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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 11,250 retail outlets nationwide. The Indian government owns 51% of the company.
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