Articles tagged with: HPCL
The Petroleum Ministry has asked for a two-year extension of the tax holiday for refineries under the Income-Tax (I-T) Act so that state-owned Indian Oil Corp’s (IOC’s) much-delayed, Rs 29,777 crore Paradip refinery can avail the ...
India is staring at an energy crisis after December as staterun refineries will start shutting down because they will run out of money to import crude oil, Indian Oil Corp Chairman RS Butola said after declaring ...
State-run Hindustan Petroleum Corp Ltd (HPCL) has said it has not heard from the government about potentially rolling back an increase in petrol prices, its head said on Monday.
It would reduce prices on its own if ...
State-run Hindustan Petroleum Corp Ltd is considering a further increase in petrol prices this fortnight to cut down losses, its director of finance said on Tuesday.
The oil refining and marketing firm, which posted a quarterly loss ...
State-owned Hindustan Petroleum Corporation (HPCL) plans to invest about Rs 13,000 crore to double the capacity of its Vizag oil refinery in Andhra Pradesh to 15 million tonne a year in 3-4 years time. “We have ...
State-owned oil companies provided employment to 3,872 persons in the fiscal 2010-11, a government statement said.”Oil and Natural Gas Corporation [ONGC] recruited the highest 1,426 personnel, followed by Indian OIl Corporation [IOC] with 989 recruitments,” it ...
With softening of crude prices trimming oil retailers’ losses, state-owned Hindustan Petroleum Corp (HPCL) said that it will reduce petrol price if the global rates were to go down further. HPCL, like other public sector fuel ...
State owned HPCL will import 12.5 million tonne of crude oil in 2011-12, including one million tonnes from the spot market, its head of refineries K Murali said. Of the total imports, 11.5 million tonne will ...
Petroleum minister S Jaipal Reddy inaugurated a Rs 900 crore unit at Hindustan Petroleum Corp’s (HPCL) Mumbai refinery which will make products like LPG. The new Fluidised Catalytic Cracking Unit (FCCU) at HPCL’s Mumbai refinery was ...
