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.

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.

GAIL Chairman, HPCL head in race for CEO of the Year Award

Tripathi and Vasudeva are vying with CEOs of Chinese energy giants for the award which will be presented on December 11 in New York.

Oil Ministry ensuring adequate supplies to flood-hit Kashmir

In order to improve the supply of petroleum products to the flood-hit Srinagar division of Jammu and Kashmir, the Petroleum Ministry is making efforts to ensure adequate supplies, it said on Thursday.

HPCL to soon meet Rajasthan officials on Barmer refinery issue

Hindustan Petroleum, which had last September announced setting up of a refinery at Barmer in Rajasthan, has expressed hope it will be able to go ahead with the Rs 37,230-crore project as scheduled and will be meeting state officials over the next 10 days to iron out key issues.

Oil refiners gain as crude oil prices cool down

Shares of oil refiners gain after crude oil prices cool down. Bharat Petroleum Corp gains 3.3 percent, Hindustan Petroleum Corp rises 3.1 percent and Indian Oil Corp is up 1.7 percent.

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

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

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

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'.

IOC tops Fortune India 500 list; RIL at second spot

Indian Oil Corp (IOC) was the biggest with annual revenue of Rs 4,75,867 crore, followed by Reliance Industries (RIL) with a full-year revenue of Rs 4,09,883 crore.

Fitch sees govt pushing Rs 45000-cr oil subsidy to next fiscal

The rating agency said out of the oil subsidies allocation of Rs 65,000 crore in the budget for this fiscal, the government has already given out Rs 45,000 crore to pay oil marketing companies for the subsidy gap incurred in FY13.

Death toll in HPCL fire in Vizag reaches 28

With one more worker succumbing to burn injuries at a local hospital, the death toll in the fire that broke out at the Hindustan Petroleum Corporation Limited`s premises here last month has risen to 28.

Vizag: death toll in HPCL fire reaches 28

A Srinivasa Rao (39), who was undergoing treatment at Seven Hills Hospital, died today, the company said in a statement here.

HPCL fire: Toll rises to 25; probe on in mishap

With one more victim succumbing to his burns on Friday, the death toll in last month's fire at the Hindustan Petroleum Corporation Limited's complex here rose to 25.

AP govt to issue notice to HPCL over fire in Vizag refinery

The Directorate of Factories of Andhra Pradesh will be seeking an explanation from the Vizag facility of the state-owned Hindustan Petroleum (HPCL), on the recent fire in the refinery-cum-petrochemical complex there, which left 24 workers dead, a senior official said today.

AP govt to issue notice to HPCL over fire in Vizag refinery

The Directorate of Factories of Andhra Pradesh will be seeking an explanation from the Vizag facility of the state-owned Hindustan Petroleum (HPCL).

Vizag HPCL refinery fire: Death toll climbs to 9

The death toll in the massive fire at state-run Hindustan Petroleum (HPCL) refinery-cum-petrochemical complex here has risen to nine with one more worker succumbing to burn injuries on Monday, a PSU official said.

Toll in Visakhapatnam HPCL refinery fire rises to 10

The death toll in the major fire that broke in the state-owned Hindustan Petroleum Corporation Ltd refinery in Visakhapatnam rose to 10.

HPCL refinery fire: Toll rises to 6; loss pegged at Rs 15 crore

Four to five workers are still reported to be missing, said another official of the government-run company.