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.

Glob.Revenue, mln.USD
The Company Statement
February 21, 2023

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.

March 06, 2024India Cautious on Contracted Russian Oil as US Sanctions Bite
February 27, 2024OMC stocks off highs after Russia bans petrol exports for 6 months; IOC, HPCL down 3%
February 09, 2024Indian companies are negotiating oil supplies from Russia
October 16, 2023Exclusive: As India frowns on paying for Russian oil with yuan, some payments held up
June 23, 2023Cocoa Products Exports into Russia
March 17, 2022Indian refiner HPCL in rare buy of Russian Urals crude -sources
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