Hindustan Petroleum Corporation Limited, commonly referred to as HP, is an Indian oil and gas refining company headquartered in Mumbai. Since 2018, ONGC has owned a majority stake in the company. The company is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016.
Made a rare purchase of 2 million barrels of Russian Urals crude for loading in May 2022. India’s state-owned refiner Hindustan Petroleum Corp Ltd is facing payment issues for its purchases of Russian crude oil due to a price cap imposed on exports from the OPEC+ producer.
|June 23, 2023||Cocoa Products Exports into Russia|
|March 17, 2022||Indian refiner HPCL in rare buy of Russian Urals crude -sources|