Hindustan Petroleum Corp. Ltd News

Companies

Indian Oil Corp to raise $3billion more in overseas loan

IOC is already in market to raise $900 million through a bonds issue and is raising an equivalent sum through a syndicated loan for meeting its working capital requirements

3 min read17 Jan 2019
Market

Goldman, Citigroup cut India oil refiners on fuel price subsidy

Citigroup downgraded Bharat Petroleum Corp Ltd, Hindustan Petroleum Corp Ltd and Indian Oil Corp Ltd to sell, while Goldman Sachs lowered the first two companies to sell

1 min read5 Oct 2018
Companies

HPCL to invest ₹75000 crore to expand refining capacity, pipelines, LNG terminal

HPCL plans to invest 75,000 crore over the next five years across its business segments to grow and expand, says M. K. Surana, chairman and managing director

2 min read30 Aug 2018
Companies

Do not publish

RIL has 10 petcoke gasifiers of which four are already in the ramp-up phase, and the remaining six are likely to be commissioned in fourth quarter of this fiscal

2 min read9 Aug 2018
Companies

IOC, BPCL,HPCL to borrow more to keep up capital spend:Moody’s

Indian Oil Corp., Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd will raise more capital to sustain high dividend payments and capital spending this fiscal, says Moody's

2 min read19 Sep 2017
Market

ONGC-HPCL deal: A marriage of convenience

A merger of HPCL with ONGC would have been a neat structure, combining both businesses with the full benefits of integration available to claim

3 min read21 Jul 2017
Market

Singapore gross refining margins show strength

The benchmark Singapore complex GRM averaged higher at $8 per barrel in the December quarter, compared with $6.3 a barrel in the September quarter

1 min read11 Jan 2016
Politics

Monthly limit of one subsidized cylinder per household may go

Move comes before assembly elections in Maharashtra, Haryana, Jammu and Kashmir, Delhi and Jharkhand slated to happen later this year

2 min read25 Jul 2014
Politics

Monthly diesel price hikes likely to continue

The monthly increases will continue till losses on diesel are wiped out, says oil ministry official

2 min read29 May 2014
Companies

HPCL looks to replace Iran oil with Iraqi imports

Move comes in the wake of a tough new US condition imposed on funding such purchases

2 min read12 Feb 2013
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