Wed, Mar 27, 2024
The brokerage believes that OMCs will benefit from a discernible shift in the government's stance towards public sector undertakings (PSUs).
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Fri, Feb 16, 2024
Zee Business research says that OMCs may increase prices after the 2024 Parliamentary elections. Oil prices have been in the range of $75-85 since November 2023.
Sun, Jan 28, 2024
Russian supplies made up for over 35 per cent of India's total crude imports in 2023, amounting to 1.7 million barrels per day. Russian ships and cargoes are not being prime targets of the attacks at this stage however rerouting of ships around the southern tip of Africa
Thu, Dec 07, 2023
As per Zee Business research, since 2014, OMC shares have given good returns. Despite a surge in OMC stocks, global brokerage Citi sees more stream in these stocks on the back of improvement in gross refining margin (GRM).
Mon, Nov 06, 2023
"We are announcing a partnership with HPCL to roll out thousands of Gogoro battery swapping stations across its retail outlets throughout the country in the coming years," Horace Luke, founder and CEO of Gogoro said.
Fri, May 12, 2023
Consolidated net profit was at Rs 3,608.32 crore in January-March compared with Rs 2,018.45 crore in the same period a year back, according to a company's stock exchange filing.
Tue, Mar 14, 2023
"Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has entered into a long-term trademark licensing agreement with HPCL. This collaboration encompasses the licensing, production, distribution, and marketing of Chevron's lubricant products under the Caltex brand, including Chevron's proprietary Havoline and Delo branded lubricant product," they said in a statement.
Thu, Dec 08, 2022
Oil stocks: The performance of the marketing segment will improve significantly owing to lower losses on the diesel front, the brokerage further said.
Thu, Nov 03, 2022
Hindustan Petroleum Corporation Ltd (HPCL) recorded a Standalone net loss of Rs 2,172.14 crore in the second quarter.
Sun, Aug 07, 2022
The government in May cut excise duty on petrol and diesel which was passed on to consumers instead of being used to square off mounting losses on the two fuel sales.
Mon, Jan 16, 2017
This is the fourth increase in petrol price in six weeks and the third in case of diesel in one month.
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