Stock to Track: HPCL Visakh refinery project in advance stage, capacity reaches 15 million tonnes, say sources

Stock to Track: HPCL Visakh refinery project in advance stage, capacity reaches 15 million tonnes, say sources

Hindustan Petroleum Corporate Ltd shares are set to be in focus on Wednesday. State-run HPCL’s ‘Visakh’ refinery in Visakhapatnam, Andhra Pradesh, is in an advanced stage of modernisation, sources told Zee Business. A slew of updates executed under the Visakh modernisation project have helped the refinery reach 15 million tonnes of crude oil processing capacity,…

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Relief in sight for IOC, BPCL, HPCL? LPG losses for oil firms may drop 45% in FY26 if crude stays at /barrel, says report

Relief in sight for IOC, BPCL, HPCL? LPG losses for oil firms may drop 45% in FY26 if crude stays at $65/barrel, says report

India’s oil marketing companies (OMCs) may finally be heading for some relief after years of absorbing losses on domestic LPG sales.  According to a CareEdge Ratings report, LPG-related losses for Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) could fall by nearly 45 per cent in FY26, if crude oil…

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