Keyword : HPCL

Varanasi’s facelift to be funded by public sector units

The holy city of Varanasi is getting benefits of corporate social responsibility funds of various public sector undertakings. In order to promote solar power and also to overcome pow

Bonuses jump in FY17 as 5 PSUs dole out surplus

 Five public sector companies - Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation (IOC), Rural Electrification Corporation (RE

HPCL wants ONGC to cut stake in MRPL

 State-run Hindustan Petroleum Corp. Ltd (HPCL) wants Oil and Natural Gas Corp. Ltd (ONGC) to divest a part of its stake in the Mangalore Refineries and Petrochemicals Ltd (MRPL) so that it ca

8 PSUs declare bonus shares

 Eight public sector undertaking (PSUs) companies have announced bonus shares for their shareholders thus far in the current calendar year 2016, reported Business Standard. Statistic

Supply LPG only to PSU oil firms, government tells producers

 Liquefied petroleum gas (LPG) producers like Reliance Industries have been asked by the government to supply cooking gas they produce only to state-run oil companies. Private retailers have b

Now get discount on online booking of LPG cylinders

 In a bid to encourage people to use digital modes of payments, oil marketing companies -- Indian Oil, BPCL and HPCL -- have decided to offer discount of Rs 5 on every LPG (cooking gas) cylind

Pradhan asks OMCs to expedite allotment of outlets to SC, ST candidates

After finding oil marketing companies (OMCs) lagging behind in meeting their targets, petroleum minister, Dharmendra Pradhan has asked OMCs to step up efforts to allot more retail outlets (ROs) t

Daily price revision of petrol, diesel in five cities begins

Government-owned oil companies— IndianOil Corporation Limited, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have started revising petrol and

HPCL gross revenue increases

 Hindustan Petroleum Corporation Limited (HPCL) registered profit after tax of Rs 925 crore during the quarter first of April to June 2017. Revenues for the quarter were Rs 59,891 cr

Oil PSUs create corpus of Rs 320 crore to support start-ups

 Ten public sector undertakings of ministry of petroleum and natural gas, including IOCL, ONGC, EIL, OIL, NRL, BPCL, HPCL, GAIL and MRPL, have created a corpus of Rs 320 crore to support start

Online draw for new LPG distributorship introduced

 Oil Marketing Companies (OMCs) – Indian oil corporation ltd (IOCL), Hindustan petroleum corporation limited (HPCL) and Bharat petroleum corporation limited (BPCL) have decided to open o

Govt revises ethanol price at Rs 40.85 per litre

The government has revised the price of ethanol at Rs 40.85 per litre under ethanol blended petrol (EBP) programme for supply to the public sector oil marketing companies—Indian oil corporati

ONGC acquires 51.11% stake in HPCL

In its bid to create an oil major to match the performance of global and domestic oil and gas players, Oil and Natural Gas Corporation Ltd (ONGC) board has approved the acquisition of entire 51.11

Rashtrapati Bhawan hosts LPG Panchayat for beneficiaries

A group of 104 women beneficiaries of the Pradhan Mantri Ujjwala Yojana participated and shared their experiences at LPG Panchayat organised at the Rashtrapati Bhawan on February 13.

A well-oiled move

The acquisition of the government’s 51.11 percent stake in Hindustan Petroleum Corporation Limited (HPCL) by Oil and Natural Gas Corporation (ONGC) is a step ahead in the creation of an integ

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