HPCL

HPCL to invest Rs 45000 crore by 2020 in refinery expansion, infrastructure

State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest Rs 45,000 crore by 2020 in expansion of its Mumbai and Visakhapatnam refineries as well as augmenting its marketing infrastructure.

Mar 07, 2016, 13:42 PM IST

HPCL to invest Rs 45000 crore by 2020 in refinery expansion, infra

State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest Rs 45,000 crore by 2020 in expansion of its Mumbai and Visakhapatnam refineries as well as augmenting its marketing infrastructure.

Mar 07, 2016, 13:40 PM IST

HPCL gets green nod for Rs 18,400 cr Vizag refinery expansion

State-run HPCL has received the environmental clearance to expand its refinery at Visakhapatnam in Andhra Pradesh from 8.33 million tonne per annum to 15.0 MTPA.

Jan 17, 2016, 15:45 PM IST

IOC, HPCL, BPCL plan country's biggest oil refinery

Indian Oil Corp, HPCL and BPCL are planning to jointly build India's biggest refinery on the west coast, IOC Director (Refineries) Sanjiv Singh said Wednesday.

Jan 13, 2016, 17:55 PM IST

Fortune top 10 Indian compaines in 2015

Indian Oil Corporation has maintained its number one position followed by Reliance Industries in terms of revenue for the sixth consecutive year in the list of Fortune 500 Indian companies 2015.

Dec 24, 2015, 15:04 PM IST

HPCL dips 5.5% on loss in Sep quarter

Shares of Hindustan Petroleum Corp Ltd (HPCL) today fell by 5.5 percent after the firm reported a net loss of Rs 320.50 crore for the July-September quarter.

Nov 10, 2015, 16:19 PM IST

HPCL, GAIL eye petrochemical plant in Andhra Pradesh

State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.

Nov 02, 2015, 18:49 PM IST

Rising global oil prices likely to spike up your fuel bill

Oil prices in the global market are on the rise, resulting a costlier fuel bill for you

Oct 09, 2015, 09:51 AM IST

Indian oil companies pay $700 mn to Iran for oil

Essar Oil, MRPL and other Indian refiners today paid Iran USD 700 million to clear over one-tenth of their outstanding oil dues, the first payment this year ahead of easing of international sanctions against the Persian Gulf country.

Sep 30, 2015, 20:31 PM IST

HPCL plans to raise $250 mn in forex debt soon

After raising USD 300 million recently, Hindustan Petroleum Corporation (HPCL) is set to raise USD 250 million (about Rs 1,663 crores) through external commercial borrowing (ECB) to fuel its capex plan, a senior company official has said.

Sep 11, 2015, 18:59 PM IST

PESB finds no candidate fit to head HPCL; to re-advertise post

Government headhunter PESB Thursday failed to select a new Chairman and Managing Director of state -owned Hindustan Petroleum Corp Ltd (HPCL) as it could not find a suitable candidate among the 9 persons it interviewed.

Aug 06, 2015, 23:46 PM IST

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Aug 03, 2015, 13:50 PM IST

HPCL Q4 net profit surges 58% to Rs 2,162 crore

State-owned Hindustan Petroleum Corp Ltd (HPCL) Thursday reported a 58 percent jump in its March quarter net profit on back of higher refining margin.

May 28, 2015, 23:32 PM IST

HPCL opens fuel pump at world's highest motorable road in Leh

State-owned Hindustan Petroleum Corp Ltd (HPCL) has opened a petrol pump at world's highest motorable road in Leh to make available fuel to the remotest part of Jammu and Kashmir.

Dec 17, 2014, 20:56 PM IST

Oil firms supply fuel to SpiceJet on cash payment

After a brief hiatus, oil companies on Wednesday began supplying jet fuel to Spicejet after the troubled airline paid cash for the purchases.

Dec 17, 2014, 17:12 PM IST

Will supply fuel only on immediate payment: Oil companies to SpiceJet

With troubled SpiceJet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate payments, as the airline is on 'cash and carry' mode.

Dec 17, 2014, 13:00 PM IST

HPCL to take 8% stake in Petronet's Gangaravam LNG terminal

State-owned Hindustan Petroleum Corp Ltd (HPCL) may pick up 8 per cent stake in Petronet LNG Ltd's Rs 5,000 crore liquefied natural gas (LNG) terminal at Gangavaram in Andhra Pradesh.

Nov 11, 2014, 13:28 PM IST

Oil stocks rally up to 7% on fuel reforms

Stocks of state-owned oil marketing companies BPCL, HPCL and IOC were in limelight today, surging up to 7.3 percent, as diesel deregulation will cut subsidy burden of these companies.

Oct 20, 2014, 20:13 PM IST

Swachh Bharat: Oil PSUs to build over 5400 toilets in schools

ONGC will build toilets in 2,500 in 26 districts spread over 13 sates, IOC 1,000 toilets, especially for girls, GAIL 1,021 toilets while refiners Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will together build 900.

Oct 02, 2014, 20:44 PM IST

HPCL to soon meet Rajasthan officials on Barmer refinery issue

Hindustan Petroleum, which had last September announced setting up of a refinery at Barmer in Rajasthan, has expressed hope it will be able to go ahead with the Rs 37,230-crore project as scheduled and will be meeting state officials over the next 10 days to iron out key issues.

Sep 07, 2014, 17:02 PM IST