State-run Hindustan Petroleum Corporation Ltd on Wednesday said it was in advanced stages of talks with Shell India for picking up stake in its Hazira LNG terminal in Gujarat and a deal was possible this fiscal.
State-owned HPCL will set up a 100 MW wind park and launch pilot projects for bio-diesel production - moves that could deliver significant cost advantages to the company.
Workers of India's third largest oil refiner Hindustan Petroleum Corporation Ltd have decided to go on an indefinite strike from January 15 to protest against campus recruitment of new staff and "autocratic" management.
Hindustan Petroleum Corporation Ltd will invest Rs 500 crore (Rs 5,000 million) over the next 2-3 years in oil exploration and plans to continue with its retail venture by setting up 750 petrol stations this fiscal.
ONGC has awarded the service contract for development of its B-192, B-45 and WO-24 fields, known as Cluster 7, south-west of the Mumbai High field to a consortium of HPCL, Prize Petroleum Comnpany Ltd and Malaysia's M3nergy Berhad (Trenergy). \n\n
Hindustan Petroleum Corporation is all set to sell half its stake in the Vishakapatnam refinery to French firm Total SA, which will bring in Rs 6,000 crore (Rs 60 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
