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Chemicals >  Petrochemicals & Hydrocarbons > Hindustan Petroleum Corporation Ltd.(HPCL)
Hindustan Petroleum Corporation Ltd.(HPCL)
Welcome to HPCL. India's second largest integrated oil refining and marketing Company. From transportation to power plants, textiles to pharmaceuticals, consumer durables to heavy engineering, Their petroleum products cover them all.
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Corparate Headquarters Office :
Petroleum House, 17,
Jamshedji Tata Road,
Mumbai, MH, 400020
Phone : +91-022-22863900
Fax : +91-022-22872992
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Indian Oil Blending Limited (IOBL) is a wholly owned subsidiary of Indian Oil Corporation Limited (IOCL). IOBL manufactures a diverse range of lubricating oils and greases under brand name 'SERVO'.
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/images/logos/local/th_indian_oil.jpgIndian Oil Corporation
IndianOil controls 10 of India's 18 refineries with a current combined rated capacity of 49.30 million metric tonnes per annum (MMTPA) or 990 thousand barrels per day (bpd). These include subsidiaries Chennai Petroleum Corporation Ltd and Bongaigaon Petroleum Corporation Limited. It owns and operates the country's largest network of cross-country crude oil and product pipelines of 7,170 km, with a combined capacity of 52.75 MMTPA
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/images/logos/local/th_indraprastha.jpgIndraprastha Gas Ltd
Indraprastha Gas Ltd. is a joint venture of GAIL (India) Limited, Bharat Petroleum Corporation Limited and the Government of the National Capital Territory of Delhi. IGL was incorporated to implement the Compressed Natural Gas (CNG) expansion programme and the Piped Natural Gas (PNG) project for varied applications in the domestic and commercial sectors
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/images/logos/local/th_ingenero.jpgIngenero
Ingenero provides remote monitoring and optimization for continuous process manufacturers, such as petroleum refineries and chemical producers. Its service allows clients in the US and Asia to increase yield, improve safety, and reduce emissions. Most services are provided from Ingenero's facility in India. Ingenero has established an alliance with United Oil Products (UOP), a major supplier of process technology, to jointly market the services of the two companies.
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/images/logos/local/th_kochirefineries.jpgKochi Refineries Ltd.
Kochi Refineries Limited (formerly known as Cochin Refineries Limited) is a petroleum refining company with Bharat Petroleum Corporation Limited (BPCL) as the majority shareholder...They took the road of quality and responsibility. And it paid rich dividends of goodwill and progress. It was thirty-five years back that KRL, formerly known as Cochin Refineries Ltd., started as a refinery with a capacity of 2.5 million metric tons per annum.In addition to producing petrol, the company also makes diesel, kerosene, liquefied petroleum gas (LPG), furnace oil, aviation turbine fuel, and bitumen.
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IOC, BPCL, HPCL gain up to 3% ahead of board meeting on interim dividend
Posted on 23rd March 2017
Shares of oil marketing companies (OMCs) such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) were trading higher by up to 3% on BSE ahead of their board meetings today to consider the interim dividend.

“The board of directors of the company would consider declaration of second interim dividend for the financial year 2016-17 on March 23, 2017 and record date to be considered,” these companies have said in a separate regulatory filing. Read More


Merger talks of ONGC, HPCL on at ministerial level
Posted on 15th March 2017
GUWAHATI: State-owned oil major ONGC has said the preliminary discussion for its acquisition of India's third-biggest fuel retailer HPCL has started and is going on at the ministerial level.

"The talks are going on at ministerial level. We have not discussed it at the ONGC board. The petroleum ministry wants this to happen because if integration takes place, there will be value creation," ONGC Director (onshore) Ved Prakash Mahawar told PTI here. Read More


ONGC-HPCL affair: The key takeaways
Posted on 2nd March 2017
News reports are abuzz with speculation that Oil and Natural Gas Corp. Ltd (ONGC) may acquire the government’s 51.1% stake in Hindustan Petroleum Corp. Ltd (HPCL). While there is no official confirmation of this news yet, who will benefit the most if it plays out according to the reports?

Prima facie, it looks like the government will walk away with the booty in this case. The government will earn about $4-4.5 billion as a result of this acquisition. That should assist it in meeting its divestment target. Based on Tuesday’s market price, the deal works out to Rs27,786 crore (or $4.17 billion). Read More


HPCL tanks 5% on reports ONGC may acquire it in Rs 44,000 crore deal
Posted on 28th February 2017
Shares of Hindustan Petroleum Corporation Ltd (HPCL) tanked over 5% on the BSE on news reports the state-owned Oil and Natural Gas Corporation (ONGC) may acquire HPCL in an about Rs 44,000 crore deal as part of the government's plan to create an integrated oil giant.

Reacting to the buzz, the stock of HPCL shed 5% to Rs 531 in intraday trade on the BSE. Stock of Bharat Petroleum Corporation Ltd (BPCL) also slipped nearly 3% to Rs 670. ONGC was trading flat at Rs 194. Read More


ONGC to take control of HPCL to create larger oil sector entity: Report
Posted on 27th February 2017
India's state-run Oil and Natural Gas Corp will take control of Hindustan Petroleum Corp as part of the government's plan to create an integrated public sector oil entity, the Economic Times daily reported on Monday citing top government officials.

India plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier this month as the world's third largest oil consumer looks to better compete with global majors in acquiring foreign assets. Read More

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