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Tag: HPCL

Venezuelan crude oil not easy to handle, will evaluate in due course: HPCL

Posted on January 22, 2026 By admin
Venezuelan crude oil not easy to handle, will evaluate in due course: HPCL

A Hindustan Petroleum Corp. oil refinery in Mumbai. | Photo Credit: BLOOMBERG Venezuelan crude oil has high viscosity and a high acid number, but it does provide us with some opportunities based on what is being offered, a senior Hindustan Petroleum Corporation Limited (HPCL) official told investors in a conference call on Thursday (January 22,…

Read More “Venezuelan crude oil not easy to handle, will evaluate in due course: HPCL” »

Business

Impact of crude contamination has been contained, was lower than anticipated: HPCL CMD

Posted on October 31, 2025 By admin
Impact of crude contamination has been contained, was lower than anticipated: HPCL CMD

Hindustan Petroleum’s Chairman and Managing Director (CMD) Vikas Kaushal on Friday (October 31, 2025) said he was not “losing sleep” over Russian crude because it represents 5% of the company’s overall mix and it can get the quantum from other sources. Speaking on a call with investors and analysts, Mr. Kaushal also underlined that crude…

Read More “Impact of crude contamination has been contained, was lower than anticipated: HPCL CMD” »

Business

Contamination of crude oil to HPCL being “examined”, no damage or claim attributable says supplier

Posted on October 28, 2025 By admin
Contamination of crude oil to HPCL being “examined”, no damage or claim attributable says supplier

Hindustan Oil Exploration Company said it will engage in discussion with HPCL for redressing the issues. File. Responding to Hindustan Petroleum’s assertions about having obtained high-chloride content in the crude oil from their B-80 field, the Hindustan Oil Exploration Company (HOECL) said Tuesday (October 28, 2025) the company was examining the claims. More importantly, it…

Read More “Contamination of crude oil to HPCL being “examined”, no damage or claim attributable says supplier” »

Business

IOC, BPCL, HPCL post ₹69,000 crore net profit in April-December, higher than pre-oil crisis annual earnings

Posted on February 5, 2024 By admin
IOC, BPCL, HPCL post ₹69,000 crore net profit in April-December, higher than pre-oil crisis annual earnings

BPCL posted a net profit of ₹22,449.32 crore in the 9-month period of current fiscal as compared to a loss of ₹4,607.64 crore in the same period last year. | Photo Credit: The Hindu State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) reported bumper profit…

Read More “IOC, BPCL, HPCL post ₹69,000 crore net profit in April-December, higher than pre-oil crisis annual earnings” »

Business

Petrol, diesel sales fall in August as rains ebb demand

Posted on August 16, 2023 By admin
Petrol, diesel sales fall in August as rains ebb demand

Petrol sales fell 8 per cent to 1.19 million tonnes in the first fortnight of August 2023, when compared with the same period last year. File photo | Photo Credit: Nagara Gopal India’s petrol and diesel consumption fell in the first half of August from the previous month and a year ago, as monsoon rains…

Read More “Petrol, diesel sales fall in August as rains ebb demand” »

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