HPCL plans to raise $250 mn in forex debt soon

Last Updated: Friday, September 11, 2015, 18:59

After raising USD 300 million recently, Hindustan Petroleum Corporation (HPCL) is set to raise USD 250 million (about Rs 1,663 crores) through external commercial borrowing (ECB) to fuel its capex plan, a senior company official has said.

PESB finds no candidate fit to head HPCL; to re-advertise post

Last Updated: Thursday, August 6, 2015, 23:46

Government headhunter PESB Thursday failed to select a new Chairman and Managing Director of state -owned Hindustan Petroleum Corp Ltd (HPCL) as it could not find a suitable candidate among the 9 persons it interviewed.

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

HPCL Q4 net profit surges 58% to Rs 2,162 crore

Last Updated: Thursday, May 28, 2015, 23:32

State-owned Hindustan Petroleum Corp Ltd (HPCL) Thursday reported a 58 percent jump in its March quarter net profit on back of higher refining margin.

HPCL opens fuel pump at world's highest motorable road in Leh

Last Updated: Wednesday, December 17, 2014, 20:56

State-owned Hindustan Petroleum Corp Ltd (HPCL) has opened a petrol pump at world's highest motorable road in Leh to make available fuel to the remotest part of Jammu and Kashmir.

Oil firms supply fuel to SpiceJet on cash payment

Last Updated: Wednesday, December 17, 2014, 17:12

After a brief hiatus, oil companies on Wednesday began supplying jet fuel to Spicejet after the troubled airline paid cash for the purchases.

Will supply fuel only on immediate payment: Oil companies to SpiceJet

Last Updated: Wednesday, December 17, 2014, 13:00

With troubled SpiceJet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate payments, as the airline is on 'cash and carry' mode.

Delhi HC stays CCI proceedings against IOCL, HPCL& BPCL

Last Updated: Friday, November 22, 2013, 20:08

The PSUs in their plea have challenged the October 21, 2013 order of the CCI by which it had held that it had the jurisdiction to look into petrol pricing of the oil companies.

HPCL profit dips 86% in Q2 on lower subsidy, margin drop

Last Updated: Tuesday, November 12, 2013, 15:38

Hindustan Petroleum Corp (HPCL) on Tuesday reported an 86 percent drop in second-quarter profit after it received lower fuel subsidy and refining margins dropped.

Three oil PSUs move SC for modification of Aadhaar order

Last Updated: Sunday, October 6, 2013, 13:48

Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.