HPCL’s Big Refining Play—Will Vizag’s RUF Unit Redefine Profitability?

Unknown Apr 02, 2026 1,150 Views

Hindustan Petroleum Corporation Ltd (HPCL) is preparing to significantly ramp up the processing of Russian and Arab sour crude at its Visakhapatnam (Vizag) refinery, a move expected to boost gross refining margins (GRMs) from the current average of $8 to $12–14 per barrel. This strategic sh...