News & Filings
HINDPETRO \u2014 Recent Activity
10 items in the last 14 days
AI Summary
India's energy costs may be impacted by recent developments, including a potential increase in refinery project costs and changes in global oil prices. The country's fuel retailers are also seeking advance payments from dealers due to surging global prices. These factors could affect the prices of fuel and other related products in the Indian market, which may have implications for the overall economy and consumer expenses.
India raises HPCL Rajasthan Refinery project cost to $8.6 billion
NEW DELHI, April 8 (Reuters) - India's cabinet approved an 84% increase in the project costs of HPCL Rajasthan Refinery Ltd (HRRL) to 794.59 billion rupees ($8.60 billion), Information Minister
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India buys first Iran LPG cargo in years after US eases sanctions, sources say
By Nidhi Verma NEW DELHI, March 25 (Reuters) - India has bought its first cargo of Iranian liquefied petroleum gas in years after the U.S. temporarily removed sanctions on Tehran's oil and refined
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India HPCL buys 2 million barrels of West African oil for early May, sources say
By Nidhi Verma NEW DELHI, March 20 (Reuters) - India's state-run Hindustan Petroleum has bought 2 million barrels of Angolan oil via a tender, three trade sources said, as reduced availability of
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Factbox-India, a major energy consumer and refiner, assesses domestic availability
By Nidhi Verma NEW DELHI, March 19 (Reuters) - India, the world's third biggest oil importer and consumer, has been hit hard by the U.S.-Israeli war on Iran that has badly disrupted energy shipments
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India fuel retailers seek advance payments from dealers as global price surges
By Nidhi Verma NEW DELHI, March 17 (Reuters) - Indian state-owned fuel retailers are seeking advance payments for gasoline and gasoil supplied to fuel pumps nationwide, dealers said, as the companies
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India's LPG consumption declines due to shortages in wake of Iran war
By Nidhi Verma NEW DELHI, March 16 (Reuters) - Indian state fuel retailers' sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from
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Indian refiners fall as Brent spikes to near 4‑year high on Iran conflict
March 9 (Reuters) - Indian refiners slumped on Monday as a widening U.S.-Israeli war with Iran pushed Brent crude to a nearly four-year high, threatening their near-term earnings and raising the risk
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Indian refiners raise LPG rates for first time in a year amid Iran conflict
Investing.com — India’s state-run refiners hiked the price of domestic cooking gas for the first time in nearly a year on Saturday, as the intensifying conflict in the Middle East chokes energy flows through the Strait of Hormuz. The move highlights the growing economic toll of the regional war on the world’s third-largest liquefied petroleum gas (LPG) consumer.
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India invokes emergency powers, orders refiners to boost LPG output
By Nidhi Verma NEW DELHI, March 6 (Reuters) - India has invoked emergency powers and directed refiners to maximise production of liquefied petroleum gas (LPG) to prevent a shortage of the cooking fuel
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Pine Labs wins digital payments contracts with Indian oil companies
The company signed agreements with BPCL, HPCL and IOCL.
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