Hindustan Petroleum Corporation Limited (BOM:500104)

QUOTE AND NEWS
The Economic Times  Oct 28  Comment 
State-run oil refiner Hindustan Petroleum Corporation Ltd (HPCL) today reported a net loss of Rs 136.68 crore for the second quarter of the current fiscal, whereas the same was at Rs 3,218.92 crore during the year-ago period.
Business Standard  Oct 11  Comment 
When the proposed projects of Lakshmi Mittal Group are getting delayed in other states, the refinery project funded by the Mittal group in joint venture with Hindustan Petroleum at Bathinda in Punjab is almost halfway through.
Reuters  Sep 24  Comment 
India's Hindustan Petroleum Corp Ltd (HPCL) has shut down for repairs a 600,000 tonnes per year (tpy) fluid catalytic cracking unit (FCCU) at its Vizag refinery since mid-September and will restart it on Monday, a company official said.
Reuters  Sep 24  Comment 
State-run Hindustan Petroleum Corp is offering up to three cargoes of vacuum gas oil (VGO) for September-October loading in a rare move, a tender document issued by the company showed.
Reuters  Sep 18  Comment 
The chairman of Hindustan Petroleum Corp said its planned refinery and petrochemical project at Vizag in southern India remained on hold and its viability could be reassesed after six months
The Economic Times  Aug 26  Comment 
Hindustan Petroleum Corporation Ltd (HPCL) will invest Rs 6,900 crore to upgrade its diesel quality to Euro III and IV.
The Economic Times  Aug 14  Comment 
The Jharkhand industries department is planning to tie up with Hindustan Petroleum Corporation for selling handloom, handicrafts and silk products, using the company's petrol pump network.
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Hindustan Petroleum Corporation Limited (BOM:500104) (HPCL) is a Public Sector Undertaking (PSU) of Government of India. It's a Fortune 500 company, with an annual turnover of Rs. 1,16,428 Crore and sales/income from operations of Rs 1,31,802 Crore (US$ 25,618 M) during FY 2008-09.
It has about 20% Marketing share in India and about 10% of the nation's refining capacity.It also owns the country's largest Lube Refinery which amounts to 40% of the national capacity of Lube Oil production.

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