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Hindustan Petroleum Corporation Ltd (HPCL)

LPG Price Cut: Commercial cooking gas becomes cheaper; check out new rates in New Delhi, Mumbai, Kolkata, Chennai

LPG Price Cut: Commercial cooking gas becomes cheaper; check out new rates in New Delhi, Mumbai, Kolkata, Chennai

Mon, Jul 01, 2024

LPG Price Per Cylinder, City-Wise Cooking Gas Rate List: State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have decided to cut the retail price of 19-kg LPG refills (commercial) with effect from July 1 while maintaining the rate of 14.2-kg cylinder (domestic). Read on to know the current LPG rate in your city.

MG Motor, HPCL join hands to enhance EV charging infrastructure

MG Motor, HPCL join hands to enhance EV charging infrastructure

Wed, May 29, 2024

As per the collaboration, MG and HPCL will together install 50kW/60kW DC fast chargers at key locations covering highways and cities across India, the automaker said in a statement.

HPCL Q4 Results Preview: Multibagger OMC PSU expected to report strong operational numbers

HPCL Q4 Results Preview: Multibagger OMC PSU expected to report strong operational numbers

Wed, May 08, 2024

Zee Business research estimates HPCL's EBITDA to see a sharp rise of 154 per cent to Rs 5,494 crore in the fourth quarter against Rs 2,164 core in the previous quarter. The PSU's margin, meanwhile, is estimated to soar to 4.69 per cent in the quarter under review compared to 1.9 per cent QoQ.

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HPCL Q3 results: Net profit trebles to Rs 529 crore

HPCL Q3 results: Net profit trebles to Rs 529 crore

Thu, Jan 25, 2024

The 21-month record freeze in retail fuel prices despite fall in input raw material (crude oil) prices helped raise marketing margins but refining margins were lower and the firm also suffered inventory losses because of the lag in buying and processing oil during which time rates fell.

HPCL shares hit 52-week high; here is why investors remain upbeat

HPCL shares hit 52-week high; here is why investors remain upbeat

Fri, Dec 01, 2023

The strong upmove in the stock came after news agency Press Trust of India reported that the state-run oil marketing company plans to start operations at its five-million-tonnes-a-year LNG import terminal in Chhara, Gujarat in the next couple of months.

Centre to get significant stake in HPCL post preference issue

Centre to get significant stake in HPCL post preference issue

Sun, Jul 30, 2023

In June, the government asked IOC and BPCL to launch rights issues (to get the capital), and advised HPCL to make a preferential share allotment to the government. Board of IOC earlier this month approved raising up to Rs 22,000 crore by inviting existing shareholders to purchase additional new shares in the company.

HPCL in pact to manufacture Chevron's lubricants

HPCL in pact to manufacture Chevron's lubricants

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.

IOC, HPCL, BPCL loss at Rs 2,749 crore in Q2; total loss in H1 reaches Rs 21,201 crore

IOC, HPCL, BPCL loss at Rs 2,749 crore in Q2; total loss in H1 reaches Rs 21,201 crore

Tue, Nov 08, 2022

According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic LPG.

HPCL Q1 results 2022: Hindustan Petroleum Corp reports highest ever quarterly net loss of Rs 10,196.94 cr - Here's why

HPCL Q1 results 2022: Hindustan Petroleum Corp reports highest ever quarterly net loss of Rs 10,196.94 cr - Here's why

Sat, Aug 06, 2022

Hindustan Petroleum Corporation Ltd (HPCL) on Saturday reported its highest ever quarterly net loss of Rs 10,196.94 crore in the June quarter as a freeze on petrol and diesel price revision wiped away record refining margins.

Electric vehicles can be charged at HPCL pumps – This startup to install EV chargers

Electric vehicles can be charged at HPCL pumps – This startup to install EV chargers

Fri, Jun 17, 2022

“Under this agreement, EVIT will provide charging infrastructures at HPCL petrol pumps for EV users.

IOC, BPCL, HPCL lost USD 2.25 bn in revenue due to fuel price freeze: Moody's

IOC, BPCL, HPCL lost USD 2.25 bn in revenue due to fuel price freeze: Moody's

Thu, Mar 24, 2022

India's top fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue in March by keeping petrol and diesel prices unchanged despite a sharp rise in crude oil prices, Moody's Investors Service said on Thursday.

Petrol, diesel price hikes may restart from next week as crude oil hits USD 110 mark

Petrol, diesel price hikes may restart from next week as crude oil hits USD 110 mark

Wed, Mar 02, 2022

Petrol and diesel price hikes are likely to come next week to bridge the gap of Rs 9 per litre created by the increase of USD 100 per barrel in international oil prices, PTI reported.

HPCL currently has 322 EV charging stations, aim is to set up 5,000 units: MK Surana, CMD

HPCL currently has 322 EV charging stations, aim is to set up 5,000 units: MK Surana, CMD

Mon, Nov 08, 2021

Mukesh Kumar Surana, Chairman & Managing Director, Hindustan Petroleum Corporation Limited (HPCL), talks about Q2FY22 numbers, high fuel prices and its impact on demand, margin, GRM, plans related to the EV sector, CapEx and Barmer Refinery among others during an exclusive interview with Swati Khandelwal, Zee Business.

OMCs share prices jump up to 22% in a month, brokerage bullish on oil stocks amid fuel rates hike

OMCs share prices jump up to 22% in a month, brokerage bullish on oil stocks amid fuel rates hike

Wed, Jun 16, 2021

As the fuel prices in the country are on the continuous surge, the oil marketing companies (OMCs) are on the radar of brokerage firm. Similarly, Brent crude extended gains for a fifth consecutive session on Wednesday, as falling stockpiles and a recovery in demand encouraged investors.

HPCL Recruitment 2021: Salary CTC up to Rs 33.95 lakhs - PDF download, Syllabus, Apply Online, Without/Through GATE, Exam Date, Age Limit and more

HPCL Recruitment 2021: Salary CTC up to Rs 33.95 lakhs - PDF download, Syllabus, Apply Online, Without/Through GATE, Exam Date, Age Limit and more

Wed, Mar 03, 2021

HPCL Recruitment 2021: HINDUSTAN PETROLEUM CORPORATION LIMITED (HPCL) has invited talented & motivated Indian nationals.

HPCL acquires 17.28% stake in Petronet MHB

HPCL acquires 17.28% stake in Petronet MHB

Fri, Feb 28, 2020

Hindustan Petroleum Corporation Ltd (HPCL) has increased its stake in Petronet MHB with the acquisition of 17.28 per cent stake in the company.

Different narrations has created stress on Auto Sector: MK Surana, CMD, HPCL

Different narrations has created stress on Auto Sector: MK Surana, CMD, HPCL

Thu, Aug 22, 2019

There is an improvement in diesel and motor spirit cracks, says Mukesh Kumar Surana, Chairman & Managing Director, HPCL, in a candid chat with Zee Business.

HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swap

HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swap

Sun, Apr 28, 2019

Hindustan Petroleum Corp Ltd's plans to acquire Mangalore Refinery and Petrochemicals Ltd (MRPL) has hit a cash hurdle, with parent ONGC preferring a cash deal rather than a share-swap.

How to get petrol pump dealership? Check how to apply to open fuel station

How to get petrol pump dealership? Check how to apply to open fuel station

Mon, Feb 25, 2019

There are number of questions like investment required to run a petrol pump, process of acquiring a license, required land and so on. Several oil companies like Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL), Indian Oil (IOCL), Essar Oil or any other oil company provides their dealership to people.

HPCL Recruitment 2018: Apply on hindustanpetroleum.com for assistant process technician, assistant boiler technician, fire operator posts in Hindustan Petroleum

HPCL Recruitment 2018: Apply on hindustanpetroleum.com for assistant process technician, assistant boiler technician, fire operator posts in Hindustan Petroleum

Fri, Oct 05, 2018

HPCL Recruitment 2018: The Hindustan Petroleum Corporation Limited (HPCL) has sought online applications for non-management positions including assistant process technician, assistant boiler technician, laboratory analyst and fire operator, for Mumbai Refinery.

HPCL to finalise 10 licensors this week for Rajasthan refinery

HPCL to finalise 10 licensors this week for Rajasthan refinery

Sun, Sep 02, 2018

But the project remained a non-starter as the state, which voted in a BJP government, reworked the project and changed incentive structure including an interest-free loan of 16,845 crore to HPCL to be paid back in 15 years from the commissioning of the project.

ONGC to buy govt's 51.11% stake in HPCL for Rs 36,915 cr

ONGC to buy govt's 51.11% stake in HPCL for Rs 36,915 cr

Sat, Jan 20, 2018

State-run Oil and Natural Gas Corporation Ltd (ONGC) will acquire the government`s 51.11 per cent equity share-holding in Hindustan Petroleum Corporation Ltd (HPCL) at a consideration of Rs 36,915 crore.

HPCL misses estimates in Q2; plans to issue Rs 6000 crore NCDs

HPCL misses estimates in Q2; plans to issue Rs 6000 crore NCDs

Tue, Nov 15, 2016

HPCL missed estimates by reporting net profit of Rs 701.32 crore for second quarter September 30, 2016, against net loss of Rs 317.13 crore in the corresponding period of the previous year. A Bloomberg poll estimated net profit to be around Rs 1,050 crore for this quarter.

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