Page 4 - Hindustan Petroleum Corporation
Domestic refiners shut down for maintenance as fuel demand wanes
Some firms also cut down their throughput
 "Domestic refiners shut down for maintenance as fuel demand wanes")
Oil marketing companies invite start-ups to deliver diesel at doorstep
The OMCs - Indian Oil, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation - have invited expressions of interest (EoIs) from start-ups that wish to be enrolled as FuelEnts.
 "Oil marketing companies invite start-ups to deliver diesel at doorstep")
India's petrol, diesel demand falls again due to high prices, lockdown
India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behind only the United States and Brazil
 "India's petrol, diesel demand falls again due to high prices, lockdown")
Govt changes policy to distribute free cooking gas cylinders: Details here
Earlier, beneficiaries under the Pradhan Mantri Ujjwala Yojana (PMUY) were entitled to three free liquefied petroleum gas (LPG) cylinders effective April 1 to June 30 this year.
 "Govt changes policy to distribute free cooking gas cylinders: Details here")
Sugar mills seek third ethanol supply tender from govt-owned OMCs
The excess production is a major issue as mills had planned to expand ethanol production
 "Sugar mills seek third ethanol supply tender from govt-owned OMCs")
Low oil prices good for importing countries like India: HPCL chairman
What happened in China is, to some extent, related to COVID-19, but (the fall in oil price) is independent in its own ways
 "Low oil prices good for importing countries like India: HPCL chairman")
Price hike on BS-VI won't hurt consumers, will meet April deadline: IOC
Company executives, including Chairman Sanjiv Singh, said they expected the matter of price hike for the cleaner fuel to be settled before the roll-out
 "Price hike on BS-VI won't hurt consumers, will meet April deadline: IOC")
BPCL privatisation likely to clear the decks for strategic partner in HPCL
Offloading the BPCL stake will bring in, at the current market values, Rs 56,400 crore to the government's kitty
 "BPCL privatisation likely to clear the decks for strategic partner in HPCL")
Fuel payment issues with oil PSUs will be resolved soon: Air India
The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue
 "Fuel payment issues with oil PSUs will be resolved soon: Air India")
Govt may sell entire stake in BPCL worth Rs 40,000 cr, IOCL likely suitor
If it goes through, an IOCL-BPCL merger will be the third mammoth amalgamation of state-owned companies, excluding banks, in three years
 "Govt may sell entire stake in BPCL worth Rs 40,000 cr, IOCL likely suitor")
HPCL, Mangalore Refinery merger may not happen this fiscal year
Industry experts are bullish about the possible synergy the merger can bring in for ONGC
 "HPCL, Mangalore Refinery merger may not happen this fiscal year")
Hindustan Petroleum Q2 profit more than doubles, misses estimates
Net profit for the three months ending September 30 soared to Rs 1,735 crore from Rs 701 crore a year earlier
 "Hindustan Petroleum Q2 profit more than doubles, misses estimates")
ONGC-HPCL deal to happen by Dec
ONGC is likely to sell its stake in Indian Oil Corporation and Gail to fund the acquisition
 "ONGC-HPCL deal to happen by Dec")