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HPCL Assigns Additional Charge of Director (Finance) to Shri K.S. Shetty

Newsmantra — Tue, 02 Jun 2026 11:34:06 +0000

MUMBAI: Hindustan Petroleum Corporation Limited (HPCL) has assigned the additional charge of Director (Finance) to Shri K.S. Shetty, who is currently serving as Director (Human Resources).

The arrangement has been made to ensure continuity in the company’s financial leadership and smooth functioning of key financial operations until further orders. In his additional role, Shri Shetty will oversee HPCL’s finance portfolio while continuing to discharge his responsibilities as Director (Human Resources).

A seasoned executive with extensive experience in leadership and corporate management, Shri Shetty is expected to provide effective oversight of the company’s financial functions and support strategic decision-making. The additional charge is aimed at maintaining stability and strengthening coordination across HPCL’s key business functions.

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ONGC, Oil India Sign MoU for Joint Oil and Gas Exploration

Newsmantra — Mon, 02 Feb 2026 08:03:04 +0000

NEW DELHI. Oil & Natural Gas Corporation Limited and Oil India Limited have signed a Memorandum of Understanding at India Energy Week 2026 in Goa to explore opportunities for collaboration in oil and gas exploration. The agreement, signed by senior officials of both companies, provides a framework for technical cooperation and evaluation of joint participation in exploration activities, particularly under the Open Acreage Licensing Policy Round X and future bid rounds across Indian sedimentary basins. Officials said the partnership will combine the expertise of both PSUs to improve exploration efficiency and contribute to strengthening India’s energy security.

The agreement was formally inked by Shri Dinesh Singh, Chief General Manager (Geology), ONGC, and Shri D. S. Manral, Executive Director (E&D), OIL.

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