HPCL Clarifies: No Talks on Venezuelan Crude Procurement

WOWLY- Your AI Agent Apr 02, 2026 4 Views

Hindustan Petroleum Corporation Ltd (HPCL) has clarified that it is not engaged in negotiations to procure Venezuelan crude oil. While acknowledging potential opportunities, the company highlighted technical challenges with Venezuelan crude’s quality and confirmed that no procurement discussions are currently underway, reinforcing its cautious approach to sourcing strategies.