Overview
Revenue
$10+ billion (USD) per year
Competitors
ExxonMobil, Indian Oil, Shell
Headquarters
Mumbai, Maharashtra
Hindustan Petroleum Corporation Limited refines crude oil and manufactures petroleum and petroleum products. The Company's products, which are sold via outlets throughout India, include lube products, lubricating oil, aviation fuel, hydraulic brake fluid, greases, liquefied petroleum gas and insecticides. The Government of India is the majority shareholder in the company. HPCL is a Government of India Enterprise with a Navratna Status, and a Fortune 500 and Forbes 2000 company.Hindustan Petroleum Corporation Limited refines and markets petroleum products in India. It operates through two segments, Downstream Petroleum and Exploration & Production. The company offers petrol, liquefied petroleum gas (LPG), diesel, kerosene, naphtha, and lube base oils, as well as approximately 300 grades of lubricants, specialties, greases. It also provides aviation turbine fuel services at various airports; and markets and exports bulk fuels and finished petroleum products, including various fuels, bitumen, marine bunker fuels, marine lubes, hexane, propylene, jute batch oil, solvents, turpentine oil, carbon black feed stock, molten sulphur, superior kerosene oil (SKO), and HP FINIT, a household insecticide directly to industrial consumers, such as power plants, chemicals, fertilizers, shipping companies, and airlines. In addition, the company is involved in international trade activities comprising crude oil imports, petroleum product imports/exports, shipping, production planning for refineries, supplies for domestic markets, and product exchange with other Indian oil companies and oil price risk management. Further, it offers LPG for domestic, commercial, industrial and bulk, auto, piped gas, and community kitchen applications under the HP Gas name; and is engaged in laying, building, and operating natural gas pipelines. Additionally, the company explores for and produces hydrocarbons; and operates wind power farms with a capacity of 50 MW located in Maharashtra and Rajasthan. As of March 31, 2013, it operated 12,173 retail outlets, as well as had 2 refineries, 34 terminals/tap off points, 90 depots, 45 LPG bottling plants, 35 aviation service facilities, 1,638 SKO/light diesel oil dealers, and 3,194 LPG distributors. As of the above date, the company had participating interests in 15 active domestic onshore and offshore blocks, as well as 2 blocks in Egypt. Hindustan Petroleum Corporation Limited is headquartered in Mumbai, India.Hindustan Petroleum Corporation Limited refines crude oil and manufactures petroleum and petroleum products. The Companys products, which are sold via outlets throughout India, include lube products, lubricating oil, aviation fuel, hydraulic brake fluid, greases, liquefied petroleum gas and insecticides. The Government of India is the majority shareholder in the company.Hindustan Petroleum Corporation Limited (HPCL) - Indian Refining and Marketing Major, Fortune 500 company, has two major fuel refineries in India. Operates the largest lube refinery of India. HPCL supplies petroleum fuel for industries, Leaders in marketi Hindustan Petroleum is one of India's top oil refiners (along with Indian Oil and Bharat Petroleum) and accounts for 10% of the country's total refining requirements. The company has two major refineries -- one in Mumbai, the other in the southern Indian city of Vishakhapatnam -- and produces lubricants, aviation fuel, liquefied petroleum gas, and light diesel oil. Hindustan Petroleum also holds a 17% stake in a refinery at Mangalore. Other businesses include pipelines, a lube refinery (with a 40% share of the lube oil market), and more than 8,000 gas stations nationwide. The Indian government owns 51% of the company.
