Since its inception into the Upstream Sector, HP E&P has entered into strategic partnerships and participated in various bidding rounds within the country as well as overseas.

HPCL, in consortium with E&P partners companies currently has 19 nos. blocks in India, and 3 nos. overseas blocks in Australia and Egypt. HPCL intends to leverage and consolidate its current position and formulate & implement a strategy for E&P business based on opportunities both within and outside India.

Currently HP E&P has presence in 2 countries including India and plans to expand its portfolio in other countries which is a main area of focus of its Strategic Investment plan mainly in Middle East, South East Asia & Africa.

HPCL also plans to invest in non conventional resources such as Shale Gas.