What is the difference between HP petrol and Indian oil petrol?
There has to be no difference between the fuel being retailed at the outlets. They have to confirm to the BIS specifications. These are oil marketing companies which have retail outlets all over India. But they buy their fuel from refineries.
How is HPCL different from ONGC?
ONGC holds a 71.63 per cent stake in MRPL. It holds a 51.11 per cent stake in HPCL. HPCL has 23.8 million tonnes of annual oil refining capacity. Together with 15 million tonnes refinery of MRPL, it will become India’s second-biggest state-owned oil refiner after Indian Oil Corp (IOC).
Which is bigger BPCL or HPCL?
Bharat Petroleum Corporation (BPCL) is India’s second-largest oil marketing company and has a market share of 22\% in the domestic sales volume in the Financial Year 2020. Hindustan Petroleum Corporation (HPCL) is an oil & natural gas company with the second-largest share of product pipelines in the country.
Which is best BPCL or HPCL?
Having said that, the upside will be better for HPCL than for BPCL….So what is driving BPCL’s valuations higher?
| Operational Parameters | BPCL | HPCL |
|---|---|---|
| Crude thruputs (MMT) | 24.03 | 14.75 |
| Market Sales including exports(MMT) | 32.19 | 27.03 |
| Domestic market sales (MMT) | 29.58 | 25.50 |
| Gross refining margins (US$ per barrel) | 4.47 | 5.30 |
Which is the best quality petrol in India?
List of Top 6 Best Quality Brands of Petrol Pumps in India
- Indian Oil Corporation Limited (IOCL)
- Bharat Petroleum Corporation Limited (BPCL)
- Hindustan Petroleum Corporation Limited (HPCL)
- Reliance Industries Ltd.(RIL)
- Shell India Private Limited (Shell)
- Essar Oil(Nayara Energy)
Is HP better than Indian Oil?
I found HP petrol gives more milage than its competitors.. Usually im getting an average of 70 kmpl… And its getting down below 65 while filling from other companies such as indian oil or bharat petroleum. After trying all petrol pumps of all companies…..
Is Indian Oil and HP are same?
Hindustan Petroleum Corporation Limited (HPCL) HPCL is an Indian oil and natural gas company incorporated in 1952 as Standard Vacuum Refining Company. It has its headquarters in Mumbai and was renamed as ESSO India later. HPCL is basically merger of ESSO India and Lube India in 1974.
Are Oil and ONGC same?
Oil and Natural Gas Corporation (ONGC) is an Indian government-owned crude oil and natural gas corporation. In November 2010, the Government of India conferred the Maharatna status to ONGC. In a survey by Government of India for fiscal year 2019–20, it was ranked as the largest profit making PSU in India.
Is HP better than Indian oil?