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An explosion was reported at MRPL (Mangalore Refinery and Petrochemicals Ltd) in Mangaluru at around 12.20 pm on Wednesday. Fire engines have rushed to the scene.The exact cause of the explosion is not yet known. More details are awaited.(This is a developing story)
Spot premiums for Middle East crude benchmarks Oman and Murban declined as supply concerns eased, while Dubai held steady. Reuters also reported Iraq's SOMO offered steeper discounts for October-loading oil and Indian Oil Corp sought crude via a spot tender.
Shares of Mangalore Refinery and Petrochemicals Ltd (MRPL) fell as much as 10% from the day's high on Wednesday after an explosion-like incident was reported at the company's refinery facility near Jokatte in Mangaluru.The stock gained further to touch a day's high of ₹180.75. However, it tumbled a…
Explosion reported at the third phase of the state-run refinery in Mangaluru; cause unknown, fire being doused, and no casualties reported, a spokesperson says.
Reuters says an explosion was reported at the third phase of the MRPL refinery in Mangaluru, with MRPL emergency teams responding, citing local media.
Local media said an explosion occurred at the third phase of the MRPL refinery in Mangaluru; MRPL emergency teams were responding.