HPCL's refinery at Ratnagiri hinges on green clearance

Last Updated: Thursday, August 30, 2012, 19:31

State-owned Hindustan Petroleum Corp Ltd's planned USD 4 billion refinery at Ratnagiri in Maharashtra would depend on lifting of environmental moratorium on projects in that region, Parliament was informed on Thursday.

HPCL reports Q1 net loss of Rs 9,249 cr

Last Updated: Thursday, August 9, 2012, 20:53

HPCL's net loss of Rs 9,248.80 crore in April-June, as compared to a net loss of Rs 3,080.26 crore a year ago, was the second biggest loss posted by a company in India.

OIL keen to take up to 10-15% stake in HPCL's Barmer refinery

Last Updated: Thursday, August 2, 2012, 18:00

Cash-rich OIL is keen to take up to 10-15 percent stake in refinery HPCL plans to build near the Barmer oil finds of Cairn India.

HPCL stops fuel supply to Kingfisher, resumes after payments

Last Updated: Tuesday, June 19, 2012, 18:36

HPCL had a few months back put Kingfisher on cash- and-carry requiring the Vijay Mallya-run airline to make daily payments before fresh aviation turbine fuel (ATF) supplies are made.

HPCL keen on oil refinery at Barmer in Rajasthan

Last Updated: Tuesday, June 5, 2012, 18:37

HPCL, which owns a refinery at Mumbai and Visakhapatnam in Andhra Pradesh and is equal partner in the just commissioned Bhatinda refinery in Punjab, is keen to take up the project, sources privy to the development said.

HPCL Q4 profit jumps four-fold to Rs 4,630 crore

Last Updated: Tuesday, May 29, 2012, 22:00

State-owned Hindustan Petroleum Corp Ltd (HPCL) on Tuesday reported a four-fold jump in its net profit in the March quarter on back of lump sum subsidy it received from the government to cover for fuel losses in the 2011-12 fiscal.

Vizag refinery capacity expansion likely by 2015-16: HPCL

Last Updated: Sunday, May 20, 2012, 16:23

Hindustan Petroleum Corporation Ltd (HPCL) expects to expand the Vizag Refinery plant to 15 million tonnes by 2015-16, a top official of the state-owned oil firm said.

HPCL may sign crude import agreement with SOCAR

Last Updated: Wednesday, May 9, 2012, 12:17

Hindustan Petroleum Corporation Limited (HPCL) may consider signing crude import agreement with the State Oil Company of Azerbaijan Republic (SOCAR), a top official of HPCL said.

GSPL signs pacts with PSU majors to lay cross country pipeline

Last Updated: Tuesday, May 1, 2012, 21:32

State-run Gujarat State Petronet Limited (GSPL) and three PSU oil majors, Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd have signed joint venture agreements for developing three cross country natural gas transmission pipeline projects.

AP govt cancels land allotment to HPCL for Vizag petro complex

Last Updated: Sunday, April 29, 2012, 18:21

In a setback to state-owned HPCL, the Andhra Pradesh government has cancelled the land allotted to the company for setting up its proposed Rs 45,000-crore petrochemical complex at Visakhapatnam, due to delay in executing the project, a government official has said.

Mittal, HPCL may sell stake in Bhatinda refinery

Last Updated: Sunday, April 29, 2012, 00:48

Steel tycoon Lakshmi N Mittal and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in the just commissioned Bhatinda Refinery through an initial public offering (IPO) soon.

Need to rationalise petroleum prices: PM

Last Updated: Saturday, April 28, 2012, 12:06

Prime Minister Manmohan Singh on Saturday said India needs to rationalise the prices of petroleum products while insulating the common man from its effects.