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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.