Hindustan Oil Exploration Company Ltd. 2024 AR2
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) performance for the fiscal year 2023-2024, achieving a record consolidated turnover of INR 830.27 crores and a net profit exceeding INR 225 crores. The company successfully completed its first crude offtake from the offshore Block B-80 in January 2024, realizing a price of $80.27 per barrel. On the sustainability front, HOEC maintained a strong safety record with zero fatalities and zero lost time injuries across its operations. Additionally, the company implemented various energy conservation initiatives, including the installation of 355 solar streetlights and remote-operated choke valves to reduce its carbon footprint.
Company: Hindustan Oil Exploration Company Ltd.
Sector: Mining & quarrying
Country: India
Year: 2024
Type: AR2
Pages: 220
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Hindustan Oil Exploration Company Ltd.
Annual Report
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) performance for the fiscal year 2023-2024, achieving a record consolidated turnover of INR 830.27 crores and a net profit exceeding INR 225 crores. The company successfully completed its first crude offtake from the offshore Block B-80 in January 2024, realizing a price of $80.27 per barrel. On the sustainability front, HOEC maintained a strong safety record with zero fatalities and zero lost time injuries across its operations. Additionally, the company implemented various energy conservation initiatives, including the installation of 355 solar streetlights and remote-operated choke valves to reduce its carbon footprint.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Sep 26, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees