Hindustan Petroleum Corporation Limited
Company Information

Hindustan Petroleum Corporation Limited Company Profile

Hindustan Petroleum is one of India's top oil refiners (along with Indian Oil and Bharat Petroleum) and accounts for 10% of the country's total refining requirements. The company has two major refineries -- one in Mumbai, the other in the southern Indian city of Vishakhapatnam -- and produces lubricants, aviation fuel, liquefied petroleum gas, and light diesel oil. Hindustan Petroleum also holds a 17% stake in a refinery at Mangalore. Other businesses include pipelines, a lube refinery (with a 40% share of the lube oil market), and more than 8,000 gas stations nationwide. The Indian government owns 51% of the company.