Hindustan Petroleum Corporation (HPCL)

Order of the National Green Tribunal regarding the deplorable condition of a water tank, Golconda Fort, Hyderabad, Telangana, 05/06/2025

Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …

HPCL to invest Rs. 614 crore in two sugar mills

NEW DELHI: Hindustan Petroleum Corporation Limited (HPCL) is planning to invest around Rs. 614 crore in two sugar mills it had bought in Bihar to manufacture ethanol to be blended with petrol. The HPCL board had already given its approval to the investment proposal. Official sources said the two plants …

OMC's back to under-recoveries

Kalpana Pathak & Ajay Modi / Mumbai / Delhi April 22, 2009, 1:11 IST After a brief honeymoon with over-recoveries on sale of petrol and diesel, the country

Govt-private firms tussle over petro prices intensifies

Ajay Modi / New Delhi April 13, 2009, 1:08 IST The battle between private oil companies and government oil marketing companies (OMCs) over petroleum product pricing is set to intensify. The Appellate Tribunal for Electricity (APTEL) has admitted the OMCs

IOC increases market share in branded fuel segment

Ajay Modi / New Delhi March 26, 2009, 0:53 IST G C DagaIn a year when sales of branded auto fuel are on a sharp decline, Indian Oil Corporation (IOC), the market leader, has been able to augment its market share in all the three categories

'We need to be futuristic'

The prices of petrol and diesel have been reduced twice since Raghaw Sharan Pandey took over as secretary in the ministry of petroleum and natural gas. In conversation with Yeshi Seli, he points out that, ideally, the retail prices of petrol and diesel should be linked with the price of …

PSU oil firms to return to profits in Q3

Rakteem Katakey / New Delhi November 15, 2008, 0:19 IST After reporting losses in excess of Rs 12,000 crore in the July-September quarter, state-run refiners are likely to make marginal profits in the three months up to December 2008 as crude oil prices have plunged to 22-month lows of below …

On Slippery Grounds

Not everybody is enthused by the crashing international crude prices. As prices dip below the strategically-significant $60 per barrel mark, recent investments made in exploration and production (E&P;) activities in India could come under a cloud. Investments in E&P; have gained momentum since 2006, while crude prices touched a high …

Sharing the burden

The recent cooling of oil prices to levels of $80 per barrel is perhaps getting oil marketing companies such as BPCL, HPCL and IOC excited. When the government worked out the

Partners to review Vizag petrochem project

NEW DELHI: The five-way alliance of Hindustan Petroleum Corporation, Indian born steel magnate L. N. Mittal, French energy giant Total, GAIL (India) and Oil India will take a call on the project structure and funding of the 14-15 million tonnes refinery and petrochemical project at Vizag in Andhra Pradesh in …

Dry of diesel, flush with water

Pune, September 07 Glitch at Loni terminal server cuts off supply, repair staff work on holiday A technical glitch at the Hindustan Petroleum Corporation Limited (HPCL) server at the Loni terminal affected diesel supply to the city, creating a sudden shortage. The glitch happened on Saturday and forced officials at …

Big companies run chemical tanks without green nod for 18 years

Palak Shah / Mumbai September 3, 2008, 0:40 IST Over 100 chemical storage tanks built at the Pirpav jetty near Chembur have been operating without approvals from the ministry of environment and forests for over 18 years. Each of these tanks has an average capacity of 200,000 kilolitres of oil. …

Price hike hits premium fuels

Rakteem Katakey / New Delhi August 2, 2008, 5:54 IST Oil firms see 20% dip in sales since the June 4 increase. The government's decision to raise fuel prices in June has scuttled the oil companies' plans to reduce their losses from retail fuel sales as consumers are buying less …

'Oil cos overstating deficit from sale'

BS Reporter / New Delhi July 24, 2008, 15:24 IST The oil marketing companies have been overstating the deficit from sale of subsidised petroleum products, according to Planning Commission member B K Chaturvedi. He however declined to share the extent of this over-estimation. A committee headed by him has been …

Oil firms to gain from price drop

Rakteem Katakey / New Delhi July 24, 2008, 0:21 IST The sharp drop in crude oil prices, which fell by more than 13 per cent from the all-time high recorded a fortnight ago, is expected to trim the losses of government-owned oil marketing companies by Rs 15,000 crore in this …

Fudging facts

The problems in petroleum pricing stem from a flawed method, and will cause immense harm to the oil companies and endanger energy security. A DEBATE without data would be a meaningless exercise. But a debate with faulty or fudged data would be positively dangerous. The prolonged national "debate' over the …

HPCL warns of curtailing supplies

State-run Hindustan Petroleum Corporation Limited on Thursday warned that it would be forced to resort to curtailment of supplies to retail outlets if fuel prices were not raised immediately. It said it was running out of cash due to high under-recoveries. Addressing a press conference here, HPCL chairman Arun Balakrishnan …

Fuel price hike may be cushioned with duty cut

Govt Tries Balancing Act To Protect Consumers And Burdened Oil Companies Rajeev Jayaswal NEW DELHI THE government is working on a dual strategy of fuel price hikes coupled with duty cuts to shield consumers and cash-strapped oil companies. The finance ministry has asked the petroleum ministry to chalk out various …

BHEL bags Rs 1,150-cr HPCL-Mittal contract

State-run Bharat Heavy Electricals Ltd (BHEL) on Monday announced it has bagged a Rs 1,150 crore turnkey contract for setting up an energy-efficient 153-MW captive power plant at Bhatinda in Punjab. The Rs 1,150 -crore order has been placed on the company by HMEL, a joint venture of HPCL and …

The race begins... again

No small sachets, no video-on-wheels, no wall paintings. Rural 2.0 is not just about selling soaps or colas in flexible sizes at lower prices. It is about creating a market from scratch by first developing it, solving its basic problems, figuring out what it needs and then designing a product …

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