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Hindustan Petroleum Corp Ltd
Business  /  Published 03.11.21

HPCL profit down 22%

State-owned refiner HPCL has reported a 22.4 per cent year-on-year decline in its net profit at Rs 1,923.5 crore during the July-September quarter against Rs 2,477.45 crore a year ago. The company had...
By Our Special Correspondent in New Delhi

Business  /  Published 28.10.21

BPCL payout at Rs 6,655cr

The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, the Dipam secretary said on Wednesday. &nbs...
By PTI in New Delhi

Business  /  Published 02.03.21

LPG sizzles in election heat

Union Petroleum Minister Dharmendra Pradhan has suggested the prices have increased “due to intense cold” and a recent ice storm in the US had generated the spike in the price of diesel an...
By Our Special Correspondent in New Delhi

Business  /  Published 05.11.20

HPCL share buyback plan

The board of Hindustan Petroleum Corporation (HPCL) on Wednesday approved a Rs 2,500-crore share buyback plan as the company management feels the share price is lower than the value it deserves. In a ...
By PTI in New Delhi

Business  /  Published 13.11.18

Abu Dhabi pact for oil cavern

India has signed an initial agreement with Adnoc to lease out half of the 2.5-million-tonne (mt) underground cavern at Padur and is in talks with Saudi Arabia for filling up the other half of the stra...
By Our Special Correspondent in New Delhi

Business  /  Published 13.10.19

Will resolve fuel payment issues early: Air India

State-owned Air India on Sunday said the aviation jet fuel payment issues are being sorted out and will be resolved soon with the oil PSUs, which have warned the carrier of snapping supplies at 6 key ...
By PTI in Mumbai

Business  /  Published 24.11.19

ONGC may pare HPCL stake

State-owned exploration giant ONGC is considering a plan to dilute its stake in refiner HPCL, which it had acquired for Rs 36,915 crore, to reduce debt and fund exploration projects.Sources said the c...
By R. Suryamurthy in New Delhi


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