Hindustan Petroleum Corporation Limited referred to as HPCL was incorporated on 5th July, 1952. HPCL is a Government of India Enterprise listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited, with Oil and Natural Gas Corporation Limited (ONGC or the Holding Company) holding 54.90% as of March 31, 2025 (54.90% as of March 31, 2024). It is a Maharatna CPSE. It had originally been incorporated as a company under the Indian Companies Act 1913. HPCL owns & operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) and the other in Visakhapatnam, (East Coast). HPCL also owns and operates the largest Lube Refinery in the country producing Lube Base Oils of international standards. This Lube Refinery accounts for over 40% of the India's total Lube Base Oil production. HPCL in collaboration with M/s Mittal Energy Investments is operating Refinery at Bathinda.  HPCL has set-up its prestigious ‘HP Green R&D Centre’ at Bengaluru, India in 2016 with an objective to develop innovative & path breaking technologies and products.

HPCL is committed to achieve the economic, ecological & social responsibility objectives of sustainable development consistently through varied operations and activities. HPCL’s focus areas are in the fields of Child Care, Education, Health Care, Skill Development & Community Development, touching lives of weaker section of society. Currently, the company provides fueling services to the aviation industry through its business unit, ‘HP Aviation’ also fondly called ‘Hindustan Aviation’. Its network covers all the major airports in India and is continuously expanding. HP Retail Business unit of HPCL is engaged in making available automotive fuels/ lubricants and other value added services for the automobile / private transport sector across the country, through a dedicated network of Retail Outlets, commonly known as Petrol Pumps.

The Retail unit is so named, as it involves dispensing fuels of relatively smaller volumes to the vehicle fuel tank. HPCL has laid pipelines for transportation of Petroleum Products to ensure product availability to its Consumers and the Public at large. City Gas Distribution (CGD), HPCL is operating City Gas Distribution (CGD) networks in several Geographical Areas (GAs) in the states of Andhra Pradesh, Telangana and Madhya Pradesh through Joint Venture companies Aavantika Gas Limited (AGL), Bhagyanagar Gas Limited (BGL) and Godavari Gas (GGPL). HPCL is also operating a CNG network in Ahmedabad on standalone basis. The Company and its Subsidiaries are mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons and providing services for management of E&P Blocks, manufacturing of ethanol, sugar and generation of power, operating and maintaining Liquefied Natural Gas (LNG) regasification terminal, green and renewable energy business.

Business area of company

HPCL has a robust presence in thepetroleum refining and marketing sector. The company caters to a vast consumer baseacross the country by supplying mobility fuels and LPG solutions to householdsand continues to be the largest distributor of industrial and automotivelubricants in India. The company is also actively engaged in the sale of bulkpetroleum products. The Company leverages its extensive pipeline network fortransporting products across the country’s landscape. In addition, the companyis steadily advancing its participation in the natural gas sector. The companyis expanding into the renewable energy sector, with a continued focus on windand solar power generation.

Awards and achievements

• 2014: HPCLs Mumbai Refinery bagged the coveted 'National Energy Conservation Award (First prize)' in the Refinery Sector for the year 2014.
• 2014: HPCL bagged the Platts Top 250 Global Energy Award.
• 2016: Hindustan Petroleum Corporation Ltd received Golden Peacock Award 2016.
• 2018: Industrial Innovation Award 2018 to HPCL R&D Centre, Bengaluru by Confederation of Indian Industries (CII).
• 2018: Forecourt Retailer of the Year award for the 11th time at Star Retailer Awards 2018.
• 2018: Vigilance Excellence Award 2018 in the outstanding category for ‘Best Institutional Practices’ by Central Vigilance Commission (CVC).
• 2018: Emerging Brand Award to ‘poWer 99’ at Times Network National Marketing Excellence Awards 2018.
• 2018: Award for Best Payments Technology / Initiative of the Year for HP Re-Fuel Program and Most Disruptive Payments Technology of the Year for HP Fastlane at Payments & Cards Summit 2018.
• 2018: Best Innovation in R&D commendation MoP&NG for ‘Diesel Lubricity Additive’ and ‘HP-CORMIT’ for the year 2017-18.
• 2018: Green Supply Chain Company for 2018” at Express Logistics & Supply Chain Leadership Awards.
• 2019: Best Navratna award in ‘Manufacturing Sector’ category by M/s Dun & Bradstreet.
• 2019: Company of the Year for Excellence in Human Resource Management award by Federation of Indian Petroleum Industry (FIPI).
• 2019: Reader’s Digest Trusted Brand 2019 award in Petrol Station category.
• 2019: Asia’s   Most   Trusted   Brand 2019 Conferred to HP Gas by International Brand Consulting Corporation.
• 2019: FICCI Award for HP 2 FCC catalyst under ‘Product Innovator of the Year in Petrochemicals’ category.
• 2019: Outstanding Performer on BSEBOND Platform award under the category ‘PSU Issuer’ conferred by BSE (Bombay Stock Exchange) India.
• 2021-22: ‘Oil Marketing Company of the Year’ for leadership in Oil marketing business in India by Federation of Indian Petroleum Industry (FIPI).
• 2021-22: ‘CII SCALE Excellence Award’ for ‘Innovation in Supply Chain’ under oil, gas & petrochemical category.
• 2021-22: ‘Excellence in Business Transformation’ by HT Mint & Tech Circle for innovative approach to digitalize supply chain touch points through a unique in house initiative of ‘SMART Terminal’.
• 2021-22: ‘Rajbhasha Keerti Puraskar’ for outstanding performance in Hindi implementation in ‘B’ region for the year 2020-21 among all PSUs by Government of India.
• 2021-22: ‘Commendation for Significant Achievement in HR Excellence’ at the 11th CII National HR Excellence Award 2020-21.
• 2021-22: ‘Best Supplier’ under ‘Environmental Health and Safety’ category to HP Lubricants by M/s Gabriel India Ltd.
• 2022-23: ‘Company of the Year for excellence in Human Resource Management’ by Federation of Indian Petroleum Industry (FIPI) awards 2022.
• 2022-23: ‘Sustainably Growing Corporate of the Year’ by Federation of Indian Petroleum Industry (FIPI) awards 2022.
• 2022-23: ‘Rajbhasha Shield Pratham Puraskar’ for exceptional contribution in the field of Hindi from the Ministry of Petroleum & Natural Gas (MoP&NG).
• 2022-23: ‘IMC Ramakrishna Bajaj National Quality Milestone Merits Recognition Awards 2022’ for categories (i) Safety (ii) Leadership and (iii) Workforce.
• 2022-23: ‘Energy and Resources In-House Legal Team of the Year’ to HR Legal Cell, ER Department in ALB India Awards 2023 instituted by Thomson & Reuters.
• 2023-24: 2 CHT Innovation Awards.
• 2023-24: Golden Peacock Award.
• 2023-24: Leading Technology/Product Innovation: Renewable Energy India Expo.
• 2023-24: Safety Awards from National Safety Council of India.
• 2024-25: Downstream India Excellence Awards 2024.
• 2024-25: CII Digital Excellence Award 2024.
• 2024-25: PSU Transformation Awards.
• 2024-25: PRCI Excellence Awards 2024.
• 2024-25: 15th Exceed Safety & Security Awards.

Milestones

• 1952: The company was incorporated in the name of Standard Vacuum Refining Company of India Limited on July 5, 1952.
• 1962: On 31st March, the name was changed to ESSO Standard Refining Company of India Limited.
• 1974: Hindustan Petroleum Corporation Limited comes into being after the takeover and merger of erstwhile Esso and Lube India Undertaking.
• 1976: Caltex Oil Refining Ltd is taken over by the Government of India and subsequently merged with HPCL in 1978.
• 1979: Kosan Gas Company, the concessionaries of HPCL in the domestic LPG market, are taken over and merged with HPCL.
• 2013: A Memorandum of Understanding (MOU) was signed between Government of Rajasthan (GOR) and Hindustan Petroleum Corporation Limited (HPCL) for setting up a state-of-the-art 9 MMTPA refinery-cum-petrochemical complex in Barmer District of Rajasthan.
• 2013: HPCL to enter into a 50:50 joint venture with Shapoorji Pallonji Group for LNG terminal for import of liquid gas (LNG) on Gujarat coast.
• 2013: Launches of 5 Kg LPG Cylinder Sale through COCO ROs in Hyderabad.
• 2013: HPCL has been bestowed with the Golden Peacock Award for Excellence in Corporate Governance for the year 2013 by Institute of Directors.
• 2013: HPCL signs MoU with MOP&NG, Govt. of India for FY 2013-14.
• 2014: HPCL Inaugurates KSP on World’s Highest Motorable Road.
• 2014: HPCL has signed a fresh Memorandum of Understanding with R&T Agents Link Intime India Pvt. Ltd.
• 2014: HPCL acquires two gas blocks in Australia for AUD 85 mn.
• 2015: Hindustan Petroleum Corporation Ltd (HPCL) approved the proposal for implementation of capacity expansion of the company's Mumbai refinery from 7.5 MMTPA to 9.5 MMTPA.
• 2015: Hindustan Petroleum Corporation Limited's HP Nagar East Colony, Mumbai has been awarded a PLATINUM RATING.
• 2015: ‘HP-HiGAS Unit’, a new commercial scale unit developed based on HPCL R&D technology at Visakh Refinery inauguration done.
• 2015: Oil Marketing Companies commenced marketing of Bio-Fuel blended High Speed Diesel (B-5 Diesel) in select retail outlets of the country.
• 2016: Hindustan Petroleum Corporation acquisition of shares of Petronet MHB Ltd. From Petronet India Ltd.
• 2019: Hindustan Petroleum Corporation has entered into a two-year memorandum of understanding (MoU) with Energy Efficiency Services, a joint venture of four national public sector enterprises under the Ministry of Power, for setting up public charging infrastructure as part of the National Electric Mobility Programme. 
• 2020: Hindustan Petroleum Corporation has collaborated with Indian Army to implement the third batch of ambitious project - ‘Kashmir Super 30 (Medical)’.
• 2020: Hindustan Petroleum Corporation has actively participated in the ‘Jan Andolan’ launched by Prime Minister to promote appropriate Covid-19 behavior viz. wearing of masks, hand hygiene and maintaining social distance.
• 2020: Hindustan Petroleum Corporation has commissioned its first petrol pump in Bhutan as it makes a foray into the Himalayan Kingdom.
• 2020: Hindustan Petroleum Corporation has launched HP PAY application for the convenience of customers, to promote Digital transactions.
• 2020: Hindustan Petroleum Corporation has introduced for the first time ever, branded MTO in barrels ‘HP Shine’, for catering to the demand of the unorganised paint and allied industry.
• 2020: Hindustan Petroleum Corporation has set up its first electric vehicle charging facility in Vadodara in the state Gujarat.
• 2021: HPCL enters into partnership with Tata Power.
• 2021: HPCL’s HPGRDC achieves 100th patent grant.
• 2021: HPCL launches branded store 'Happy Shop' in Mumbai.
• 2021: HPCL achieves maiden 100 TMT of Gas Sourcing & Marketing.
• 2021: HPCL signs agreement with IDFC FIRST Bank
• 2022: HPCL partners with Honda Motor.
• 2022: HPCL opens branded store ‘Happy Shop’ at New Delhi.
• 2022: HPCL inks pact with Hero MotoCorp.
• 2022: HPCL partners with FuelBuddy.
• 2023: HPCL signs MoU with NTPC Green Energy. 
• 2023: HPCL inks pact with Chevron. 
• 2023: HPCL launches E27 fuel, Ethanol Blended Diesel Fuel pilot study. 
• 2023: HPCL, PEDA sign MoU for setting up 10 compressed biogas projects. 
• 2024: HPCL inks pact with Gogoro. 
• 2024: Hindustan Petroleum Corporation inks MoU with Oil India.
• 2025: HPCL's arm commissions LNG Regasification Terminal in Gujarat.
• 2025: HPCL, Boeing enter into partnership for sustainable aviation fuel ecosystem.
• 2025: HPCL, ADNOC Trading sign LNG trading supply agreement.