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MUKESH SURANA
Global oil & gas prices to ease on exports from USTrump's energy policies, such as boosting drilling, lifting permitting restrictions, and increasing energy exports, are expected to increas...
Iran-Israel conflict: Fuel prices may not rise in poll seasonIrrespective of the volatility in global oil prices, domestic retail prices of petrol, diesel and cooking gas are unlikely to rise for the ...
India's petrol consumption doubles in a decadeBetween 2013-14 and 2023-24, the annual consumption of petrol increased 117%, diesel 31%, aviation turbine fuel 50% and LPG 82%, according ...
Pushp Kumar Joshi takes over as CMD of HPCLJoshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to replace Mukesh Kumar Surana. ...
Price hikes won't hit petrol demand: Mukesh Kumar Surana, Chairman HPCLThe domestic retail rates of petrol and diesel have remained unaltered since the beginning of November. Oil marketing companies are widely ...
Budget 2022: Additional excise duty to promote ethanol blendingEthanol availability is not uniform and states far away from production centres are likely to have lower average blending ratios.
IOC Q3 net profit rises 19% YoY at Rs 5,861 crIndian Oil’s quarterly profit rose to Rs 5,861 crore from Rs 4,917 crore in the same period a year earlier due to higher refining margins, ...
Oil demand recovery in India poised to weather Covid comebackInfections have surged and fewer vehicles are traversing the streets of India’s capital, but authorities have so far refrained from institu...
Saudi oil hawkishness speeds Indian plan to seek alternativesIndia is already trying to cut its dependence on Middle Eastern crude, with American oil rising from 0.5 per cent of total purchases to 6 p...
Fuel demand, work on sites to reach pre-Covid level by December: HPCL Chairman Mukesh Kumar Surana“Petrol demand is already at pre-Covid levels; diesel demand is expected to reach those levels by the end of the current quarter. Diesel de...
HPCL keeps Rs 12,000 crore capex plan despite slide in profitChairman added a word of caution that plans for new projects may be revisited.
HPCL drops 53% on lower refiner margins, inventory lossesNet profit slipped to Rs 811 crore in April-June as compared to Rs 1,719 crore a year back.
Government should review taxes on petrol, diesel: HPCL chairmanOne trigger after another has led to the 10th consecutive day of increase in retail selling price of petrol and diesel, but there is no cas...
HPCL head to retain designation if ONGC follows Coal India modelONGC last week completed acquisition of government's 51.11 per cent stake in HPCL for Rs 36,915 crore.
Hindustan Petroleum Corporation plans Rs 61,000 crore investment in 5 yearsLike its peers Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC) and Reliance Industries, HPCL is upbeat on petrochemicals ...
HPCL Eyes Rs 61,000 crore Capex in 5 Years, Merging MRPL with SelfThe state-run oil marketing company plans to invest Rs 7,110 crore this fiscal against Rs 5,860 crore in FY17, its chairman Mukesh Surana h...
Hindustan Petroleum Q1 profit slumps on inventory lossesThe company suffered an inventory loss of Rs 1,595 crore for the quarter.
HPCL profit jumps 53% on higher sales, inventory gainsThe higher net profit of Rs 1,590cr in the Oct-Dec quarter of the current fiscal was against Rs 1,041cr clocked in the same period of 2015-...
Foreign companies ready to partner HPCL-GAIL JV for Andhra Pradesh project“We are looking at inducting a strategic investor. We may offer up to 50% stake in the joint venture,” said Mukesh Kumar Surana, chairman a...
IOC Q4 profit slumps 80%, HPCL sees 28% fallHindustan Petroleum Corporation, another state-run refiner and fuel retailer, posted a 28 per cent drop in profit at Rs 1,553 crore in the ...