Recent Highlights
All Stories for Hindustan Petroleum Corp Ltd
Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%
• 5 years agoIndia's fuel consumption slumped by a record 50 percent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel
Govt plans to fill strategic petroleum reserve by third week of May; to help refineries reduce excess crude
• 5 years agoIndia plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country’s SPR said on Tuesday
IOC gets first shipload of 1 million barrels crude oil from UAE to fill strategic reserves
• 5 years agoIndia is capitalizing on low global oil prices to fill its underground strategic oil reserves, with the first shipload of 1 million barrels of crude oil from the UAE arriving at Mangalore as part of efforts to shore up supplies to meet any supply or price disruption
Airline, oil marketing stocks fall as crude prices surge; SpiceJet down 4.9%, IndiGo 4.7%
• 5 years agoAirline and oil marketing stocks on Monday fell as crude oil prices surged after OPEC and its allies agreed to cut down on crude production
Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown
• 5 years agoIndia’s fuel consumption slumped by over 66 percent in April as a nationwide lockdown halted economic activity and travel, which eviscerated demand
India to use low priced oil from Saudi Arabia, UAE and Iraq to fill strategic reserves
• 5 years agoCapitalising on low global oil prices, India will fill its underground strategic oil reserves with oil from Saudi Arabia, the UAE and Iraq as it shores up supplies to meet any supply or price disruption
State refiners may sign annual deals to buy Russian oil; India moves to tap new sources to hedge geopolitical risks: Report
• 5 years agoIndia, the world’s third-biggest oil consumer and importer, which ships in over 80 percent of its needs, usually relies on the Middle East for the majority of its supply
New fuel retail policy: Licensees have to set up minimum 100 petrol pumps, 5% of it in remote areas
• 5 years agoIndia's new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least 5 percent of them in remote areas
Govt opens up fuel retailing; allows non-oil companies to set up petrol pumps to increase competition
• 5 years agoThe government on Wednesday opened up fuel retailing norms, allowing non-oil companies to set up petrol pumps to increase competition
State-owned oil companies say Air India not honouring Rs 100 cr per month payment promise
• 5 years agoState-owned oil companies on Tuesday accused Air India of not honouring its commitment to pay Rs 100 crore every month to clear overdue ATF outstanding of over Rs 5,000 crore and will be forced to snap supplies at major airports from Friday if no solution is offered