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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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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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BPCL, HPCL, IOC shares gain on petrol price hike
Posted on 16th September 2016
Shares of oil marketing companies (OMCs) such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) were trading higher in the early trade on Friday after they revised fuel prices. Petrol prices increased by 0.58 per litre while diesel prices decreased by Rs 0.31 per litre.

IOC shares advanced as much as 0.9 per cent in the early trade. At 9.35 am, the scrip was trading 0.60 per cent up at Rs 561.85. Read More

HPCL wants ONGC to cut stake in MRPL
Posted on 12th September 2016
Mumbai: State-run Hindustan Petroleum Corp. Ltd (HPCL), one of the promoters of Mangalore Refineries and Petrochemicals Ltd (MRPL), wants Oil and Natural Gas Corp. Ltd (ONGC) to divest a part of its stake in the refinery so that it can meet minimum public shareholding norms, said two HPCL officials aware of the development.

At the end of June, HPCL held a 16.95% stake in MRPL, and ONGC, the other promoter, owned 71.6%. The public shareholding in MRPL was 11.42%, less than half the 25% prescribed by the Securities and Exchange Board of India (Sebi). Read More

HPCL aims for refining capacity of 60 million tonnes by 2030: Mukesh Kumar Surana
Posted on 9th September 2016
India's third biggest crude oil refiner, Hindustan Petroleum Corp (HPCL), plans to expand its refining capacity to more than 60 million tonnes annually, or about 1.2 million barrels of oil per day by 2030, according to a senior company official.

This will not only help the company fill the yawning gap between the volume it refines and the volume it markets through its retail outlets, but also help in meeting the burgeoning fuel demand in the country, said HPCL Chairman Mukesh Kumar Surana at a conference late on Thursday. Read More

In a first, HPCL to launch dynamic fuel pricing
Posted on 7th September 2016
Mumbai: To beat competition from its own peers and private players, state-run Hindustan Petroleum Corp. Ltd (HPCL) has decided to experiment with dynamic fuel pricing at its fuel retail outlets, said two senior HPCL officials, on the condition of anonymity.

Currently, HPCL has launched dynamic pricing at a few of its retail outlets on a pilot basis, to be extended to other outlets across the country at a later stage. Read More

HPCL, GAIL to divest up to 50% stake in petrochem plant in AP
Posted on 23rd August 2016
State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd will divest up to 50 per cent stake in the Rs 30,000 crore petrochemical plant which is being set up in Andhra Pradesh.

HPCL and GAIL are looking at setting up a 1 million tonnes Ethylene Derivatives plant, which will produce a wide range of petrochemical raw materials for the manufacture of detergents, paints and coatings, cosmetics, textiles and adhesives. Read More

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