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    IOC, HPCL to contest over Rs 4,000-cr tax demand on sale of ethanol blended petrol

    Business | June 06, 2019 17:41 IST

    Oil refiners Indian Oil Corp (IOC) and Hindustan Petroleum Corp Ltd (HPCL) Thursday said they will contest tax authorities demand for over Rs 4,000 crore in excise duty on ethanol used for doping petrol, saying the sugarcane extract for mixing in fuel is exempt from tax.

  • Representational pic - Govt on track to meet disinvestment

    Govt set to hit divestment goal first time post ONGC-HPCL deal

    Business | January 20, 2018 23:56 IST

    ONGC will pay Rs 473.97 per share for 77.8 crore shares of the government in Hindustan Petroleum Corp Ltd (HPCL), the company said in a stock exchange filing.

  • The CCEA has approved sale of govt's 51pc stake in HPCL to

    Decks cleared for India’s 'oil giant', Cabinet clears 51 pc stake sale in HPCL to ONGC

    July 20, 2017 12:09 IST

    The move comes months after Finance Minister Arun Jaitley said in his Budget speech proposed the creation of an oil major that would be able to match the performance of international and domestic private sector oil and gas companies

  • Representative News Image

    IOCL, BPCL, HPCL join hands to set up India's biggest oil refinery

    December 07, 2016 21:10 IST

    State-run oil marketers IOCL, BPCL and HPCL on Wednesday signed an agreement to build India's biggest oil refinery at a cost of nearly Rs 2 lakh crore on the west coast.

  • syenergy environics chips to shield against radiation

    Syenergy Environics chips to shield against radiation

    India | June 23, 2015 15:47 IST

    New Delhi : Syenergy Environics on Tuesday said it is bringing out low-cost chips and strips for consumers to help them protect from radiation emitted from electronic objects.The Delhi-based firm provides radiation management and solutions

  • hpcl to take 8 stake in petronet s gangaravam lng terminal

    HPCL to take 8% stake in Petronet's Gangaravam LNG terminal

    November 11, 2014 15:35 IST

    New Delhi: State-owned Hindustan Petroleum Corp Ltd (HPCL) may pick up 8 per cent stake in Petronet LNG Ltd's Rs 5,000 crore liquefied natural gas (LNG) terminal at Gangavaram in Andhra Pradesh."HPCL has evinced interest

  • ongc hpcl rally upto 8 post gas price hike diesel

    ONGC, HPCL rally upto 8% post gas price hike, diesel deregulation

    October 20, 2014 10:06 IST

    New Delhi: Shares of oil and gas companies have rallied by up to 8 per cent in early morning deals on the bourses after government on Saturday de-regulated the price of diesel and announced a

  • after indian oil modi govt to sack independent directors of

    After Indian Oil, Modi govt to sack independent directors of ONGC, HPCL, MRPL

    August 31, 2014 15:56 IST

    New Delhi: After sacking four independent directors of IOC, the Narendra Modi-government is now seeking to remove nine similar Congress-appointees from the board of ONGC, HPCL and MRPL.The NDA government is reviewing all appointments made

  • hpcl to buy 11 15 stake in petronet s lng terminal on east

    HPCL to buy 11-15% stake in Petronet's LNG terminal on east coast

    May 21, 2014 16:52 IST

    New Delhi: State-owned Hindustan Petroleum Corp Ltd is likely to buy 11-15 per cent stake in Petronet LNG Ltd's 5,000-crore LNG import terminal on the east coast.“We have a huge gas requirement at our Vizag

  • nishi vasudeva is first woman head of hpcl

    Nishi Vasudeva is first woman head of HPCL

    March 01, 2014 19:36 IST

    New Delhi: Nishi Vasudeva created history Saturday, becoming the first woman to head a Navaratna public sector undertaking - the Hindustan Petroleum Corporation Ltd (HPCL). She succeeds Subir Roy Choudhury as the chairman and managing

  • government sanctions rs 17 772 crore cash subsidy for oil

    Government sanctions Rs 17,772 crore cash subsidy for oil companies

    November 07, 2013 21:45 IST

    New Delhi: Government today sanctioned Rs 17,772 crore cash subsidy to fuel retailers like IOC to cover for half of the revenues they lost on selling diesel and cooking fuels below cost in the September

  • three oil psus move sc for modification of aadhaar order

    Three oil PSUs move SC for modification of Aadhaar order

    India | October 06, 2013 11:48 IST

    New Delhi: Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of

  • cabinet aproves hpcl refinery in rajasthan

    Cabinet aproves HPCL refinery in Rajasthan

    September 20, 2013 12:51 IST

    New Delhi: The Union Cabinet on Friday approved setting up of HPCL's Rs 37,229 crore refinery-cum- petrochemical complex in Rajasthan, just ahead of the planned foundation stone laying of the project by UPA Chairperson Sonia

  • vizag hpcl refinery fire death toll climbs to 19

    Vizag HPCL refinery fire: Death toll climbs to 19

    India | August 31, 2013 16:03 IST

    Visakhapatnam: The death toll in the massive fire at Hindustan Petroleum refinery-cum-petrochemical complex here, today rose to 19 with one more private worker succumbing to burns at a hospital here.According to HPCL sources, the worker

  • vizag hpcl fire death toll goes up to 14 three more workers

    Vizag HPCL fire death toll goes up to 14, three more workers die

    India | August 28, 2013 22:03 IST

    Visakhapatnam(AP): The death toll in the massive fire at state-run Hindustan Petroleum (HPCL) refinery-cum-petrochemical complex here has risen to 14 with three more workers succumbing to burn injuries at a hospital here today, an official

  • hpcl to partner shapoorji pallonji group for lng terminal

    HPCL to partner Shapoorji Pallonji Group for LNG terminal

    July 15, 2013 18:21 IST

    New Delhi, July 15: Hindustan Petroleum Corporation Ltd (HPCL) and Mumbai-based infrastructure major Shapoorji Pallonji will next week sign a joint venture pact to set up a terminal for import of liquid gas (LNG) on

  • hpcl resumes fuel supplies to kingfisher

    HPCL Resumes Fuel Supplies To Kingfisher

    March 08, 2012 11:25 IST

    New Delhi, Mar 8: State-owned Hindustan Petroleum Corp Ltd (HPCL) today resumed oil supplies to Kingfisher Airlines after the beleaguered airline agreed to pay for daily fuel off-take.HPCL, which is Kingfisher's biggest aviation fuel supplier,

  • oil india hints at investment in hpcl project

    Oil India Hints At Investment In HPCL Project

    September 15, 2011 18:18 IST

    Mumbai, Sep 15: Oil India is likely to invest in Hindustan Petroleum's (HPCL) refinery expansion project, Oil India Chairman N M Borah said here today.“Our core competence lies in the upstream sector, but we would

  • petrol price up by 3.32/l fewer subsidised lpg cylinder

    Petrol Price Up By 3.32/L; Fewer Subsidised LPG Cylinder Likely

    India | September 15, 2011 22:39 IST

    New Delhi, Sept 15: Government oil companies today hiked petrol price by Rs 3.14-3.32 per litre after decline in rupee's exchange value increased the cost of buying crude oil and widened losses from fuel sales.Petrol

  • bathinda refinery to start by oct dec

    Bathinda Refinery To Start By Oct-Dec

    August 05, 2011 17:30 IST

    Chandigarh, Aug 5: The ambitious 9 million tonne (MT) Bathinda oil refinery is now expected to be commissioned between October and December this year, as work on the HPCL-Mittal Energy Limited (HMEL) promoted project is

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