Are OMCs in a sweet spot? MK Surana answersThe third part is that whether the OMCs should be rated or which way it is rated. Of course, the analysts are better judge to do that. But ...
06 Jul, 2023, 11.34 AM IST
Quite a good recovery in terms of fuel demand: MK Surana, HPCL"Overall, demand is picking up. In petrol, we should end the year with positive growth. Diesel will also match the pre-pandemic level if ev...
05 Aug, 2021, 02.12 PM IST
HPCL plans to borrow Rs 8K crore in FY20 to fund expansionIn 2018-19, the company borrowed about Rs 6,000 crore, split evenly between short-term and long-term loans.
21 May, 2019, 11.26 PM IST
Now, HPCL is able to align international and domestic prices: MK SuranaAs cracks of products are lower, here are some pressure on the refinery margins, says Surana.
16 Jan, 2019, 03.36 PM IST
Oil pricing formula can’t be changed, value of elements can be tweaked: MK Surana, HPCL“If prices are continuously high, then it will get passed on and so it is being passed on.”
23 May, 2018, 04.46 PM IST
If prices stay high, consumers will have to pay more: MK Surana, HPCLThere is no reason for crude oil to spike since there are enough global inventory.
11 May, 2018, 08.24 AM IST
ONGC, HPCL must respect each other’s autonomy in areas of business: HPCL ChiefONGC chairman Shashi Shanker said his firm didn’t plan to bring about any “major change” in the functioning of HPCL following the takeover,...
21 Jan, 2018, 10.46 PM IST
We need to balance consumer comfort, government budget and HPCL’s financials: MK Surana“We also need to be cautious and sensitive to the consumers’ convenience in oil and gas prices”
02 Jan, 2018, 01.31 PM IST
Daily oil pricing mechanism to ensure domestic prices aligned to global: MK Surana, HPCLIn a chat with ET Now, MK Surana, HPCL said that at policy level oil minister is not changing stance on fuel price.
14 Sep, 2017, 02.47 PM IST
HPCL stock had been doing well over a last few months: MK Surana, HPCL"We expect at least the petrol part (of the retail volumes) in the next two-three years to continue rising by some 7% to 8%," said Surana.
29 Aug, 2017, 10.28 AM IST
HPCL will continue to create value for shareholders: MK Surana, CMD, HPCL"The current market price of HPCL share does not reflect the complete intrinsic value of HPCL. It has got lot more than what is reflected i...
20 Jul, 2017, 10.57 AM IST
ONGC-HPCL deal: Acquisition is better than merger if it happens, says MK Surana, CMD, HPCLONGC has got a different line of focus line of business. They are more upstream dominated. We are more refining and marketing dominated, sa...
13 Jul, 2017, 11.04 AM IST
HPCL capacity expansion will be completed by 2020: MK Surana, HPCL"The company is also making efforts to reduce energy consumption within the refinery and improve our Energy Efficiency Indexes," MK Surana ...
05 Apr, 2017, 12.50 PM IST
Regular hike in fuel prices, no regular hike in our margins: MK Surana, HPCLCMD, HPCL says that there was a increase in the crude price and the international product prices so accordingly it is being passed on regul...
16 Jan, 2017, 11.51 AM IST
We will give incentives; demonetisation is in the larger interest of the country: MK Surana, CMD, HPCLThe capex plan which we announced earlier does not include the expenditure for this refinery as of now because this is still in the initial...
16 Dec, 2016, 11.19 AM IST
We are further strengthening our marketing infrastructure to cater to the increasing demand: MK Surana of HPCL"We do see our opportunities in terms of industrial goods we are one of the largest sellers of lubes in India and we have constantly mainta...
27 Oct, 2016, 01.07 PM IST
Brexit's impact on oil prices taken adversely by the markets: MK Surana, HPCL"There is a logical reasoning for it, because the exit of Britain from the European Union is likely to have an impact on the British Pound ...
29 Jun, 2016, 11.35 AM IST