OIL

April 18 (Reuters) - India on Friday said it has introduced enhancements to the domestic gas allocation policy with an aim to strengthen the framework for sustained availability and affordability of natural gas.

Under these new directions, from the first quarter of fiscal 2026, domestic natural gas allocations for compressed natural gas (CNG) and piped natural gas (PNG) segments will be done on a two-quarter advance basis, the government said in a statement.

Allocation will also now include new well gas (NWG) from nomination fields of the two state explorers, Oil and Natural Gas Corporation ONGC.NS and Oil India OILI.NS with auction-based allocation for new well gas being replaced with a quarterly pro-rata allocation, to ensure timely and reliable supply, the statement added.

With both administered pricing mechanism gas (APM) and new well gas prices linked to Indian crude basket prices, which are calculated monthly, the government sees the allocation of domestic gas to make natural gas more affordable for CNG and PNG consumers after recent decline in crude prices.

The allocation of natural gas sold under government-set APM has fallen over the years because of lower output at domestic wells. This has led to India's city gas distribution companies like Mahanagar Gas MGAS.NS, Indraprastha Gas IGAS.NS, Gujarat Gas GGAS.NS seeing their margins squeezed in last few quarters.

These policy measures come at a time when the government has cut APM gas allocation to city gas distribution companies by 18%-20%, effective April 16.

(Reporting by Ashish Chandra in Bengaluru, Editing by Franklin Paul)

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April 15 (Reuters) - Oil India Ltd OILI.NS:

• SECURES 9 BLOCKS UNDER OALP IX

• ADDS OVER 51,000 SQ.KM TO ITS EXPLORATION PORTFOLIO

• EXPLORATION ACREAGE GROWS BY 85% TO 110,000 SQ.KM

Source text: ID:nBSE10jWQj

Further company coverage: OILI.NS

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April 11 (Reuters) - Aakash Exploration Services Ltd AAKA.NS:

• RECEIVES LOI FROM OIL INDIA LIMITED

• ORDER VALUE ABOUT 290 MILLION RUPEES

Source text: ID:nNSE5N1xKR

Further company coverage: AAKA.NS

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** Shares of oil explorers Oil and Natural Gas Corporation ONGC.NS and Oil India OILI.NS drop 1.5% and 1.7% respectively

** Oil prices fell to their lowest in more than four years on looming demand concerns fuelled by an escalating tariff war between the U.S. and China O/R

** Lower crude prices reduce the average selling price for exploration companies such as ONGC and OILI, weighing on their earnings

** Since U.S. President Donald Trump announced new tariffs on April 2, shares of these two companies have fallen 11% and 11.7% respectively

** Over the same period, Nifty Oil & Gas .NIFOILGAS and Nifty Energy .NIFTYENR fell 5% and 5.4% respectively

(Reporting by Ashish Chandra in Bengaluru)

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April 7 (Reuters) - India's oil marketing companies have said that there will be no increase in retail prices of petrol and diesel after an increase in excise duty, the country's petroleum and natural gas ministry said on social media platform X on Monday.

(Reporting by Sethuraman NR; Editing by Mrigank Dhaniwala)

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** India's Nifty Energy .NIFTYENR and Nifty Oil & Gas .NIFOILGAS indexes fall 3% and 3.5%, respectively
** Oil and Natural Gas Corp ONGC.NS and Oil India OILI.NS leading the fall in both indexes, down 6.3% and 6%, respectively

** Brent LCOc1 was on course for its biggest weekly percentage loss since the week ended October 14, as U.S. President Donald Trump's new tariffs stoked concerns over a global trade war that could weigh on oil demand O/R

** Lower crude prices reduce the average selling price for exploration companies, weighing on their earnings

** ONGC is top loser in Nifty 50 index .NSEI, which is down 1.1% .BO

** For the week, energy index down 2.7%, oil & gas 3.22% lower

** Nifty 50 set for 2.3% weekly loss

(Reporting by Yagnoseni Das in Bengaluru)

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** Oil India OILI.NS and Oil and Natural Gas Corp (ONGC) ONGC.NS fall up to 3% respectively

** Oil prices fell by over 3% after U.S. President Donald Trump announced sweeping new tariffs

** Nifty oil and gas index .NIFOILGAS is down 0.4%

** OILI is down 19.2% YTD while ONGC is up 1.8%

(Reporting by Ashish Chandra in Bengaluru)

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NEW DELHI, March 31 (Reuters) - India has raised the price of its locally produced gas from oil fields by nearly 4% to $6.75 per million metric British thermal units (mmBtu) for April, compared with $6.50/mmBtu for the previous month, a government website showed on Monday.

It is the first revision in two years in the price of gas produced from old fields. In 2023, India fixed a cap of $6.50 per mmBtu for two years with a provision of an annual upward revision of 25 cents from the third year.

India has also set the ceiling price for gas to be produced from difficult fields at $10.04 per mmBtu for April-September, compared to $10.16 per mmBtu in the previous six months, the website of the Petroleum Planning and Analysis Cell of the oil ministry showed.

The prices will be applicable on a gross heat value basis.

Higher prices of gas produced from oil fields will lead to higher earnings for Oil and Natural Gas Corp and Oil India while raising the prices for industrial buyers and companies in the fertiliser and city gas distribution sectors.

(Reporting by Nidhi Verma; Editing by Kirsten Donovan)

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By Neha Arora

NEW DELHI, March 28 (Reuters) - Four Indian state firms are in talks with Chilean miner SQM SQMA.SN to acquire a 20% stake in its two lithium projects in Australia for $600 million, four sources said, in New Delhi's biggest effort to secure supplies of the key EV battery metal.

Government-backed Khanij Bidesh India Ltd (KABIL) has partnered with Coal India COAL.NS, Oil India OILI.NS, and ONGC Videsh ONVI.NS to seek the 20% stake in SQM's Mount Holland and Andover lithium projects in Western Australia, the sources said.

The sources did not wish to be named as the deliberations were not public.

SQM is the world's second-largest lithium producer.

India, the world's fastest-growing major economy, has intensified efforts to secure a steady supply of lithium, anticipating a surge in demand for the EV battery metal, which is critical to reducing carbon emissions from the world's third-largest emitter.

"This is so far India's biggest attempt to secure lithium supplies overseas," one of the sources said. "The due diligence is on, and the companies have expressed their interest with an initial offer."

KABIL, along with the three state companies, is in the process of appointing a mergers and acquisitions adviser for the deal, the sources said.

SQM, KABIL, Coal India, Oil India, and ONGC Videsh did not respond to Reuters' requests for comment.

India's plans to acquire stakes in SQM's projects have not been reported previously.

New Delhi formed KABIL - a joint venture between the state-owned National Aluminium Company, Hindustan Copper, and Mineral Exploration and Consultancy - a few years ago to acquire, develop, and process strategic minerals overseas for use in India.

India has recently stepped up efforts to secure overseas agreements for accessing critical minerals in resource-rich nations like Argentina, Australia, and Chile.

New Delhi is also exploring an initial agreement with cobalt-rich Congo.

Last year, KABIL signed an exploration and development agreement with a state-owned firm in Argentina for the exploration and mining of five lithium blocks.

Amid growing energy needs, India is trying to encourage EV production to reduce its reliance on fossil fuels.

EV sales in India accounted for just 2.5% of the 4.3 million cars sold in 2024, but their 20% growth rate outpaced the overall car market's 5% growth. Analysts expect sales to double in 2025 from 100,000 units in the previous year, mainly due to new launches.

(Reporting by Neha Arora; additional reporting by Melanie Burton in Melbourne; editing by Mayank Bhardwaj and Sonali Paul)

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Corrects paragraph to show throughput fell 4.5%, not rose

March 25 (Reuters) - Indian refiners' throughput in February fell 4.5% year on year to 5.12 million barrels per day (21.67 million metric tons), provisional government data showed on Tuesday.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.

(Reporting by Rahul Paswan in Bengaluru
Editing by David Goodman)

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March 3 (Reuters) - United Drilling Tools Ltd UNDR.NS:

• UNITED DRILLING TOOLS LTD - GETS 80.8 MILLION RUPEES ORDER FROM OIL INDIA

Source text: ID:nBSE8lQHS7

Further company coverage: UNDR.NS

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** India's Nifty Energy index .NIFTYENR and Nifty Oil & Gas .NIFOILGAS trade down 1.1% and 1.3%, respectively

** Both have dropped 5.7% and 4.9%, respectively, in the past four sessions amid a broader sell-off in markets, with the benchmark Nifty 50 .NSEI down 2.6% during the same period .BO

** Heavyweights Reliance Industries RELI.NS and ONGC ONGC.NS down 3.4% and 8.7%, respectively, during the period

** Concerns over global trade war after U.S. President Donald Trump said on Sunday he would impose reciprocal tariffs on several nations continue to rattle Indian stocks

** Oil India OILI.NS has dropped ~3% since February 10 on missing Q3 profit estimates; Gujarat Gas GGAS.NS down 13% since February 6 after lower Q3 results and as analysts flagged headwinds

** Eleven of 13-major sectoral indexes are trading in red on the day

** Year-to-date, NIFTYENR, NIFOILGAS, NSEI have lost 11.5%, 7% and 3%, respectively

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Oil India OILI.NS drop 4.1% to 407.45 rupees

** State-run explorer on Friday posted Q3 profit below estimates on lower realisations

** At least five brokerages cut PT on stock post results, with mean price target of 17 brokerages falling to 600.71 rupees from 620.18 earlier - LSEG data

** Stock top pct loser on Nifty energy index .NIFTYENR, which is down 1.7%

** OILI rated "buy" on avg, same as peer ONGC ONGC.NS - LSEG data

** OILI up 1.7% YTD vs ~8% loss in NIFTYENR

(Reporting by Manvi Pant in Bengaluru)

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Feb 7 (Reuters) - State-run explorer Oil India OILI.NS reported a third-quarter profit that missed analysts' estimates on Friday, as lower selling prices outweighed buoyant demand in the world's third-biggest oil consumer.

The company's standalone net profit, which excludes earnings from its joint ventures and overseas operations, decreased 22.9% to 12.22 billion rupees ($139.7 million) in the quarter.

It also missed analysts' average estimate of 16.46 billion rupees, as per data compiled by LSEG.

Oil India's crude oil price realisation, or the price at which it sells the product, dropped 12.3% to $73.82 per barrel amid a fall in global oil prices and rising supplies.

That overshadowed the rise in fuel consumption during the quarter due to higher manufacturing and industrial activity.

As a result, the company, which operates exploration and production facilities mainly in the country's northeast, reported a nearly 10% decline in revenue to 52.40 billion rupees.

Last month, ONGC ONGC.NS also missed analysts' profit expectations for the quarter due to lower crude realisations.

($1 = 87.4810 Indian rupees)

(Reporting by Manvi Pant and Yagnoseni Das in Bengaluru; Editing by Varun H K and Savio D'Souza)

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SINGAPORE, Feb 4 (Reuters) - India's Mangalore Refinery and Petrochemicals Ltd MRPL.NS issued a tender seeking crude oil, a company document showed on Tuesday.

The refiner is seeking cargoes of 1 million or 2 million barrels on a free-on-board (FOB) or cost-and-freight (C&F) or delivered at port (DAP) basis, it said, without specifying a delivery period.

The tender will close on Feb. 6 with offers valid on the same day.

MRPL did not award a tender it issued last month after harsher U.S. sanctions disrupted Russian supply to top buyer India.

(Reporting by Florence Tan, Editing by Louise Heavens)

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Jan 31 (Reuters) - Oil India Ltd OILI.NS:

• OIL INDIA - INCORPORATED WHOLLY OWNED SUBSIDIARY OIL GREEN ENERGY

Source text: ID:nNSERplcm

Further company coverage: OILI.NS

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Jan 27 (Reuters) - Indian refiners' throughput in December rose 5.2% year-on-year to 5.64 million barrels per day (23.87 million metric tons), provisional government data showed on Monday.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.

(Reporting by Rahul Paswan in Bengaluru; Editing by Rashmi Aich)

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Jan 21 (Reuters) -

• ARGENTINA'S STATE CO YPF'S CHIEF EXEC HORACIO D MARIN: YPF SIGNED ENERGY MOUS WITH INDIA'S STATE-RUN ENERGY COS

• ARGENTINA'S STATE CO YPF'S CHIEF EXEC HORACIO D MARIN: YPF SIGNS MOUS WITH GAIL INDIA, OIL INDIA AND ONGC VIDESH

• YPF'S CHIEF EXEC: SIGNS MOU FOR LNG EXPORTS TO INDIA, OIL GAS PRODUCTION PARTNERSHIPS

• ARGENTINA YPF'S CHIEF EXEC: SIGNS MOU WITH INDIA FOR COOPERATION IN LITHIUM, NEW MINERALS MINING

• ARGENTINA'S STATE CO YPF'S CHIEF EXEC HORACIO D MARIN: YPF KEEN TO SELL 10 MTPA LNG TO INDIA

Source text: [ID:]

Further company coverage: GAIL.NS

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Adds more details throughout

Dec 23 (Reuters) - Indian refiners' crude processing in November fell 0.1% year-on-year to 5.29 million barrels per day (21.64 million metric tons), provisional government data showed on Monday.

Total crude oil production fell about 2.1% to around 574,000 barrels per day (2.35 million tonnes) year-on-year, the data showed.

India, which is the world's third-biggest oil importer and consumer, saw demand rising by 9.3% year-on-year to 20.43 million metric tons in November, its highest level since May, based on oil ministry data earlier this month, driven by strong economic and travel activity.

India's crude oil imports rose 2.6% year-on-year to 19.07 million metric tons in November, data from the Petroleum Planning and Analysis Cell's website showed. On a monthly basis, crude oil imports were down 3.2% from 19.71 million metric tons in October.

In November, the Middle East's share of India's crude oil imports oil hit a 9-month high, while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed.

Some refiners reduced intake of Russian oil due to maintenance turnarounds at their plants and continued to lift committed volumes under annual contracts with Middle Eastern producers, an India refining official said.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.

(Reporting by Anushree Mukherjee in Bengaluru, additional reporting by Sherin Elizabeth Varghese in Bengaluru.
Editing by Tomasz Janowski and Jane Merriman)

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** South West Pinnacle Exploration SWPI.NS jumps 9.5% to 159 rupees

** Mining support equipment maker gets letter of award for order worth 600 mln rupees ($7.1 mln) from Oil India OILI.NS for oil and gas exploration services in North Eastern India

** Stock set to gain after two straight sessions of losses

** SWPI down ~5.9% YTD

($1 = 85.0450 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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Dec 18 (Reuters) - Oil India Ltd OILI.NS:

• APPOINTS ABHIJIT MAJUMDER AS CFO EFFECTIVE DEC 18, 2024

Source text: ID:nBSE10wWG9

Further company coverage: OILI.NS

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Dec 6 (Reuters) - Oil India Ltd OILI.NS:

• OIL INDIA - PAID THIRD CALL OF 5.51 BILLION RUPEES TO NUMALIGARH REFINERY AGAINST RIGHT ISSUE ALLOTMENT

Source text: ID:nBSE8dnNsX

Further company coverage: OILI.NS

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NEW DELHI, Nov 26 (Reuters) - State-run explorer Oil India OILI.NS plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.

The company has already deployed over 20 rigs, including one offshore rig, Rath added.

Oil India is also searching for an additional offshore drilling rig for the Kerala-Konkan basin, alongside other onshore drilling rigs, he said.

(Reporting by Nidhi Verma; Editing by Tasim Zahid)

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Adds details and comments

Nov 22 (Reuters) - Indian refiners' throughput in October rose over 3% year-on-year to 5.04 million barrels per day (21.3 million metric tons), provisional government data showed on Friday.

"As exports didn’t rise m/m (month-on-month) the refinery increase is the result of higher domestic demand, which still benefits from solid economic growth in India," said UBS analyst Giovanni Staunovo.

India's crude oil imports rose about 3.9% in October to 19.52 million metric tons on a monthly basis, while total product exports plunged over 22%, government data showed.

India, the world's third-biggest oil importer and consumer, saw demand rising by 2.9% year-on-year in October to 20.04 million tons, oil ministry data showed earlier this month, driven by strong economic activity.

Meanwhile, India's monthly intake of Russian oil increased by 3.3% in October to a three-month high of 1.95 million barrels per day (bpd), accounting for about two-fifths of overall imports, data provided by trade sources show.

The country's state-run Hindustan Petroleum Corp Ltd HPCL.NS is looking at raising its annual crude import deal with Iraq to 100,000 barrels per day (bpd) in 2025, up about 43% from this year, a company source said.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.

(Reporting by Sherin Elizabeth Varghese and Anjana Anil in Bengaluru. Editing by Mark Potter)

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** Shares of Oil India OILI.NS rise as much as 4% to 491.45 rupees

** Stock on track to snap seven consecutive sessions of loss, if trend holds

** Oil explorer hit session high after it partnered with TotalEnergies TTEF.PA to carry out methane emissions detection and measurement using the French company's technology at OILI sites in India

** OILI opened higher and traded with gains ahead of the announcement amid a broad-based rebound in markets

** Newspaper Mint on Monday reported, citing two people, that Indian government had decided to scrap windfall tax

** Avg rating on stock of 17 analysts equivalent of "buy", median PT is 659 rupees - LSEG data

** Stock up 95.9% YTD

(Reporting by Ashish Chandra in Bengaluru)

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By Sethuraman N R

Nov 12 (Reuters) - India, the world's No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri told Reuters on Tuesday.

While global refining centers are downsizing as energy transition progresses at an unpredictable pace, India's rising daily crude utilization means it will rely on fossil fuels until at least 2040, Puri said at the sidelines of a refining conference in Bengaluru.

"Our existing refineries will increase in terms of capacity and they will also become regional hubs in terms of providing to other countries," Puri said.

India, the world's third-largest emitter of greenhouse gases, has pledged to achieve a net zero carbon emission target by 2070. It has a target of 500 gigawatts (GW) of renewable energy by 2030.

Puri reiterated that India is looking to scale its refining capacity by 81% to as much as 450 metric tonne per annum (mtpa), from about 249 mtpa, or about 5 million barrels per day (bpd), currently. He did not provide a timeline.

The minister said there are "robust discussions" among state-owned and private refiners to scale beyond 310 mtpa, which might be achieved even before the targeted 2028.

Smaller refineries will no longer be economically viable, Puri said.

Bharat Petroleum Corp Ltd (BPCL) BPCL.NS is exploring building a new 180,000-300,000 bpd oil refinery in southern Andhra Pradesh state or northern Uttar Pradesh state.

Meanwhile, Hindustan Petroleum Corp Ltd (HPCL) HPCL.NS is expected to start operations at its 180,000 bpd Barmer refinery in the desert state of Rajasthan late this year or early next year.

(Reporting by Sethuraman NR and writing by Yagnoseni Das in Bengaluru; Editing by Savio D'Souza)

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Oil India Ltd OILI.NS:

• OIL INDIA - OIL INDIA WINS CRITICAL MINERAL BLOCK IN ARUNACHAL PRADESH

• OIL INDIA- WINS CRITICAL MINERAL BLOCK IN ARUNACHAL PRADESH

• OIL INDIA - SELECTED AS PREFERRED BIDDER FOR PHOP GRAPHITE, VANADIUM BLOCK IN ARUNACHAL PRADESH

• OIL INDIA- SELECTED AS PREFERRED BIDDER FOR PHOP GRAPHITE, VANADIUM BLOCK

Source text: ID:nBSE1CLhRr

Further company coverage: OILI.NS

** Shares of Oil India OILI.NS jump 5.9% to 524.8 rupees

** Stock set for its best day in over two months

** Oil explorer reports six-fold rise in Q2 profit as excise duty costs slumped 52% after India scrapped windfall tax

** Analysts' avg rating on stock is "buy", same as peer ONGC ONGC.NS - LSEG data

** Median PT on OILI is 700 rupees - LSEG data

** OILI up ~112% YTD, outperforming 31% gains in ONGC

($1 = 84.2450 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Nov 5 (Reuters) - State-run explorer Oil India OILI.NS reported a smaller-than-expected second-quarter profit on Tuesday, weighed down by lower crude prices and tepid fuel demand.

Its standalone profit grew nearly six-fold to 18.34 billion rupees (about $218 million) in the three months ended Sept. 30, but was lower than analysts' expectations of 18.72 billion rupees, according to data compiled by LSEG.

Oil India's standalone earnings exclude profit from its joint ventures and operations outside the country.

Data from India's oil ministry showed that fuel demand dipped domestically during the quarter, as above-average rainfall reduced the need for diesel-powered irrigation and farm machinery usage. Sales of automobiles, another key diesel demand driver, also dropped.

Meanwhile, global crude oil prices [LCOc1] slumped nearly 17% in the three-month period, further hurting the explorer's bottom line.

Oil India, which operates exploration and production assets mostly in the northeastern part of the country, said its revenue from operations fell 6.6% to 55.18 billion rupees, missing estimates.

Analysts on average expected revenue of 57.73 billion rupees.

The company's quarterly profit rise was aided by a 52% decline in excise duty costs to 2.73 billion rupees as India this year scrapped the windfall tax it had levied on petroleum crude in 2022.

The scrapping of the windfall tax on crude oil came as global oil prices softened in comparison to 2022.

Peer ONGC ONGC.NS is set to report its quarterly results later in the month.

($1 = 84.0870 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Abinaya Vijayaraghavan)

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Oct 29 (Reuters) - Indian refiners' throughput in September rose over 4% year-on-year to 5.17 million barrels per day (21.17 million metric tons), provisional government data showed on Tuesday.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.

(Reporting by Ashitha Shivaprasad in Bengaluru)

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