MRPL was largest single-location PSU refiner in India in 2022-23
1 year, 4 months ago

MRPL was largest single-location PSU refiner in India in 2022-23

The Hindu  

Mangalore Refinery and Petrochemicals Limited, a subsidiary of ONGC, has become the largest PSU refinery in India for 2022-23. This was also the highest-ever throughput processed by any single-location PSU refinery in India’s petroleum refining history. MRPL processes 10% of the total crude oil refined by PSU petroleum refineries in India. It is capable of producing almost a full range of petroleum products, like Naphtha, LPG, Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen, along with Pet Coke and Polypropylene.

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History of this topic

MRPL posts ₹66 crore net profit in Q1 of 2024-25
5 months ago

MRPL posts ₹66 crore net profit in Q1 of 2024-25

The Hindu  

Mangalore Refinery and Petrochemicals Ltd., on Monday, announced that it had made ₹66 crore net profit during the first quarter of the financial year 2024-25. MRPL’s Board of Directors at their 264th meeting on Monday approved the company’s limited reviewed standalone and consolidated financial results for Q1 ending June 30, said a release. As against the gross refining margin of …

ONGC's first oil from 98/2 block goes to MRPL
9 months, 2 weeks ago

ONGC's first oil from 98/2 block goes to MRPL

Hindustan Times  

ONGC in January started oil production from its Krishna Godavari basin KG-DWN-98/2 block, lying in Andhra offshore. HT Image "The first crude oil cargo from #ONGC Deepwater Krishna Godavari basin has reached ONGC subsidiary @Ongc_Mrpl Mangalore Refinery and Petrochemicals Limited," ONGC said in a post on X. MRPL received the first cargo, loaded on a ship Swarna Sindhu on March …

MRPL revenue & profit down, but notches several firsts in Q1 of 2023-24
1 year, 4 months ago

MRPL revenue & profit down, but notches several firsts in Q1 of 2023-24

The Hindu  

Mangalore Refinery and Petrochemicals Limited has achieved several firsts in production during the first quarter of financial year 2023-24 ending June 30, including highest-ever net throughput and highest-ever capacity utilisation. The refinery clocked highest-ever refinery throughput of 4.36 million tonnes, highest-ever capacity utilisation of 116.26% with 15 million tonnes of installed capacity, highest-ever production of motor spirit at 229.9 thousand …

MRPL posts ₹1,908 cr. profit after tax in Q4 of 2022-23 as against ₹3,008 cr. in Q4 of 2021-22
1 year, 7 months ago

MRPL posts ₹1,908 cr. profit after tax in Q4 of 2022-23 as against ₹3,008 cr. in Q4 of 2021-22

The Hindu  

The Mangalore Refinery and Petrochemicals Ltd on Friday, April 28, announced registering ₹1,908 crore profit after tax during the 4th quarter of 2022-23 as against ₹3,008 crore registered in Q4 of 2021-22. A release here said MRPL’s Board of Directors approved the Standalone and Consolidated Audited Financial Results of Q4 and the financial year 2022-23 at the 254th meeting held …

ONGC Likely to Merge HPCL with MRPL Post-June 2021: Chairman Shashi Shanker
4 years, 2 months ago

ONGC Likely to Merge HPCL with MRPL Post-June 2021: Chairman Shashi Shanker

News 18  

State-owned Oil and Natural Gas Corp is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp Ltd and Mangalore Refinery and Petrochemicals Ltd, post-June 2021, its chairman Shashi Shanker said on Friday. At a news conference post company’s annual general meeting, Shanker said HPCL sells more fuel than it actually produces at its refineries. HPCL Chairman …

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