The Latest Breaking News from HPCL

Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: Report

Jio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, widening pressure on station inventories. The price gap between retail and bulk diesel has reached up to Rs 40 a litre, with IOC, BPCL and HPCL likely to…

The Economic Times · Sep 28

Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRA

State-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices surge while domestic fuel prices remain unchanged, rating agency ICRA said. The daily loss is estimated at Rs 530 crore, while LPG under-recoveries…

The Economic Times · Sep 23

ONGC to enter oil trading, build strategic reserves as upstream remains core

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Exploration and production remain ONGC's central strategic focus. The company will spend one lakh crore on deepwater drilling by 2031. This expansion aims to strengthen supply security and extract…

The Economic Times · Aug 31

Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan Bank

Indian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significant profit growth, while Adani Total Gas saw a decline. Maruti Suzuki announced a price increase, and several companies will report quarterly results soon. Bandhan Bank and Indian Hotels also posted strong first-quarter…

The Economic Times · Jul 22

Bharatgas introduces Lite ZIP, a next-generation lightweight LPG cylinder, to expand to 100 cities by August 15

Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections and express delivery services. The company plans to expand this service to 100 additional cities by August 2026. This launch follows a similar initiative by Hindustan Petroleum Corporation Ltd. These moves…

The Economic Times · Jul 19

Instamart ties up with HPCL to launch India’s first on-demand LPG cylinder delivery on quick commerce

Instamart and HPCL launch India's first on-demand LPG cylinder delivery service. Consumers can now order HP Navya composite LPG cylinders via the Instamart app. This new service requires no existing domestic LPG connection for ordering. First-time orders are new cylinder purchases, while subsequent orders are refills. The partnership aims to…

The Economic Times · Jul 15

IOC, BPCL, HPCL step up fuel quality checks amid social media concerns

Indian Oil, Bharat Petroleum, and Hindustan Petroleum have intensified fuel quality inspections nationwide. These companies conducted thousands of surprise checks and tests over the past week. Their quality assurance systems involve field inspections and laboratory testing. No adulteration or critical irregularities were found during these recent checks. Customers are urged…

The Economic Times · Jul 14

Oil firms eye wider rollout of lightweight 10-kg LPG cylinders for commercial users

State-owned oil companies are considering offering lightweight ten-kilogram LPG cylinders to commercial users. These composite cylinders could be sold at commercial rates through gas agencies and retail outlets. This expansion aims to benefit migrant workers and small businesses needing LPG. The lightweight cylinders are already available for domestic consumers under…

The Economic Times · Jul 13

This sector is set to dominate Q1 earnings for all the wrong reasons

Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses as elevated crude prices crushed fuel marketing margins. The sharp earnings hit is likely to overshadow profit growth in financials, telecom and metals, dragging overall India…

The Economic Times · Jul 9

India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude…

The Economic Times · Jul 9