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Merger talks of ONGC, HPCL on at ministerial level

Merger talks of ONGC, HPCL on at ministerial level

State-owned oil major ONGC has said the preliminary discussion for its acquisition of India's third-biggest fuel retailer HPCL has started and is going on at the ministerial level.

ONGC may acquire HPCL in $6.6 bn deal

ONGC may acquire HPCL in $6.6 bn deal

Oil and Natural Gas Corp will take control of Hindustan Petroleum Corp as part of the government`s plan to create an integrated public sector oil entity.

BPCL, HPCL, IOC, Sun Pharma entity win oil & gas field auction

BPCL, HPCL, IOC, Sun Pharma entity win oil & gas field auction

State-owned refiners BPCL, HPCL and IOC alongside a company floated by directors of drugmaker Sun Pharmaceuticals were on Wednesday declared as winners of the much-hyped small oil and gas field discovery auction.

Now, pay for petrol, diesel at Hindustan Petroleum, Indian Oil with Ola Money

Now, pay for petrol, diesel at Hindustan Petroleum, Indian Oil with Ola Money

No card, no cash but want to refill fuel? No worries – you can pay with Ola Money.

HPCL plans 25% stake in $30 bn refinery on west coast

Hindustan Petroleum Corp Ltd plans to take 25 percent stake in the USD 30 billion mega oil refinery planned to be set up on the west coast, the company's chairman Mukesh K Surana said today.

HPCL says decision on Rs 37,000-cr Raj refinery likely soon

A final decision on the much-delayed Rajasthan refinery, to be set up by Hindustan Petroleum Corporation for an estimated over Rs 37,000 crore, but has run into a political quagmire, is expected within a few months.

HPCL shuts Mumbai refinery unit, imports gasoline, executive says

Hindustan Petroleum Corp Ltd shut a unit at its 130,000 barrels per day (bpd) refinery in Mumbai last week due to a technical glitch, and has since been importing gasoline, the head of its refineries told Reuters on Friday.

Govt open to deliberating on merger of oil firms: Dharmendra Pradhan

Govt open to deliberating on merger of oil firms: Dharmendra Pradhan

Government is open to deliberating on the issue of mega merger of state-owned oil firms for creating a behemoth, Union Minister Dharmendra Pradhan said.

India's biggest oil refinery to cost $30 billion: IOC

India's biggest oil refinery to cost $30 billion: IOC

India's biggest oil refinery that state-run IOC, BPCL, HPCL and EIL plan to set up on the west coast will cost USD 30 billion or Rs 2 lakh crore, a senior official said.

Green nod for HPCL's Rs 800 crore storage tank project in Mumbai

Green nod for HPCL's Rs 800 crore storage tank project in Mumbai

State-owned Hindustan Petroleum Corporation (HPCL) has received environment clearance for construction of storage tanks in the existing complex of its Mumbai refinery, entailing an investment of Rs 800 crore.

M K Surana appointed new CMD of HPCL

M K Surana appointed new CMD of HPCL

M K Surana has taken over as the new Chairman and Managing Director of Hindustan Petroleum Corporation Ltd, the nation's second largest state oil refining and marketing company.

HPCL to invest Rs 45000 crore by 2020 in refinery expansion, infrastructure

State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest Rs 45,000 crore by 2020 in expansion of its Mumbai and Visakhapatnam refineries as well as augmenting its marketing infrastructure.

HPCL to invest Rs 45000 crore by 2020 in refinery expansion, infra

HPCL to invest Rs 45000 crore by 2020 in refinery expansion, infra

State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest Rs 45,000 crore by 2020 in expansion of its Mumbai and Visakhapatnam refineries as well as augmenting its marketing infrastructure.

HPCL gets green nod for Rs 18,400 cr Vizag refinery expansion

HPCL gets green nod for Rs 18,400 cr Vizag refinery expansion

State-run HPCL has received the environmental clearance to expand its refinery at Visakhapatnam in Andhra Pradesh from 8.33 million tonne per annum to 15.0 MTPA.

IOC, HPCL, BPCL plan country's biggest oil refinery

IOC, HPCL, BPCL plan country's biggest oil refinery

Indian Oil Corp, HPCL and BPCL are planning to jointly build India's biggest refinery on the west coast, IOC Director (Refineries) Sanjiv Singh said Wednesday.

Fortune top 10 Indian compaines in 2015

Indian Oil Corporation has maintained its number one position followed by Reliance Industries in terms of revenue for the sixth consecutive year in the list of Fortune 500 Indian companies 2015.

HPCL dips 5.5% on loss in Sep quarter

HPCL dips 5.5% on loss in Sep quarter

Shares of Hindustan Petroleum Corp Ltd (HPCL) today fell by 5.5 percent after the firm reported a net loss of Rs 320.50 crore for the July-September quarter.

HPCL, GAIL eye petrochemical plant in Andhra Pradesh

State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.

Rising global oil prices likely to spike up your fuel bill

Rising global oil prices likely to spike up your fuel bill

Oil prices in the global market are on the rise, resulting a costlier fuel bill for you

Indian oil companies pay $700 mn to Iran for oil

Indian oil companies pay $700 mn to Iran for oil

Essar Oil, MRPL and other Indian refiners today paid Iran USD 700 million to clear over one-tenth of their outstanding oil dues, the first payment this year ahead of easing of international sanctions against the Persian Gulf country.