IOC and HPCL fight over rights to Ravva crude

Vol 6, PW 22 (15 Jan 03) Midstream, Downstream, Renewables

ARGUMENT CONTINUES BETWEEN Indian Oil and Hindustan Petroleum over the rights to buy high-quality crude from the Ravva oilfield. HPCL's Vizag refinery has been the government "nominated buyer" for Ravva crude since the PSC was signed in 1994. ...