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HPCL to invest Rs 17,000 cr to expand capacities by 2018

Last Updated: Wednesday, May 28, 2014, 19:32

Hindustan Petroleum Corp Ltd (HPCL) Wednesday said it will invest Rs 17,000 crore in raising its Mumbai and Vizag refinery capacity by 2018.

HPCL post Q4 profit of Rs 4,609 cr helped by fuel subsidy

Last Updated: Wednesday, May 28, 2014, 19:25

State-owned Hindustan Petroleum Corp Ltd (HPCL) Wednesday reported a better than expected fourth quarter net profit of Rs 4,609.24 crore after it got lumpsum fuel subsidy.

Hindustan Petroleum launches Club HP Star outlets

Last Updated: Thursday, March 27, 2014, 23:18

More than a decade after it launched personalised service petrol pumps under 'Club HP' brand, state-owned Hindustan Petroleum Corp Ltd (HPCL) Thursday launched premium 'Club HP Star' outlets with a promise to provide 'Good Fuel'.

Moily cancels events after poll announcement

Last Updated: Wednesday, March 05, 2014, 21:17

Moily was to inaugurate the nation's first strategic oil storage at Mangalore, which was built to insulate the country from supply disruptions.

ATF prices cut by about 3%

Last Updated: Monday, February 03, 2014, 21:37

Jet fuel or ATF prices have been cut by about 3 percent on softening international oil rates, the first reduction in two months.

HPCL reports Rs 1,460 cr loss in June quarter

Last Updated: Monday, August 12, 2013, 23:10

Net loss in this April-June quarter was lower than Rs 9,249 crore in the same period a year ago, HPCL Director (Finance) K V Rao told reporters here.

MoEF rejects HPCL's Vizag refinery expansion plan

Last Updated: Sunday, June 09, 2013, 19:45

HPCL had approached the Environment Ministry seeking clearance for the expansion of its refinery from 8.33 MMTPA to 15.00 MMTPA at Visakhapatnam District in Andhra Pradesh.

HPCL approaches global energy cos to revive Vizag project

Last Updated: Tuesday, May 28, 2013, 22:23

The 15 million tonne a year refinery and a mega petrochem plant is planend to be built about 70 km away from the company's existing Vizag refinery, HPCL Chairman and Managing Director S Roy Choudhury told reporters here.

HPCL approves joint venture for Rs 37,320 cr Barmer refinery

Last Updated: Thursday, April 25, 2013, 17:39

Hindustan Petroleum Corp Ltd (HPCL) has approved the incorporation of a joint venture company to set up Rs 37,320-crore oil refinery and petrochemical complex in Rajasthan.

HPCL to set up Rs 37,000 cr refinery, petchem project in Raj

Last Updated: Thursday, March 07, 2013, 16:28

HPCL board earlier this week approved setting up of the complex costing Rs 37,000 crore. Also, it approved expansion of the Bhatinda refinery in Punjab from 9 million tonne to 11.2 million tonnes.

HPCL reports steep drop in net profit to Rs 147 crore

Last Updated: Tuesday, February 12, 2013, 20:33

State-owned Hindustan Petroleum Corp Ltd (HPCL) on Tuesday reported a steep drop in net profit for the quarter ended December 31, as refining margins shrunk and government did not compensate it fully for fuel losses.

Hindustan Petroleum posts profit of Rs 2,327 cr in Q2

Last Updated: Friday, November 09, 2012, 21:50

Hindustan Petroleum Corp Ltd Friday reported net profit of Rs 2,327 crore for the quarter ended September 30, after the government released part of the fuel subsidy.