Russian crude oil not economical for refinery: HPCL CEOIndian refiners have halted new orders for Russian oil. This follows US sanctions on two Russian companies. Hindustan Petroleum Corporation...
Hindustan Petroleum seeks 10 LNG cargoes for March 2026-December 2027 delivery, sources sayHindustan Petroleum Corp (HPCL) has launched a tender to procure 10 LNG cargoes for its Chhara import terminal. The deliveries are schedule...
Gujarat State Petronet commissions Chhara gas pipelineGujarat State Petronet Ltd has commissioned a natural gas pipeline connecting the Chhara LNG terminal with the gas grid. The 18 million sta...
HPCL Q3 Results: Cons PAT skyrockets 257% YoY to Rs 2,544 croreHindustan Petroleum Corporation (HPCL) reported a substantial year-on-year net profit growth of 257% for the December quarter, reaching Rs ...
Buy HPCL, target price Rs 470: Motilal Oswal Financial ServicesMotilal Oswal reiterates a buy call on HPCL with a target price of Rs 470, up from the current market price of Rs 415. They cite the potent...
India's HPCL to start LNG terminal around year-end, seeks term supply, sources sayHPCL is seeking an LNG cargo to commission its new 5 million tpy import terminal by December or January and is in talks with several compan...
HPCL scouts for LNG deals, hopes to start LNG terminal by DecemberIndia's Hindustan Petroleum Corp Ltd (HPCL) seeks LNG import deals as it plans to start its 5 million tpy LNG terminal in western India by ...
HPCL to commission Chhara LNG terminal in 2-3 months; gets 6-7 offers to hire capacityHPCL, the oil refining and fuel marketing company, has been a late entrant into the gas business. It built the facility at Chhara in Gir-So...
Plan to transition to an 'energy' company: HPCL chief Pushp Kumar JoshiHPCL is aiming to diversify its business and become an energy company. The state-run company, with a significant market share in India's fu...
HPCL gets bids to lease part of Chhara LNG terminalIndia's Hindustan Petroleum Corp Ltd has received six or seven bids from industries to lease a part of its Chhara liquefied natural gas (LN...
HPCL's dependence on other refiners to drop by 15% after vizag unit expansionThe capacity of Visakhapatnam refinery will rise to 15 million tonnes a year from the current 8.5 million tonnes a year by June, HPCL Chair...
India's HPCL to operate Vizag refinery at expanded capacity from end-JuneJoshi said HPCL's residue upgradation project at Vizag refinery will improve its distillate yield and will be ready by the end of this year...
HPCL's net loss narrows to Rs 2475 crore in Q2The refiner's net loss for the September quarter stood at Rs 2,475 crore against a net profit of Rs 1,919 crore during the corresponding pe...
HPCL to invest Rs 45,000 crore by 2020 in refinery expansion, infrastructureHPCL will invest Rs 4,199 crore in expanding its Mumbai refinery capacity to 9.5 million tonnes per annum (MTPA)from current 6.5 MTPA.
HPCL reports Rs 1,460 cr loss in June quarterHPCL today reported a net loss of Rs 1,460 crore in the April-June quarter mainly due to inadequate government fuel subsidy and inventory l...
HPCL to partner Shapoorji Pallonji Group for LNG terminalState-owned firm and SP Ports Pvt Ltd, a unit of Shapoorji Pallonji Group, plan to set up the liquefied natural gas (LNG) import terminal a...
- HPCL to partner Shapoorji Pallonji Group for LNG terminal
HPCL and Mumbai-based Shapoorji Pallonji plan to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of Rs 5,000 cr...