MRPL

Mangalore Refinery and Hindustan Petroleum are likely to cut crude oil imports from Iran next fiscal as western sanctions against the Persian Gulf nation forces them to diversify their oil

RPP Infra Projects today said it has bagged new orders worth Rs 23 crore from Mangalore Refinery and Petrochemicals Ltd (MRPL) for civil and structural works.

The work order, which

Mangalore Refinery and Petrochemicals Ltd, the nation's biggest buyer of Iranian crude oil, today said it is looking at diversifying its oil purchase as imports from the Persian Gulf nation

It is not end of the road for crude oil imports from Iran for Mangalore Refinery and Petrochemicals (MRPL), which sources 60 per cent of its crude requirement from the

Mangalore Refinery and Petrochemical Ltd (MRPL) today reported more than doubling of its net profit in the fourth quarter ending March 31, 2011 on higher refining margins.

"Net profit was

Shares of Mangalore Refinery and Petrochemicals Ltd (MRPL) slipped by nearly 8 per cent in early trade on the BSE today, despite the company reporting a 21 per cent jump