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Hindustan Petroleum & Indian Oil Corporation

41 shared events · Importance 4 · Last updated Aug 21, 2026

Importance
4
Shared Events
41
Actions
0
Sentiment
0
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Hindustan Petroleum is a state-owned peer and direct competitor of Indian Oil Corporation, though the two companies collaborate as joint venture partners in major infrastructure projects like IHB Limited and GSPL India Gasnet.

100
Regulatory
Hindustan Petroleum: Hindustan Petroleum, as a key OMC, contributed to the nationwide testing and joint statement, helping to dispel contamination concerns and maintain consumer confidence.
Indian Oil Corporation: As a leading OMC, Indian Oil Corporation conducted extensive nationwide testing and issued a joint statement reassuring fuel quality, which supports its reputation and consumer trust.
Aug 04, 2026 · 56 articles
90
Business
Hindustan Petroleum: As a major oil marketing company, it reduced commercial LPG prices, potentially impacting its margins but aligning with government policy.
Indian Oil Corporation: As a major oil marketing company, it reduced commercial LPG prices, potentially impacting its margins but aligning with government policy.
Aug 01, 2026 · 6 articles
87
Business
Hindustan Petroleum: Hindustan Petroleum, another Public Sector Oil Marketing Company, is crucial in coordinating logistics and maintaining adequate fuel and LPG stocks in India — Nagaland, reinforcing its role in energy distribution.
Indian Oil Corporation: As one of the primary Public Sector Oil Marketing Companies, Indian Oil Corporation is actively involved in assuring the public of stable fuel and LPG supplies in India — Nagaland, which helps maintain its operational stability and public trust.
May 19, 2026 · 6 articles
80
Domestic
Hindustan Petroleum: Hindustan Petroleum>>> is among the state-owned fuel retailers that are experiencing considerable losses due to the disparity between elevated global energy costs and the subsidized prices at which they sell domestic LPG, petrol, and diesel.
Indian Oil Corporation: Indian Oil Corporation>>> is one of the state-owned fuel retailers incurring significant losses on domestic LPG, petrol, and diesel sales due to elevated global energy costs and the government's policy of not fully passing on price increases to consumers.
Jun 06, 2026 · 78 articles
80
Domestic
Hindustan Petroleum: Hindustan Petroleum, another state-run fuel retailer, is required to develop plans for increasing LPG storage capacity to meet the government's 30-day reserve target.
Indian Oil Corporation: As a state-run fuel retailer, Indian Oil Corporation has been asked by the government to prepare plans for additional LPG storage capacity, which will involve significant investment and operational adjustments.
May 29, 2026 · 9 articles
79
Business
Hindustan Petroleum: Hindustan Petroleum>>> is another public sector oil marketing company that is part of the effort to ensure stable fuel supplies in India — Assam>>>.
Indian Oil Corporation: Indian Oil Corporation>>>, as a major public sector oil marketing company, is a key entity in assuring the public about fuel availability and maintaining supply chains.
May 18, 2026 · 6 articles
70
Regulatory
Hindustan Petroleum: Hindustan Petroleum, as a public sector oil marketing company, was directed to enforce the fuel sale restrictions and later resume normal supplies. It also absorbed losses to protect retail consumers.
Indian Oil Corporation: Indian Oil Corporation, as a public sector oil marketing company, was directed to enforce the fuel sale restrictions and later resume normal supplies. It also absorbed losses to protect retail consumers.
Jun 11, 2026 · 101 articles
70
Domestic
Hindustan Petroleum: Hindustan Petroleum>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
May 19, 2026 · 125 articles
70
Domestic
Hindustan Petroleum: Hindustan Petroleum, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.
Indian Oil Corporation: Indian Oil Corporation, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.
May 26, 2026 · 17 articles
70
Regulatory
Hindustan Petroleum: Hindustan Petroleum, as an OMC, participated in the evaluations and is involved in ethanol cooking fuel development, with potential benefits from ethanol demand.
Indian Oil Corporation: As a major OMC, Indian Oil Corporation participated in the evaluations and is involved in developing ethanol cooking alternatives, benefiting from ethanol procurement.
Aug 10, 2026 · 6 articles
60
Regulatory
Hindustan Petroleum: The Hindustan Petroleum was directed by the India — Karnataka High Court to consider a representation for enhanced ethanol allocation, an order now under status quo by the India — Supreme Court of India.
Indian Oil Corporation: The Indian Oil Corporation was directed by the India — Karnataka High Court to consider a representation for enhanced ethanol allocation, an order now under status quo by the India — Supreme Court of India.
Jun 30, 2026 · 32 articles
60
Business
Hindustan Petroleum: HPCL's participation as a sponsoring company provides similar benefits to startups and the company.
Indian Oil Corporation: IOCL's participation as a major oil company supports the initiative and may benefit from innovative solutions.
Aug 20, 2026 · 12 articles
50
Business
Hindustan Petroleum: Hindustan Petroleum, a state-owned fuel retailer, has kept its fuel prices stable. This contrasts with Nayara Energy's price cuts and could affect its competitive standing in the retail fuel market.
Indian Oil Corporation: Indian Oil Corporation, a state-owned fuel retailer, has kept its petrol and diesel prices unchanged despite Nayara Energy's reductions. This could lead to a temporary disadvantage in price competitiveness compared to Nayara Energy.
Jul 01, 2026 · 25 articles
50
Business
Hindustan Petroleum: HPCL similarly held fuel prices steady, exacerbating marketing margin losses.
Indian Oil Corporation: IOC, along with BPCL and HPCL, kept fuel prices below cost, contributing to industry-wide losses.
Jul 22, 2026 · 6 articles
30
International
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) is one of the Indian refiners that halted or cut imports of Russian oil due to U.S. sanctions.
Indian Oil Corporation: Indian Oil Corporation (IOC) continues to purchase oil from non-sanctioned Russian entities, distinguishing its strategy from other Indian refiners.
Jan 13, 2026 · 10 articles
30
Business
Hindustan Petroleum: HPCL placed tenders to buy 7 million barrels of crude, similar to Indian Oil, contributing to US dollar demand.
Indian Oil Corporation: Indian Oil Corporation placed tenders to buy 7 million barrels of crude, indicating buying by Indian oil companies and supporting the US dollar.
Jun 25, 2026 · 31 articles
24
International
Hindustan Petroleum: Hindustan Petroleum is among Indian refiners planning to reduce dependence on Middle East oil.
Indian Oil Corporation: Indian Oil Corporation, along with other state refiners, plans to reduce Middle East oil reliance and diversify supply sources.
Apr 20, 2026 · 709 articles
21
Business
Hindustan Petroleum: As the majority stakeholder in Hindustan Petroleum Corporation — HPCL Rajasthan Refinery Limited, Hindustan Petroleum is directly responsible for the restart of the crude distillation unit and will benefit from the resumption of fuel production.
Indian Oil Corporation: Indian Oil Corporation is mentioned as a comparison point due to a past fire incident at its Paradip refinery, but it is not directly involved in this event.
Jun 18, 2026 · 6 articles
20
Regulatory
Hindustan Petroleum: As a state-run oil marketing company, it is involved in domestic fuel pricing and supply, but no direct action in this event.
Indian Oil Corporation: As a state-run oil marketing company, it is involved in domestic fuel pricing and supply, but no direct action in this event.
Jun 30, 2026 · 25 articles
0
Regulatory
Hindustan Petroleum: Hindustan Petroleum, as an OMC, is implementing discounted refinery transfer prices to absorb the impact of high global oil prices while retail prices remain frozen.
Apr 05, 2026 · 9 articles
0
International
Hindustan Petroleum: Hindustan Petroleum is one of the public sector oil companies involved in the historic agreement to import LPG from the United States, aiding India's efforts to diversify its energy supply.
Nov 17, 2025 · 8 articles
0
Regulatory
Hindustan Petroleum: Hindustan Petroleum is one of the oil marketing companies that will benefit from the government's excise duty cuts, helping to alleviate financial strain from rising crude prices.
Mar 27, 2026 · 7 articles
0
Domestic
Hindustan Petroleum: Hindustan Petroleum is one of the three major oil marketing companies in India that revise fuel prices daily, but have kept prices stable despite global crude oil volatility.
Mar 24, 2026 · 6 articles
0
Business
Hindustan Petroleum: Hindustan Petroleum, a state-owned fuel retailer, continues to keep retail fuel prices frozen, absorbing losses and acting as a 'good corporate citizen' with government support.
Mar 26, 2026 · 21 articles
0
International
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) has halted imports of Russian oil due to new US sanctions.
Jan 06, 2026 · 6 articles
0
Business
Hindustan Petroleum: Hindustan Petroleum also assured uninterrupted supply of LPG and automotive fuels across India, supporting the overall message of stable supply.
Apr 03, 2026 · 11 articles
0
Domestic
Hindustan Petroleum: Hindustan Petroleum, along with other state-owned oil marketing companies, affirmed that their petrol pumps are operating normally with no fuel shortages.
Mar 26, 2026 · 46 articles
0
International
Hindustan Petroleum: Hindustan Petroleum is one of the oil marketing companies that have hired LPG carriers affected by the Strait of Hormuz situation.
Mar 23, 2026 · 39 articles
0
International
Mar 25, 2026 · 9 articles
0
Domestic
Mar 24, 2026 · 6 articles
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