)
(([email protected];))
Das, Upper Zakum, Umm Lulu sold for June-August loading
Indian refiners buy 6 million barrels
Other buyers include Unipec, Eneos, SK Energy, GS Energy
NEW DELHI/SINGAPORE, June 16 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has sold at least 30 million barrels of spot crude to Asian refiners and trading firms so far this month and offered more this week, trade sources said, boosting exports during the U.S.-Iran ceasefire.
The United Arab Emirates producer sold cargoes of Das, Upper Zakum and Umm Lulu crude to refiners in India, China, South Korea and Japan as well as to global trading houses. Some were priced at flat to slight premiums to Dubai benchmarks for loading between June and August, the sources said.
The three crude grades are produced from fields inside the Gulf and must be shipped through the Strait of Hormuz.
The sales were conducted over the past two weeks, ahead of the signing of a preliminary agreement between the U.S. and Iran to end their conflict.
ASIAN BUYERS
Indian state refiners Indian Oil Corp IOC.NS and Bharat Petroleum Corp BPCL.NS have bought a combined 6 million barrels of Abu Dhabi oil so far this month, the sources said.
The cargoes were sold at parity or premiums of $1–$2 a barrel to Dubai prices on a cost-and-delivered basis via ship transfers at Fujairah, they added.
ADNOC's sales also included 3 million barrels of Das crude to Japan's largest refiner Eneos and 1 million barrels to South Korea's GS Energy.
For Upper Zakum, China's Unipec, the trading arm of state giant Sinopec, bought 6 million to 8 million barrels, while Vitol took 4 million barrels and Rongsheng Petrochemical 2 million barrels, the sources said.
South Korea's largest refiner SK Energy bought 7 million barrels of Umm Lulu crude, they added. Some cargoes were sold at premiums, two of the traders said. The companies typically do not comment on commercial sales.
ADNOC offered the cargoes on a free-on-board basis from storage at Fujairah, or from terminals at Zirku or Das Island, as well as via ship-to-ship transfers off the UAE, Oman or Malaysia. Buyers also had the option of cost-and-freight delivery.
ADNOC did not immediately respond to a request for comment.
Since the Iran war began, ADNOC has exported crude and products by switching off transponders to reduce the risk of Iranian attacks, with cargoes either transferred ship-to-ship or sailing directly to buyers.
(Reporting by Nidhi Verma in New Delhi, Siyi Liu and Florence Tan in Singapore. Editing by Mark Potter)
(([email protected];))
** Shares of 3I Infotech TIIN.NS jump as much as 5.5% to 17.34 rupees
** IT infra service provider gets 370.5 million rupee order from Hindustan Petroleum Corp Limited HPCL.NS
** Order to support HPCL's distributed IT operations across critical business location for three years
** YTD, TIIN up 4.4%
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
** Shares of 3I Infotech TIIN.NS jump as much as 5.5% to 17.34 rupees
** IT infra service provider gets 370.5 million rupee order from Hindustan Petroleum Corp Limited HPCL.NS
** Order to support HPCL's distributed IT operations across critical business location for three years
** YTD, TIIN up 4.4%
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
HAPCO start-up pushed from mid-year to September or October, sources say
PetroChina Dalian unit resumption postponed indefinitely
China's refining margins turn negative on high crude costs and fuel price caps
India's capacity expansion on track
SINGAPORE, June 8 (Reuters) - Chinese refiners have delayed two projects slated to come online this year following disruptions to Middle Eastern oil supplies from the Strait of Hormuz due to the Iran war, people familiar with the matter said.
The delays, which affect a combined capacity of 500,000 barrels per day, could cap fresh Chinese oil demand as well as global crude prices as refiners in the world's top crude importer already face headwinds from flagging fuel consumption.
Huajin Aramco Petrochemical Co (HAPCO), a joint venture between Saudi Aramco 2222.SE and Chinese state-owned defense conglomerate Norinco Group and Panjin Xincheng Industrial Group, has pushed back the startup of its 300,000 bpd refinery in the northeastern city of Panjin to September or early October from May or June, five people familiar with the matter said.
Consultancy Energy Aspects has said it expects the refinery to start in the latter part of the third quarter because of feedstock supply uncertainty linked to the Hormuz disruption.
HAPCO did not immediately respond to a request for comment. Aramco declined to comment on questions about HAPCO's start-up timeline.
Aramco said in 2023 it would supply up to 210,000 bpd of crude to HAPCO. The project includes a 1.65 million metric tons-per-year (tpy) ethylene cracker and a 2 million tpy paraxylene unit.
Separately, the planned restart of a 200,000 bpd crude unit at PetroChina's Dalian refinery has been postponed indefinitely, according to three sources familiar with the project.
Reuters reported in January that the state oil firm planned to restart the plant around mid-year to capitalise on strong margins from processing discounted Russian crude. However, those discounts have largely disappeared since the conflict disrupted global supplies and increased competition for Russian barrels.
PetroChina, which has not publicly confirmed plans for the restart of the Dalian unit, did not respond to a request for comment.
The delays come as the Iran conflict has crunched refiners' margins, with the Middle East oil supply disruption driving up crude prices, while they face state fuel price caps. At the same time fuel demand has weakened due to electric vehicle growth.
As a result, throughput at China's refineries fell to about 13.3 million bpd in April, the lowest since August 2022, government data showed. That equates to about 69% of capacity, based on state refiners' estimates of total capacity at around 960 million metric tons a year, or about 19.2 million bpd.
INDIA AND CHINA LEAD CAPACITY ADDITIONS
Asia accounts for the bulk of new refinery capacity set to come online this year, according to analysts.
In India, state-owned Hindustan Petroleum Corp (HPCL) HPCL.NS and Indian Oil Corp IOC.NS are expected to add about 526,000 bpd refining capacity this year.
Start-up of HPCL's 180,000 bpd Barmer project was delayed a few months due to a fire, and the company has said it expects to commence operations there at 60% capacity starting this month.
Indian Oil Corp said in May that expansions at its Barauni, Gujarat and Panipat refineries will be completed in August, November and December respectively.
(Reporting by Siyi Liu, Trixie Yap in Singapore, Nidhi Verma in New Delhi and Sam Li in Beijing; Editing by Florence Tan and Sonali Paul)
(([email protected];))
HAPCO start-up pushed from mid-year to September or October, sources say
PetroChina Dalian unit resumption postponed indefinitely
China's refining margins turn negative on high crude costs and fuel price caps
India's capacity expansion on track
SINGAPORE, June 8 (Reuters) - Chinese refiners have delayed two projects slated to come online this year following disruptions to Middle Eastern oil supplies from the Strait of Hormuz due to the Iran war, people familiar with the matter said.
The delays, which affect a combined capacity of 500,000 barrels per day, could cap fresh Chinese oil demand as well as global crude prices as refiners in the world's top crude importer already face headwinds from flagging fuel consumption.
Huajin Aramco Petrochemical Co (HAPCO), a joint venture between Saudi Aramco 2222.SE and Chinese state-owned defense conglomerate Norinco Group and Panjin Xincheng Industrial Group, has pushed back the startup of its 300,000 bpd refinery in the northeastern city of Panjin to September or early October from May or June, five people familiar with the matter said.
Consultancy Energy Aspects has said it expects the refinery to start in the latter part of the third quarter because of feedstock supply uncertainty linked to the Hormuz disruption.
HAPCO did not immediately respond to a request for comment. Aramco declined to comment on questions about HAPCO's start-up timeline.
Aramco said in 2023 it would supply up to 210,000 bpd of crude to HAPCO. The project includes a 1.65 million metric tons-per-year (tpy) ethylene cracker and a 2 million tpy paraxylene unit.
Separately, the planned restart of a 200,000 bpd crude unit at PetroChina's Dalian refinery has been postponed indefinitely, according to three sources familiar with the project.
Reuters reported in January that the state oil firm planned to restart the plant around mid-year to capitalise on strong margins from processing discounted Russian crude. However, those discounts have largely disappeared since the conflict disrupted global supplies and increased competition for Russian barrels.
PetroChina, which has not publicly confirmed plans for the restart of the Dalian unit, did not respond to a request for comment.
The delays come as the Iran conflict has crunched refiners' margins, with the Middle East oil supply disruption driving up crude prices, while they face state fuel price caps. At the same time fuel demand has weakened due to electric vehicle growth.
As a result, throughput at China's refineries fell to about 13.3 million bpd in April, the lowest since August 2022, government data showed. That equates to about 69% of capacity, based on state refiners' estimates of total capacity at around 960 million metric tons a year, or about 19.2 million bpd.
INDIA AND CHINA LEAD CAPACITY ADDITIONS
Asia accounts for the bulk of new refinery capacity set to come online this year, according to analysts.
In India, state-owned Hindustan Petroleum Corp (HPCL) HPCL.NS and Indian Oil Corp IOC.NS are expected to add about 526,000 bpd refining capacity this year.
Start-up of HPCL's 180,000 bpd Barmer project was delayed a few months due to a fire, and the company has said it expects to commence operations there at 60% capacity starting this month.
Indian Oil Corp said in May that expansions at its Barauni, Gujarat and Panipat refineries will be completed in August, November and December respectively.
(Reporting by Siyi Liu, Trixie Yap in Singapore, Nidhi Verma in New Delhi and Sam Li in Beijing; Editing by Florence Tan and Sonali Paul)
(([email protected];))
June 5 (Reuters) -
INDIA INDUSTRY SOURCE: STATE FUEL RETAILERS REVENUE LOSS ON GASOLINE SALES 9 RUPEES/LITRE, DIESEL 36.5 RUPEES/LITRE
INDIA INDUSTRY SOURCE: STATE FUEL RETAILERS REVENUE LOSS ON LIQUEFIED PETROLEUM GAS SALES AROUND 700 RUPEES/14.2 KG CYLINDER
Source text: [ID:]
Further company coverage: BPCL.NS
(([email protected];;))
June 5 (Reuters) -
INDIA INDUSTRY SOURCE: STATE FUEL RETAILERS REVENUE LOSS ON GASOLINE SALES 9 RUPEES/LITRE, DIESEL 36.5 RUPEES/LITRE
INDIA INDUSTRY SOURCE: STATE FUEL RETAILERS REVENUE LOSS ON LIQUEFIED PETROLEUM GAS SALES AROUND 700 RUPEES/14.2 KG CYLINDER
Source text: [ID:]
Further company coverage: BPCL.NS
(([email protected];;))
State retailers have hiked prices four times since mid-May
State retailers still losing money so more price hikes possible
Truckers already affected by less industrial activity
By Nidhi Verma and Mohi Narayan
NEW DELHI, June 3 (Reuters) - India is expected to see less growth in gasoline and diesel demand this year after a series of price hikes last month that reflect higher oil costs triggered by the Iran war, with early signs of stress already visible in the trucking sector.
State retailers Indian Oil IOC.NS, Bharat Petroleum BPCL.NS and Hindustan Petroleum HPCL.NS implemented four rounds of price hikes since mid-May after holding off earlier due to elections. Gasoline prices are now 7.8% higher while those for diesel are up 8.6%.
Analysts say there could be more price increases that are likely to dampen demand further, given that the retailers are still selling the fuels below market rates and are losing a combined 5.5 billion rupees ($57 million) daily.
Slowing growth in fuel sales for India, the world's third-largest importer and consumer, is set to dampen the outlook for global demand now that transportation fuel consumption in China has peaked.
"We expect India's gasoline demand growth to drop to around 3.5-3.7% in 2026 amid reduced discretionary driving," said Dylan Sim, an analyst at FGE NexantECA.
That compares with an earlier estimate of 4% growth. The consultancy has also cut its forecast for growth in diesel demand to 2% from 2.5%.
Moody's Indian rating arm ICRA has revised down its forecast for gasoline demand growth for this financial year to 3% to 4%, compared with 5% to 6% before the war. For diesel, it expects demand to stay flat or shrink versus an earlier projection of 2% to 3% growth.
Prashant Vashisth, senior vice president at ICRA, said that the diesel and gasoline price hikes could exacerbate inflation which could hurt end-user demand.
Increases in logistics and shipping costs, also stemming from the Middle East conflict, could lead to "weak industry growth which would negatively impact diesel demand," he added.
TRUCKERS AFFECTED BY LESS INDUSTRIAL ACTIVITY
Global oil prices LCOc1 have surged 40% to trade near $100 a barrel since the war restricted shipments through the Strait of Hormuz, which used to see a fifth of the world's oil supplies pass through before the conflict.
Signs of lower diesel demand due to slower industrial activity have emerged in the trucking sector.
Freight prices have fallen between 13% and 15% on three-quarters of key long-haul routes despite the increase in retail fuel prices, said SP Singh, senior fellow at the Indian Foundation of Transport Research and Training.
Singh noted that drivers are having to wait longer periods before making return trips.
"Truckers are not getting return tonnages. There is a delay of 3-5 days because manufacturing has slowed, that is hitting their revenue as their round trips per month have been reduced," he said.
Preliminary data showed that Indian retailers' gasoline sales in May rose 2.8% from a year earlier while gasoil sales edged up 0.9%. That compares with April figures of a 6.8% climb for gasoline and a 0.8% increase for gasoil.
($1 = 95.7625 Indian rupees)
Higher pump prices and slowing industry curb India's fuel demand https://reut.rs/4ekgTSo
(Reporting by Nidhi Verma and Mohi Narayan; Editing by Florence Tan and Edwina Gibbs)
(([email protected]; X: @nidhi712;))
State retailers have hiked prices four times since mid-May
State retailers still losing money so more price hikes possible
Truckers already affected by less industrial activity
By Nidhi Verma and Mohi Narayan
NEW DELHI, June 3 (Reuters) - India is expected to see less growth in gasoline and diesel demand this year after a series of price hikes last month that reflect higher oil costs triggered by the Iran war, with early signs of stress already visible in the trucking sector.
State retailers Indian Oil IOC.NS, Bharat Petroleum BPCL.NS and Hindustan Petroleum HPCL.NS implemented four rounds of price hikes since mid-May after holding off earlier due to elections. Gasoline prices are now 7.8% higher while those for diesel are up 8.6%.
Analysts say there could be more price increases that are likely to dampen demand further, given that the retailers are still selling the fuels below market rates and are losing a combined 5.5 billion rupees ($57 million) daily.
Slowing growth in fuel sales for India, the world's third-largest importer and consumer, is set to dampen the outlook for global demand now that transportation fuel consumption in China has peaked.
"We expect India's gasoline demand growth to drop to around 3.5-3.7% in 2026 amid reduced discretionary driving," said Dylan Sim, an analyst at FGE NexantECA.
That compares with an earlier estimate of 4% growth. The consultancy has also cut its forecast for growth in diesel demand to 2% from 2.5%.
Moody's Indian rating arm ICRA has revised down its forecast for gasoline demand growth for this financial year to 3% to 4%, compared with 5% to 6% before the war. For diesel, it expects demand to stay flat or shrink versus an earlier projection of 2% to 3% growth.
Prashant Vashisth, senior vice president at ICRA, said that the diesel and gasoline price hikes could exacerbate inflation which could hurt end-user demand.
Increases in logistics and shipping costs, also stemming from the Middle East conflict, could lead to "weak industry growth which would negatively impact diesel demand," he added.
TRUCKERS AFFECTED BY LESS INDUSTRIAL ACTIVITY
Global oil prices LCOc1 have surged 40% to trade near $100 a barrel since the war restricted shipments through the Strait of Hormuz, which used to see a fifth of the world's oil supplies pass through before the conflict.
Signs of lower diesel demand due to slower industrial activity have emerged in the trucking sector.
Freight prices have fallen between 13% and 15% on three-quarters of key long-haul routes despite the increase in retail fuel prices, said SP Singh, senior fellow at the Indian Foundation of Transport Research and Training.
Singh noted that drivers are having to wait longer periods before making return trips.
"Truckers are not getting return tonnages. There is a delay of 3-5 days because manufacturing has slowed, that is hitting their revenue as their round trips per month have been reduced," he said.
Preliminary data showed that Indian retailers' gasoline sales in May rose 2.8% from a year earlier while gasoil sales edged up 0.9%. That compares with April figures of a 6.8% climb for gasoline and a 0.8% increase for gasoil.
($1 = 95.7625 Indian rupees)
Higher pump prices and slowing industry curb India's fuel demand https://reut.rs/4ekgTSo
(Reporting by Nidhi Verma and Mohi Narayan; Editing by Florence Tan and Edwina Gibbs)
(([email protected]; X: @nidhi712;))
June 1 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
HPCL - RAJNEESH NARANG CEASES TO BE DIRECTOR – FINANCE AND CFO EFFECTIVE JUNE 1, 2026
HPCL - APPOINTS K VINOD AS CFO EFFECTIVE
HPCL - ADDITIONAL CHARGE DIRECTOR-FINANCE GIVEN TO K S SHETTY FOR A PERIOD OF THREE MONTHS
Source text: ID:nBSE3mx5S1
Further company coverage: HPCL.NS
(([email protected];))
June 1 (Reuters) - Hindustan Petroleum Corp Ltd HPCL.NS:
HPCL - RAJNEESH NARANG CEASES TO BE DIRECTOR – FINANCE AND CFO EFFECTIVE JUNE 1, 2026
HPCL - APPOINTS K VINOD AS CFO EFFECTIVE
HPCL - ADDITIONAL CHARGE DIRECTOR-FINANCE GIVEN TO K S SHETTY FOR A PERIOD OF THREE MONTHS
Source text: ID:nBSE3mx5S1
Further company coverage: HPCL.NS
(([email protected];))
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Popular questions
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What does HPCL do?
Hindustan Petroleum Corporation (HPCL)is one of the largest public sector enterprises under the administrativecontrol of the Ministry of Petroleum and Natural Gas, Government of India andcontinues to be accorded the prestigious ‘Maharatna’ status. HPCL has a robustpresence in the petroleum refining and marketing sector. The company caters toa vast consumer base across the country by supplying mobility fuels and LPGsolutions to households and continues to be the largest distributor ofindustrial and automotive lubricants in India. The company is also activelyengaged in the sale of bulk petroleum products. The Company leverages itsextensive pipeline network for transporting products across the country’slandscape. In addition, the company is steadily advancing its participation inthe natural gas sector. The company is expanding into the renewable energysector, with a continued focus on wind and solar power generation.
Who are the competitors of HPCL?
HPCL major competitors are MRPL, Chennai Petrol. Corp, Bharat PetroleumCorp, Indian Oil Corpn., Reliance Industries. Market Cap of HPCL is ₹77,910 Crs. While the median market cap of its peers are ₹1,34,841 Crs.
Is HPCL financially stable compared to its competitors?
HPCL seems to be less financially stable compared to its competitors. Altman Z score of HPCL is 3.02 and is ranked 4 out of its 6 competitors.
Does HPCL pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. HPCL latest dividend payout ratio is 28.59% and 3yr average dividend payout ratio is 29.89%
How has HPCL allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is HPCL balance sheet?
Balance sheet of HPCL is strong. But short term working capital might become an issue for this company.
Is the profitablity of HPCL improving?
The profit is oscillating. The profit of HPCL is ₹38 Crs for TTM, ₹18,047 Crs for Mar 2026 and ₹6,736 Crs for Mar 2025.
Is the debt of HPCL increasing or decreasing?
The net debt of HPCL is decreasing. Latest net debt of HPCL is ₹50,562 Crs as of Mar-26. This is less than Mar-25 when it was ₹65,930 Crs.
Is HPCL stock expensive?
Yes, HPCL is expensive. Latest PE of HPCL is 46.62, while 3 year average PE is 6.7. Also latest EV/EBITDA of HPCL is 18.54 while 3yr average is 5.51.
Has the share price of HPCL grown faster than its competition?
HPCL has given better returns compared to its competitors. HPCL has grown at ~8.27% over the last 10yrs while peers have grown at a median rate of 7.98%
Is the promoter bullish about HPCL?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in HPCL is 54.9% and last quarter promoter holding is 54.9%.
Are mutual funds buying/selling HPCL?
The mutual fund holding of HPCL is increasing. The current mutual fund holding in HPCL is 17.58% while previous quarter holding is 15.21%.