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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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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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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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State-owned oil marketing companies gain; BPCL hits new high
Posted on 27th June 2016
Shares of state-owned oil marketing companies such has Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) were trading higher between 2%-5% on the bourses as oil prices dropped on Monday, extending Friday’s sharp decline after Britain's vote to leave the European Union.

“Brent crude futures were down 15 cents at $48.26 a barrel by 0238 GMT on Monday, after settling down $2.50, or 4.9 percent, at $48.41 on Friday,” the Reuters report suggests. Read More


IOC, BPCL clinch deal with RIL, Essar to restart diesel buy
Posted on 7th June 2016
State-owned IOC, BPCL and HPCL have struck a temporary deal with Reliance Industries and Essar Oil to resume buying petrol and diesel from private refiners on revised terms.

Short of own production, state refiners Indian Oil Corp (IOC), Hindustan Petroleum Corp (HPCL) and Bharat Petroleum Corp (BPCL) buy about 12 million tonnes of diesel annually from Jamnagar refineries of RIL and the Vadinar unit of Essar. Read More


Remain positive on HPCL’s refining cycle: Nomura
Posted on 7th June 2016
After the strong Q3, we had expected Hindustan Petroleum (HPCL)’s Q4 to be stronger. HPCL reported stronger than our expectations and beat our earnings estimates for both refining and marketing. Q4 EBITDA of `25.9 billion (+19% q-o-q) was 10% ahead of our estimate. Refining GRM was $7.5/bbl, vs our estimate of 5.8/bbl. The discount to Singapore complex margin remains very low at -$0.3/bbl (-$0.1/bbl in Q3). Read More

HPCL BPCL profits down
Posted on 28th May 2016
Hindustan Petroleum Corporation Limited (HPCL)'s performance for the quarter ended March, like that of Bharat Petroleum Corporation Limited (BPCL), was impressive and much ahead of estimates.

HPCL' profit at Rs 1,553 crore declined 28.2 per cent year-on-year (y-o-y), but beat Bloomberg consensus estimate of Rs 1,087 crore by 43 per cent. The topping of the estimate was led by better-than-expected operating performance. Ebitda at Rs 2,643 crore was substantially higher than Rs 2,378-crore Bloomberg consensus estimate. Read More


HPCL plans $3.8 billion refinery investment to lift capacity by two-thirds
Posted on 19th April 2016
MUMBAI: Hindustan Petroleum Corp plans to invest around $3.8 billion to ramp up its refining capacity by two-thirds this decade, as the country's oil demand soars and to meet cleaner fuel standards, a company official told Reuters.

Fuel demand in India - the world's third-biggest oil consumer - is rising at its fastest clip in more than a decade, buoyed by Prime Minister Narendra Modi's manufacturing push and as an expanding middle class buys more cars. Read More

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