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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.

HPCL plans to raise $250 mn in forex debt soon

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

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

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

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

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

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

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.

HPCL to take 8% stake in Petronet's Gangaravam LNG terminal

State-owned Hindustan Petroleum Corp Ltd (HPCL) may pick up 8 per cent stake in Petronet LNG Ltd's Rs 5,000 crore liquefied natural gas (LNG) terminal at Gangavaram in Andhra Pradesh.