Hindustan Petroleum Corporation Limited

One dead, 13 injured due to fire in support vessel at Visakhapatnam port; deceased drowned after jumping to escape blaze

One person drowned and 13 others suffered burn injuries after a fire swept through an offshore support vessel, forcing the crew to jump into the sea.

Govt rules out bringing petroleum products under GST ambit; ignores aviation sector and oil companies' long-standing demand

The overall levy is not going to reduce significantly as the govt will impose cess above the 28 percent rate on petrol and diesel to ensure that there is no loss to the exchequer

Petrol, diesel price hike: Centre will not cut excise duty on fuels; no immediate relief for consumers

A cut in the excise duty on fuel will negatively impact the fiscal deficit glide path.

State-owned IOC, BPCL may buy 26% stake each in GAIL, pay Centre Rs 200 billion each

Following Finance Minister Arun Jaitley's February 2017 Budget announcement of creating integrated oil majors, IOC and BPCL had submitted separate proposals to buy the government's 54.89 percent stake in GAIL

ONGC looks to buy 26% stake in Indian Oil's Ennore LNG terminal

By taking equity, ONGC wants right to bring in at least a quarter of the LNG at Ennore and market it.<br /><br />

Death toll in fire at HPCL Vizag factory climbs to 11

The death toll in Friday's fire accident at the Hindustan Petroleum complex here has mounted to 11 with two more private workers succumbing to their burns at a hospital here today, a top executive said.

Buy Jet Airways, HPCL, Sesa Goa, Sell Divis Lab

Here are your intra day picks for the day from various market experts and brokerage houses.

Nifty closes above 5100, will the rally extend tomorrow?

The biggest gainers was the Oil & gas index after crude oil prices slumped leading traders to bet on them as one of the domestic sectors to outperform during a period of uncertainty.

OMCs rise on cash subsidy, HPCL surges 9%

Shares of HPCL surged over 9 percent in early trade today on frenzied buying buoyed by an over 12-fold jump in net profit for the third quarter ended December 31.

Oil companies gain on bourses after petrol price hike

Oil companies surged by almost 3 percent in early trade on the BSE after petrol prices were hiked by Rs 1.82 per litre from today.