hindustan petroleum corp ltd.
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23 Results Found
  • HPCL board to consider share buyback on November 4 Oct 29, 2020 07:10 PM IST

    HPCL board to consider share buyback on November 4

    HPCL is the nation's second-biggest oil retailer. It owns two refineries – a 7.5 million tonnes unit in Mumbai and another 8.3 million tonnes facility at Visakhapatnam in Andhra Pradesh.

  • Hindustan Petroleum Corp raises Rs 2,000 crore debt Oct 23, 2020 06:53 PM IST

    Hindustan Petroleum Corp raises Rs 2,000 crore debt

    Coupon rate will be 4.79 percent per annum for the debt instruments which will mature on October 23, 2023.

  • HPCL Q4 net profit drops 99% on inventory, forex losses Jun 16, 2020 09:09 PM IST

    HPCL Q4 net profit drops 99% on inventory, forex losses

    HPCL recorded domestic sales volume of 9.25 million tonnes in the fourth quarter, against 10.03 million tonnes in the corresponding quarter of the previous financial year.

  • Hindustan Petroleum net trebles on inventory gains Feb 05, 2020 07:50 PM IST

    Hindustan Petroleum net trebles on inventory gains

    HPCL had a foreign exchange gain of Rs 82 crore in the December quarter as compared to a forex gain of Rs 557 crore a year back, Surana said.

  • HPCL refuses to recognise ONGC as its promoter Jul 22, 2019 05:12 PM IST

    HPCL refuses to recognise ONGC as its promoter

    Oil and Natural Gas Corp (ONGC) in January last year bought the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore. Following which, HPCL became ONGC's subsidiary.

  • City gas distribution rights to help oil marketing firms diversify: Fitch Mar 27, 2019 05:30 PM IST

    City gas distribution rights to help oil marketing firms diversify: Fitch

    IOC and Hindustan Petroleum Corp Ltd (HPCL) won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.

  • Hindustan Petroleum tops profit estimates Aug 08, 2018 06:08 PM IST

    Hindustan Petroleum tops profit estimates

    The state-controlled company said net profit jumped to 17.19 billion rupees ($250.50 million) in the three months ended June 30, from 9.25 billion rupees a year earlier.

  • Oil Minister Pradhan rules out review of daily fuel pricing Jun 04, 2018 06:39 PM IST

    Oil Minister Pradhan rules out review of daily fuel pricing

    The government had in June last year junked a 15-year old practice of revising rates every fortnight and introduced daily revisions which worked well except periods immediately preceding an election.

  • Petrol, diesel prices to change every day from May 1 Apr 12, 2017 01:58 PM IST

    Petrol, diesel prices to change every day from May 1

    State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own over 95 per cent of nearly 58,000 petrol pumps in the country, will launch a pilot for daily price revision in five select cities from May 1 and gradually extend it to all over the country.

  • Govt to soon clear $700 m oil dues to Iran as first tranche Sep 14, 2015 01:44 PM IST

    Govt to soon clear $700 m oil dues to Iran as first tranche

    The payments are being made after the July nuclear deal that Tehran has struck with western powers, allowing for suspension and eventual termination of sanctions.

  • IOC-Adani combine bid for CNG licence in 5 cities Jul 07, 2015 03:46 PM IST

    IOC-Adani combine bid for CNG licence in 5 cities

    Besides Haridwar, Indian Oil Corp (IOC) Adani combine bid for Tumkur, Belgaum and Dharward districts in Karnataka and Udham Singh Nagar in Uttarakhand, according to information available from Petroleum and Natural Gas Regulatory Board (PNGRB).

  • India skips Iran oil imports in March under US pressure Mar 31, 2015 04:44 PM IST

    India skips Iran oil imports in March under US pressure

    Iran and six world powers have ramped up the pace of negotiations this week ahead of the Tuesday deadline for reaching an initial accord on a final nuclear agreement. Both sides have warned it was crucial to overcome differences that could still wreck any chance at a deal.

  • ATF price hiked by 1%, non-subsidised LPG rate cut by Rs 53 Mar 02, 2014 12:00 PM IST

    ATF price hiked by 1%, non-subsidised LPG rate cut by Rs 53

    In Mumbai, jet fuel costs Rs 77,322.6 per kl as against Rs Rs 76,524.33 per kl previously, IOC said. Rates at different airports vary because of difference in local sales tax or VAT.

  • HPCL shuts CDU unit after fire at Visakhapatnam refinery May 17, 2013 02:10 PM IST

    HPCL shuts CDU unit after fire at Visakhapatnam refinery

    The fire, which was put out immediately, resulted in the shutting down of a 3 million tonnes a year crude distillation unit (CDU) at the refinery, one of the officials said.

  • HPCL to shut a crude unit at Vizag plant - company source Feb 12, 2013 08:12 PM IST

    HPCL to shut a crude unit at Vizag plant - company source

    Hindustan Petroleum Corp Ltd plans to shut a 40,000 barrels per day (bpd) crude distillation unit at its Vizag refiner for about a month from mid-April, a company source said on Tuesday.

  • Sensex rises, oil companies gain Dec 28, 2012 12:20 PM IST

    Sensex rises, oil companies gain

    The BSE Sensex gains 0.54 percent while the Nifty is up 0.56 percent. Oil companies were leading the gains after the Economic Times reported the petroleum ministry had proposed a gradual rise in diesel prices, by 1 rupee a litre every month over a 10-month period.

  • Barmer refinery unviable without all crude from Cairn: HPCL Dec 10, 2012 10:25 PM IST

    Barmer refinery unviable without all crude from Cairn: HPCL

    Hindustan Petroleum Corp Ltd (HPCL) has told the Oil Ministry that its proposed Rs 24,000 crore refinery at Barmer in Rajasthan will be unviable unless it is given all of the crude oil that Cairn India produces from oilfields in the state.

  • Japan's Inpex buys 26% stake in ONGC's KG basin block Nov 05, 2012 08:25 PM IST

    Japan's Inpex buys 26% stake in ONGC's KG basin block

    Japan's largest oil firm Inpex Corp has acquired 26 per cent stake in Oil and Natural Gas Corp's (ONGC) Krishna Godavari basin deepsea block, the Indian firm said today.

  • HPCL, BPCL, IOC shares extend fall Sep 07, 2012 01:00 PM IST

    HPCL, BPCL, IOC shares extend fall

    Shares in oil marketing companies including Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd extended fall after Oil Minister S. Jaipal Reddy said there was no immediate plan to raise fuel prices.

  • CCEA approves award of 5 oil & gas blocks Aug 23, 2012 07:41 PM IST

    CCEA approves award of 5 oil & gas blocks

    The Cabinet Committee on Economic Affairs (CCEA) today approved award of five more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP).

  • Oil India may take 10-15% stake in HPCL's Barmer refinery Aug 02, 2012 05:20 PM IST

    Oil India may take 10-15% stake in HPCL's Barmer refinery

    After Vedanta Resources plc and Engineers India Ltd, state-owned Oil India Ltd has evinced interest in taking a stake in Hindustan Petroleum Corp Ltd's planned 9 million tonnes a year refinery in Rajasthan.

  • HPCL mulls infusing Rs13k cr to boost Vizag refinery output Aug 24, 2011 08:50 PM IST

    HPCL mulls infusing Rs13k cr to boost Vizag refinery output

    State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest about Rs 13,000 crore to double the capacity of its Vizag oil refinery in Andhra Pradesh to 15 million tons a year in 3-4 years time.

  • Paid $150m to Iran through Turkey route: HPCL Aug 12, 2011 08:48 PM IST

    Paid $150m to Iran through Turkey route: HPCL

    State-owned Hindustan Petroleum Corp Ltd (HPCL) today said it has paid USD 150 million to Iran using a newly established conduit through Turkey and will clear the remaining oil dues, totalling over USD 1 billion, by next month.

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