What's New: Petroleum Products
Click on the links to read detailed news
Cabinet approves revision in cost and investment in equity for HPCL Rajasthan Refinery Limited
April 8, 2026
The Cabinet Committee on Economic Affairs has approved the revision of HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs.43,129 Crore to Rs.79,459 Crore and additional equity investment of Rs.8,962 Crore by Hindustan Petroleum Corporation Limited (HPCL). The total equity investment of HPCL after increment will be Rs.19,600 Crore
Government Slashes Excise Duty on Petrol and Diesel to Shield Consumers and OMCs from Global Oil Shock
March 27, 2026
The Government of India has reduced excise duty by Rs 10 per litre on both petrol and diesel with immediate effect. This decision has been taken in response to the steep and rapid rise in international crude oil prices, which have surged from approximately USD 70 per barrel to around USD 122 per barrel over the past month - an increase of nearly 75 per cent in under four weeks, driven by the ongoing conflict in West Asia and associated disruptions to global energy supply chains
Inter-Ministerial Briefing on recent Developments in West Asia
March 12, 2026
Senior officers from the Ministry of Petroleum and Natural Gas, Ministry of External Affairs, Ministry of Ports, Shipping and Waterways, and Ministry of Information and Broadcasting briefed the media about the latest updates regarding steps taken by the Government of India in response to the ongoing situation in West Asia at National media
HPCL Commissions Residue Upgradation Facility with World`s First LC-Max Unit at Visakh Refinery
January 5, 2026
Hindustan Petroleum Corporation Limited (HPCL) has successfully commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, marking a major milestone in India`s deep-conversion refining capability
GAIL to expand Jamnagar Loni LPG pipeline from 3.25 to 6.5 MMTPA
September 25, 2025
GAIL India Limited will undertake capacity expansion of Jamnagar-Loni LPG Pipeline and will lay the 1,107 km long LPG pipeline at an estimated cost of approx. Rs 5,350 crore
25 lakh additional LPG connections approved under Ujjwala
September 22, 2025
In a major step towards women empowerment, Government has approved the release of 25 lakh additional LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) during the Financial Year 2025-26
Cabinet approves Rs 30,000 crore to Public Sector OMCs for losses in Domestic LPG
August 8, 2025
The Union Cabinet has approved compensation amounting to Rs.30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under- recoveries incurred on sale of domestic LPG
HPCL makes Historic Entry into US Market with Export of Premium Lubricants
October 8, 2024
Hindustan Petroleum Corporation Limited (HPCL) has achieved a significant milestone with its first-ever export of HP LUBRICANTS to the United States, marking its presence in the 30th country globally