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The oil ministry has said the insurance problem will be resolved, HPCL's head of refineries B.K. Namdeo told reporters.
Net profit fell to Rs 318.92 crore in July-September from Rs 2,372.09 crore a year earlier, HPCL director (Finance) K V Rao told reporters here.
The Union Cabinet has approved setting up of Hindustan Petroleum Corp Ltd's (HPCL) Rs 37,229 crore refinery-cum-petrochemical complex in Rajasthan.
Hindustan Petroleum Corp Ltd (HPCL) aims to operate its fire-hit 166,000 barrels per day Vizag refinery at full capacity by the end of this month, V V R Narasimham, executive director of the plant, said on Friday.
The Directorate of Factories of Andhra Pradesh will be seeking an explanation from the Visakhapatnam facility of the state-owned Hindustan Petroleum Corporation Limited (HPCL), on the recent fire in the refinery-cum-petrochemical complex which left 2...
The death toll in last month's fire accident at Hindustan Petroleum Corporation Limited's (HPCL) complex in Visakhapatnam rose to 24 with one more worker succumbing to his burn injuries on Tuesday.
The death toll in the massive fire at Hindustan Petroleum refinery-cum-petrochemical complex Visakhapatnam, today rose to 19 with one more private worker succumbing to burns at a local hospital.
He said his firm will not import fuel to make up for the cut in throughput but instead will buy more from private refiners.
TDP president N Chandrababu Naidu today demanded a high-level probe into the fire at state-run Hindustan Petroleum (HPCL) refinery complex in Visakhapatnam in which eight persons were killed.
The death toll in the major fire that broke out on Friday in the state-owned Hindustan Petroleum Corporation Ltd (HPCL) refinery in Andhra Pradesh's coastal city of Visakhapatnam rose to eight, police said on Saturday.
The death toll in the major fire that broke a day ago in the Hindustan Petroleum Corporation Ltd (HPCL) refinery in Andhra Pradesh's coastal city of Visakhapatnam rose to four, police said on Saturday.
One person has died and 30 people are reportedly injured in a fire at the Hindustan Petroleum refinery in Visakhapatnam, Andhra Pradesh.
B.K. Namdeo, head of refineries for HPCL, said the company plans to buy 30,000-40,000 barrels per day of Nigerian oil this fiscal year through the spot market.
Net loss in this April-June quarter was lower than Rs 9,249 crore in the same period a year ago, HPCL director (finance) K V Rao told reporters here.
The rupee fell after the Reserve Bank of India left interest rates unchanged on Tuesday and did not announce any more specific measures to defend the currency after announcing this month steps to drain cash from the financial system.
Hindustan Petroleum Corporation Ltd (HPCL) and one of its distributors have been directed to pay Rs 50,000 as compensation to a customer for damage caused to his home due to an explosion triggered by LPG leakage.
"GAIL has confirmed its participation in the petrochemical project... We have written to foreign companies if they are interested in the project," S. Roy Choudhury told reporters.
Net profit in January-March, 2013 jumped to Rs 7,679.31crore from Rs 4,630.99 crore in the same period last year, HPCL director (finance) B Mukherjee told reporters here.
Hindustan Petroleum Corp Ltd (HPCL) has approved the incorporation of a joint venture company to set up Rs 37,320-crore oil refinery and petrochemical complex in Rajasthan, the state-owned oil firm said in a statement on Thursday.
Deutsche Bank upgraded Hindustan Petroleum Corp Ltd to hold from sell, saying the stock is "fairly valued- after underperforming against the Sensex over the past six months.
The board of public sector oil firm Hindustan Petroleum Corp. Ltd (HPCL) has approved the proposed joint venture with infrastructure major Shapoorji Pallonji for building a terminal for importing liquefied natural gas (LNG). According to sources, bot...
Hindustan Petroleum Corporation Ltd (HPCL) may have to halt Iranian oil imports from June because the Western sanctions could mean its refineries cannot renew insurance to process the crude, officials said on Tuesday.