HPCL-Mittal Energy Ltd will start up a bio-ethanol plant at its Bathinda refinery in northern India in 2023 as part of measures to reduce its carbon emission
Hero MotoCorp on Tuesday said it has joined hands with Hindustan Petroleum Corporation Ltd to set up charging infrastructure for electric two-wheelers in the country. As a part of the initiative, the two companies will first establish charging infrastructure at Hindustan Petroleum Corporation's (HPCL) existing network of stations, with the likelihood of subsequently broadening the collaboration for supplementary business opportunities. In the first phase, the charging stations will be set up in select cities, which will then be expanded to other key markets with the aim of establishing a high density of EV charging station network across the country, Hero MotoCorp said in a statement. The two-wheeler major will lead the infrastructure development for the charging network with each charging station featuring multiple fast chargers, including DC and AC chargers that will be available to all two-wheeled EVs, it added. The entire user charging experience will be controlled by a Hero ..
The three state-owned fuel retailers haven't changed auto fuel prices for over four months now to help the government contain runaway inflation
India's ethanol blending in petrol has increased to 10.16 per cent in 2022
So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period
Global cues will be important as geopolitical concerns are rising whereas both domestic and global macro numbers will play an important role, says an analyst
L N Mittal-backed HPCL-Mittal Energy and govt-owned companies remain in contention for the bankrupt firm
According to the technical analyst from Anand Rathi, Hindustan Petroleum can be bought near Rs 237, while Whirlpool of India should be bought above Rs 1,680.
The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.
After over five months, Oil and Natural Gas Corporation (ONGC) has finally got a director appointed on the board of Hindustan Petroleum Corporation Ltd -- a firm it had acquired for Rs 36,915 crore
According to petroleum dealers, BPCL and HPCL have restricted the fuel supply and are providing only 33 per cent oil of the total demand which is triggering the fuel crisis.
For over five months now, Oil and Natural Gas Corporation (ONGC) has had no representative on the board of Hindustan Petroleum Corporation Ltd
According to the technical analyst from Anand Rathi, Elecon has confirmed a range breakout while HPCL seems to be testing support at its long-term trend line.
CLOSING BELL: Dr Reddy's Labs, JSW Steel, Nestle India, Tata Motors, Tata Steel, Cipla, Adani Ports, L&T, RIL, Axis Bank, and SBI led from the front, rallying over 3.5 per cent each
HPCL CMD said the company earned $12.44 on turning every barrel of crude oil into fuel in Q4FY22 as against a gross refining margin GRM of $8.11 per barrel in the same quarter a year back
India, the world's third biggest oil importer and consumer, is struggling like much of the rest of the world with inflation at multi-year highs, and is keen to cut its import bill
As per media reports, the government is considering selling a 20-25 per cent stake in BPCL instead of its entire 53 per cent holding, previously under divestment process.
Pushp Kumar Joshi on Sunday took over as the new chairman and managing director of India's third largest oil refining and fuel marketing company Hindustan Petroleum Corporation Ltd (HPCL).
Seven companies had put in 21 bids for city gas licences in five areas in states like Uttar Pradesh and West Bengal
Petrol and diesel prices remained unchanged between Nov 4 and March 21 despite prices of crude oil averaging around $111 per barrel in the first 3 weeks of March compared to around $82 in early Nov