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

    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.

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

    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

    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.

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

    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.

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

    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

    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

    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.

  • HPCL-MRPL merger brings a lot of synergies & makes lot of sense: HPCL

    HPCL-MRPL merger brings a lot of synergies & makes lot of sense: HPCL

    In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke about the latest happenings in his company and sector. “Merger of HPCL and MRPL brings a lot of synergies in the system because they are independent refining companies and we have got the shortage of the refining capacities. So that definitely makes a sense,” he said.

  • Gas price hike to add Rs 4,400cr to profit: ONGC

    Gas price hike to add Rs 4,400cr to profit: ONGC

    In an interview to CNBC-TV18, Sudhir Vasudeva, CMD of ONGC spoke about the latest happenings in the company and the road ahead.

  • Do not expect fall in crude prices in near-term: MRPL

    Do not expect fall in crude prices in near-term: MRPL

    USD 106 per barrel is how much the crude prices could slip to but it will not ease the process of importing crude too much to a country like India. It will be pretty much unchanged. In an interview to CNBC-TV18, PP Upadhya, MD of MRPL spoke about whether the crude prices will impact them or not.

  • MRPL to eye other sources if Iranian oil unavailable in Apr

    MRPL to eye other sources if Iranian oil unavailable in Apr

    PP Upadhya, MD, MRPL told CNBC-TV18 that the company is not sure whether they are going to import Iranian oil in the month of April because of the uncertainty over the insurance.

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