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  • Expect crude prices to remain stable in March; post healthy margins in Q4: HPCL Mar 07, 2018 11:04 AM IST

    Expect crude prices to remain stable in March; post healthy margins in Q4: HPCL

    MK Surana, CMD, HPCL is confident of posting healthy margins in the fourth quarter.

  • Expect growth trend to continue; crude oil to range in $62-68/bbl mark: HPCL Feb 28, 2018 04:01 PM IST

    Expect growth trend to continue; crude oil to range in $62-68/bbl mark: HPCL

    MK Surana, CMD, Hindustan Petroleum Corporation Ltd (HPCL) said usually during this season the Asian refineries shut down and so there is less demand for crude and on the other hand there is an increase in crude oil production in the US.

  • Foreign investment a welcome step as it will bring in better technology: MRPL Feb 28, 2018 03:55 PM IST

    Foreign investment a welcome step as it will bring in better technology: MRPL

    Mangalore Refinery and Petrochemicals (MRPL) is in focus after reports suggest that Saudi Aramco (Saudi Arabian Oil Company) mulls stake in Indian refineries. In an interview to CNBC-TV18, H Kumar, MD of MRPL spoke at length about the same.

  • Boards of ONGC, MRPL & HPCL yet to mull possibility of HPCL-MRPL merger: HPCL Jan 22, 2018 10:48 AM IST

    Boards of ONGC, MRPL & HPCL yet to mull possibility of HPCL-MRPL merger: HPCL

    The Hindustan Petroleum Corporation (HPCL)-Oil and Natural Gas Corporation (ONGC) deal is through the final lap. In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke at length about deal.

  • Boost for OMCs: GST rate on transportation of petroleum, crude & its products cut Jan 19, 2018 10:15 AM IST

    Boost for OMCs: GST rate on transportation of petroleum, crude & its products cut

    The good and services tax (GST) rate on transportation of petroleum, crude and its products has been cut to 12 percent from 18 percent earlier. In an interview to CNBC-TV18, MK Surana, CMD of Hindustan Petroleum Corporation (HPCL) spoke at length about the same.

  • Target to complete Barmer refinery by 2020-2023: HPCL Jan 17, 2018 08:55 AM IST

    Target to complete Barmer refinery by 2020-2023: HPCL

    Prime Minister Narendra Modi inaugurated Hindustan Petroleum Corporation Ltd’s (HPCL) Barmer Refinery yesterday and CNBC-TV18’s Anshu Sharma caught up with the CMD of HPCL MK Surana and asked him about the size and investment of this new plant.

  • No specific directive from government on fuel prices: HPCL Jan 02, 2018 11:56 AM IST

    No specific directive from government on fuel prices: HPCL

    Lots of factors impacting the Hindustan Petroleum Corporation Ltd (HPCL) stock, while Brent is trading above the USD 67 per barrel mark, reports indicate there has been a withdrawal of the hike in liquefied petroleum gas (LPG) prices. As far as the domestic LPG and the public distribution system (PDS) kerosene is concerned, which are the controlled products right now, the under-recovery is being reimbursed by the government, MK Surana, CMD of HPCL told CNBC-TV18.

  • Expect crude prices to be between USD 60/bbl & USD 65/bbl: HPCL Dec 13, 2017 12:25 PM IST

    Expect crude prices to be between USD 60/bbl & USD 65/bbl: HPCL

    Crude prices have been on the rise this year with a 40 percent gain for Brent since June. In an interview with CNBC-TV18, MK Surana, CMD of Hindustan Petroleum Corporation Ltd (HPCL) assessed the impact on their business.

  • TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study Dec 08, 2017 12:19 PM IST

    TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study

    Ajanta Pharma retains the tag of fastest wealth creator for the third time in a row and Asian Paints is the most consistent wealth creator, said the wealth creation study

  • Upgrade to help reduce interest rate cost by 30-50 bps: HPCL Nov 17, 2017 03:53 PM IST

    Upgrade to help reduce interest rate cost by 30-50 bps: HPCL

    If rupee continues to strengthen, the crude cost may reduce, MK Surana, CMD of HPCL said.

  • Expect crude to remain in USD 55-65/bbl range: HPCL Nov 10, 2017 01:10 PM IST

    Expect crude to remain in USD 55-65/bbl range: HPCL

    In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke about the results and his outlook for the company.

  • Robust gas prices to aid topline & bottomline; see higher volumes: ONGC Oct 31, 2017 01:51 PM IST

    Robust gas prices to aid topline & bottomline; see higher volumes: ONGC

    Oil and Natural Gas Corp (ONGC) posted good set of second quarter earnings and is set for a strong third quarter earnings on back of higher crude prices. Throwing more light on the earnings and the outlook going forward AK Srinivasan, Director-Finance, ONGC said for every USD 1 crude change for a full volume of one year, we have topline will increase by Rs 900 crore and profit will increase by Rs 400 crore.

  • Investors have started believing in India growth story: HPCL Oct 11, 2017 03:43 PM IST

    Investors have started believing in India growth story: HPCL

    From the side-lines of CERAWeek India Energy Forum, CNBC-TV18’s Anshu Sharma caught up with MK Surana, CMD of Hindustan Petroleum Corporation Ltd (HPCL).

  • Reduction in excise duty affirms the process of price-setting: HPCL Oct 05, 2017 09:54 AM IST

    Reduction in excise duty affirms the process of price-setting: HPCL

    In an interview to CNBC-TV18, MK Surana, CMD of Hindustan Petroleum Corporation (HPCL) said that oil marketing companies (OMCs) build prices depending on international rates.

  • Government appointed advisors to decide on valuations of company: HPCL Sep 26, 2017 12:29 PM IST

    Government appointed advisors to decide on valuations of company: HPCL

    Oil and Natural Gas Corporation (ONGC) will acquire Hindustan Petroleum Corporation (HPCL) later this year in a block deal at the prevailing market price and that would happen at some point during October or November.

  • Movement in domestic oil prices is as per movement in international oil prices: HPCL Sep 14, 2017 10:16 AM IST

    Movement in domestic oil prices is as per movement in international oil prices: HPCL

    Even as petrol and diesel prices move closer to their highest level in three years, Petroleum Minister Dharmendra Pradhan met the heads of oil marketing companies (OMCs) and assured them that there will be no intervention and the "market-driven" mechanism will continue to determine prices. In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke about the latest happenings in his company and sector.

  • Expect Q2 net GRMs to be better than Q1; don’t expect much inventory loss: HPCL Sep 05, 2017 10:39 AM IST

    Expect Q2 net GRMs to be better than Q1; don’t expect much inventory loss: HPCL

    In an interview to CNBC-TV18 MK Surana, CMD, HPCL discussed the impact of hurricane Harvey on gasoline and gas oil prices and the benefits to companies like theirs.

  • Expect financial performance of FY18 to be better than previous year: ONGC Sep 04, 2017 02:09 PM IST

    Expect financial performance of FY18 to be better than previous year: ONGC

    In an interview to CNBC-TV18, AK Srinivasan, Director-Finance at Oil and Natural Gas Corporation (ONGC) shared his FY18 outlook.

  • Will complete ONGC-HPCL integration this financial year, says Dharmendra Pradhan Jul 24, 2017 02:09 PM IST

    Will complete ONGC-HPCL integration this financial year, says Dharmendra Pradhan

    CNBC-TV18's Anshu Sharma asked oil minister Dharmendra Pradhan about the timeline for the integration of Hindustan Petroleum Corporation (HPCL) and Oil and Natural Gas Corporation (ONGC) now that the Cabinet Committee on Economic Affairs (CCEA) has given the nod.

  • ONGC-HPCL transaction won't be as simple as looking currently, says IIFL Jul 20, 2017 11:45 AM IST

    ONGC-HPCL transaction won't be as simple as looking currently, says IIFL

    The government has given the go-ahead for oil and gas explorer Oil and Natural Gas Corporation (ONGC) to acquire the centre's 51 percent stake in retail company Hindustan Petroleum Corporation Ltd (HPCL).

  • ONGC, HPCL remaining independent listed cos makes sense; MRPL merger good: HPCL CMD Jul 20, 2017 10:49 AM IST

    ONGC, HPCL remaining independent listed cos makes sense; MRPL merger good: HPCL CMD

    MRPL merging with HPCL makes logical sense and will be a big positive for the company, said MK Surana, CMD, HPCL.

  • To continue creating value for stakeholders; maintain GRMs at $5.5-6/bbl: HPCL Jul 13, 2017 11:16 AM IST

    To continue creating value for stakeholders; maintain GRMs at $5.5-6/bbl: HPCL

    Crude oil prices are unlikely to go above USD 60 per barrel and would more likely remain in USD 45-55/bbl range, said MK Surana, CMD, HPCL.

  • ONGC-HPCL deal likely to happen in month of July itself: Former ONGC Chairman Jul 13, 2017 10:41 AM IST

    ONGC-HPCL deal likely to happen in month of July itself: Former ONGC Chairman

    Oil marketing majors gained in trade yesterday following the Oil Minister, Dharmendra Pradhan's assurance that the Oil and Natural Gas Corporation-Hindustan Petroleum Corporation Ltd (ONGC-HPCL) merger, to create a mega oil public sector undertaking (PSU), will be completed in FY18. In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC and Vidyadhar Ginde, Oil & Gas analyst at ICICI Securities shared their views about the same.

  • Confidence Petroleum's subsidiary commissions new unit to manufacture LPG cylinders Jun 28, 2017 12:14 PM IST

    Confidence Petroleum's subsidiary commissions new unit to manufacture LPG cylinders

    Confidence Petroleum's subsidiary commissioned new unit to manufacture liquefied petroleum gas (LPG) cylinders. The company manufactures LPG and auto LPG cylinders as well as markets commercial LPG. In an interview to CNBC-TV18, Nitin Khara, MD of the company spoke about latest happenings in the company as well as sector.

  • Expect crude prices to be in range of USD 50-55/bbl: ONGC Jun 27, 2017 10:33 AM IST

    Expect crude prices to be in range of USD 50-55/bbl: ONGC

    Crude prices have fallen by close to about 10 percent in the last one month. Will it impact the earnings of Oil and Natural Gas Corporation (ONGC)? “We expect the crude prices to come around USD 50 per barrel to USD 55 per barrel range,” AK Srinivasan, Director-Finance at ONGC told CNBC-TV18.

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