Oil India (OIL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation (HPCL) to work together in areas of mutual interest.
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HPCL to revive Vizag refinery
With a keen interest to revive $10 billion refinery-cum-petrochemicals project at Vizag in Andhra Pradesh, Hindustan Petroleum Corp (HPCL) is in talks with BP Plc and Total SA of France.
PSU oil cos seek Rs 300 bn for losses
Public sector oil marketing companies have sought Rs 30,000 crore from the government as compensation to level up the revenue loss they suffered last fiscal by selling fuel at government-fixed cheaper rates.
HPCL brings Euro IV to Hyd
Visakha refinery of Hindustan Petroleum Corporation (HPCL) will supply Euro-IV-compliant petrol from April 2010.

