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NewsMangalore Refinery and Petrochemicals Ltd

Mangalore Refinery and Petrochemicals Ltd News

26 May 2024

IOC, GAIL, ONGC Fined for 4th Straight Quarter For Failure To Appoint Director

The companies were slapped a fine of Rs 5,42,800 each for the third quarter (October-December 2023).

Mangalore Refinery and Petrochemicals Ltd

01 Dec 2017

MRPL makes its first US oil purchase

MRPL bought a 1 million-barrel cargo for a Feb. 1-10 delivery.

12 Oct 2016

India receives 1st parcel of Iranian oil for strategic storage

India has imported the first parcel of Iranian oil to partly fill the underground strategic oil storage it has built at Mangalore.

Mangalore Refinery and Petrochemicals Ltd

12 May 2016

MRPL hopeful of resolving opposition to land acquisition

Vishwesha Tirtha Swami of Pejawar Mutt is opposing the government providing 1,050 acres of land for the expansion of MRPL, contending that the farmers of the region were totally against the land acquisition.

07 Feb 2016

Iran asks India to clear dues worth $6 bn in euros within six months

With US lifting sanctions, Iran has told Indian authorities that the three-year old mechanism, paying 45 percent of oil import bill in rupees and keeping the remaining 55 percent pending for payment channels to clear, has come to an end.

04 Oct 2015

India to pay another $700 mn to Iran on Oct 12

India will pay the second tranche of USD 700 million to Iran to clear part of past oil dues on Oct 12 since the dilution of trade sanctions by the US and five other world powers in July. In an accord, Iran had agreed to restrict its nuclear programme in exchange of easing of sanctions, which had crippled its oil economy.

24 May 2015

RIL to restart petrol pump network by March next year

"Reliance plans to re-commission the entire network of 1,400 outlets by the end of FY 2015-16. As on March 31, 2015, over 300 outlets are operational," the company said in its latest annual report.

Mangalore Refinery and Petrochemicals Ltd

09 Apr 2015

Mangalore Refinery eyes OMPL's $1 bn petchem plant

The board of Mangalore Refinery and Petrochemicals Ltd (MRPL) on Thursday set up a committee of directors to explore the possibility of taking over a USD 1 billion petrochemical plant adjacent to its refinery.

20 Nov 2014

India makes another $400 mn payment to Iran

Mangalore Refinery and Petrochemicals Ltd, the nation's largest buyer in the public sector, paid USD 154 million (about Rs 950 crore), while private sector Essar Oil paid about USD 201 million, industry sources said.

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