Mangalore Refinery

Mangalore Refinery and Petrochemicals Ltd (MRPL) is transitioning crude oil purchases to a delivered-basis model to mitigate shipping risks and lower freight costs. The move aligns with broader industry trends to optimize supply chain logistics amid volatile maritime pricing. MRPL aims to secure more predictable pricing and operational stability for its refining operations.

Nov 2026thehindubusinessline.comNews article

Mangalore Refinery and Petrochemicals Ltd (MRPL) is increasing crude oil purchases on a delivered basis to mitigate shipping risks linked to the Iran war and lower freight costs. The move shifts reliance from spot market purchases to pre-arranged deliveries, reducing exposure to volatile shipping routes. MRPL’s finance head confirmed the strategy amid heightened geopolitical tensions in the region.

Nov 2026ETEnergyworld.comNews article

A fire at **MRPL’s 15-million-ton-per-year refining and petrochemical complex in Mangalore, Karnataka**, kills one worker and injures another on **September 30**. The incident occurs at a plant adjacent to the coker unit. Authorities investigate the cause and safety protocols at the facility.

Oct 2026ogj.comNews article

Mangalore Refinery and Petrochemicals Limited (MRPL) reports **Q1 revenue of INR 416.09 billion**, doubling year-over-year from INR 209.89 billion. A **one-time price revision gain on petroleum products** lifts net profit to **INR 9.15 billion**, reversing a prior-year loss of INR 2.72 billion. Excluding this gain, profit stands at **INR 4.43 billion** for April–June.

Jul 2026Informist MediaNews article