U.S. Oil Boom Boosts HPCL, IOC
  • Prabha Hedge
  • Mar 06 2014

March 6: The U.S. shale gas boom may come as a boon for Indian oil refiners. According to Bloomberg, HPCL, IOC and Mangalore Refineries are negotiating better oil-contract payment terms with Saudi Arabia and Kuwait. Bloomberg's Debjit Chakraborty shares more details on the same.