Fri, Jul 06, 2018
Shares of leading oil marketing companies such as IOC, HPCL, BPCL rallied by up to 5 per cent as US-China trade war fears weighed on global oil prices. IOC, HPCL, BPCL were the top gainers on Nifty index.
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Sun, Jul 23, 2017
The Cabinet Committee on Economic Affairs (CCEA) last week gave in-principal approval of Oil and Natural Gas Corp (ONGC) buying out government's entire 51.11 per cent stake in fuel retailing and marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a separate listed company.
Thu, Jul 20, 2017
Union Cabinet gave in-principle nod for sale of government's stake in HPCL to ONGC. Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
Sun, Jul 16, 2017
HPCL is upgrading both its Mumbai and Visakh refineries to produce fuel meeting Euro-VI emission norms.
Mon, Jun 12, 2017
The Federation of All India Petroleum Traders (FAIPT) has, in a statement, said there will be "no purchase no sale" of petrol and diesel on June 16 to protest the decision.
Fri, May 26, 2017
HPCL posted net profit of Rs 1,818.79 crore, a rise of 31.04% from Rs 1,387.91 crore in the corresponding period of the previous year. Q4FY17 net profit also increased by 9.77% from Rs 1,656.81 crore in the preceding quarter.
Performance of oil companies in Q4, is expected to revolve around the strengthening of crude prices and decline in Singapore complex GRM that took place during January – March 2017 period.
Mon, Feb 27, 2017
India's biggest oil and gas producer ONGC may buy all of the government's 51.11% stake in Hindustan Petroleum Corporation Ltd (HPCL).
Mon, Feb 13, 2017
HPCL on Monday reported 53.73% jump in the standalone net profit for the third quarter ended on December 31, 2016.
Tue, Jan 03, 2017
In a move to boost online payment for LPG refill, major oil companies like Indian Oil Corp, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Limited (HPCL) on Tuesday announced upfront discount of Rs 5 on every LPG refill for their customers.
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