M.K. Surana

Hindustan Petroleum Corporation Ltd.

Chairman & Managing Director

Mukesh Kumar (M.K.) Surana, Chairman & Managing Director, Hindustan Petroleum Corporation Ltd., is a mechanical engineer with master’s degree in financial management. He has over 38 years of extensive experience in oil and gas business in a range of areas including downstream and upstream. He handled various leadership positions at HPCL in Strategy Formulation, Major Projects Implementation, Refinery Operations, Business Process Re-engineering, Corporation-wide ERP implementation, Acquisition, and Management of Upstream Assets. He is concurrently leading the boards of various subsidiaries and joint venture companies of HPCL, including HPCL Mittal Energy Limited (HMEL), HPCL Rajasthan Refinery Limited (HRRL), South Asia LPG Company Private Limited (SA LPG), and Hindustan Colas Limited (HINCOL). Mr. Surana is recipient of “SCOPE Excellence Award” under Individual Leadership Category for Maharatna / Navratna PSEs in 2016–17 and “Best CEO-Oil and Gas” by Business Today in December 2019.

SESSIONS WITH M.K. Surana

Wednesday, October 28

  • 05:25pm - 06:00pm

    Executive Conference

    Future of Refining & Petrochemicals in a World of Surplus

    Energy transition is shifting demand from traditional products of refining, including gasoline, diesel, and jet fuel. At the same time, the trend is exacerbated by a COVID-19–related drop in fuel demand from the transport sector. Petrochemicals feedstocks, often regarded as by- products of refining activity and priced as such, are likely to take a greater percentage of the barrel. Traditionally, naphtha has sold at little higher than crude oil but this will change as chemicals move from 25%–30% of oil demand growth to 70%–100% of growth when fuel demand reaches a plateau.

    As part of this trend, refinery/petrochemical integration is deepening globally, and the interest of energy companies in chemicals in growing. Strategies are changing and major investments are underway—on a new scale and involving new technologies.

    How will this play out in India
    Which companies will be involved?
    What new regional alliances will be forged?