BP, IOC, HP record wins in PSPB inter-unit TT

Following are the results of 32PSPB inter-unit table tennis tournament hosted by Bharat Petroleum at SAG hall, Campal, here, Thursday.Women: OIL beat EIL at 3-0, IOC beat ONGC 3-2, BPCL beat HPCL 3-1, IOC beat OIL 3-0, ONGC beat HPCL 3-0, BPCL beat EIL 3-0.Men: ONGC beat GAIL 3-0, BPCL beat EIL 3-1, HPCL beat OIL 3-1, BPCL beat OIL 3-1, HPCL beat EIL 3-0, IOC beat GAIL 3-0, OIL beat EIL 3-0.Veterans:...

Hindustan Petroleum (HPCL) Engineer recruitment using GATE 2013 scores

score for short listing of the candidates, who have applied to HPCL. Further selection process will consist of. HPCL will get the GATE-2013 scores directly from GATE authorities. Only those candidates, who have appear in GATE-2013 in the relevant disciplines and have registered themselves with HPCL would be considered for further selection process in HPCL....

HPCL plans to raise $300 million to fund expansion

(HPCL)...

Cooking gas bookingissue lands in HC

companies, HPCL andJuvenile...

HPCL to recruit 250 Graduate Engineers through GATE 2013

Hindustan Petroleum Corporation Limited HPCL to recruit 250 Graduate Engineers through GATE 2013 - HPCL vacancies 2013, HPCL Jobs for Graduate Engineers in 2013, Application Dates, GATE 2013 Scores and EligibilityHindustan Petroleum Corporation Limited to recruit 250 Graduate Engineers through GATE-2013, with an annual turnover of1,88,131 Crores , having about 20% marketing share in India and a strong...

Earnings outlook worsens

FY12 earnings outlook of R&M (refining & marketing) companies in general and that of Hindustan Petroleum Corporation Ltd in particular has worsened. R&M companies including HPCL have been hit by weak refining margins (GRM) in H1FY12 and worsening subsidy situation. We have therefore cut HPCL’s FY12 earnings by 45% to R20/share mainly due to cut in GRM (gross refining margin).We have also cut HPCL’s...

OMCs stop oil supply to Kingfisher Airlines

were grounded at two major airports in the country at Delhi and Mumbai for at least an hour as one of the oil-marketing companies (OMCs),(HPCL) refused supply of fuel to the airline on non- pay payment of dues. HPCL, reportedly has Rs 500 crore in oil dues to be recovered from Kingfisher airlines, according to sources."There was a minor issue with Kingfisher and that has been settled," HPCL spokesperson...

HPCL plans to raise $300 million to fund expansion

(HPCL) is planning to raise $300 million in the second half of the current fiscal. It has appointed Bank of Tokyo-Mitsubishi UFJ,"We are currently conducting road shows and this capital-raising exercise of $300 million with a greenshoe option is to primarily fund expansion activities at our existing and new refinery projects," said B Mukherjee, director-finance, HPCL.HPCL is planning to build a new...

HPCL ordered to cut Vizag output 30%

Andhra Pradesh Pollution Control Board has asked Hindustan Petroleum Company Ltd’s (HPCL) Vishakapatnam refinery to cut production by 30% to keep emissions levels within prescribed standards.The board has also given HPCL the option of processing low-sulphur crude during winter.HPCL runs two refineries- one in Mumbai and the other in Vizag. While the Mumbai refinery has a capacity of about 6.5 million...

HPCL approves JV for Rs 37,320 crore Barmer refinery

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.HPCL board in its meeting on April 24 at Jaipur "approved formation of a joint venture company for Rajasthan Refinery at Barmer", the statement said.HPCL will hold 74 per cent stake...