Petro Daily Newsletter

Headline Scan Friday -- December 16, 2011 India's crude oil output may jump by 21% in 2013-14: S Jaipal Reddy Govt defers decision on petrol price hike Oil companies reduce ATF price by 1.3 per cent More underground facilities to increase oil reserves PCB tells HPCL to cut output Routing Iran oil payments on PM's Moscow agenda BPCL unable to pay for Iran oil via Turkey GSPC Gas Company hits 4-mmscmd mark in gas distribution HPCL plans new 9-mn tonne refinery in Maharashtra news Watya, Andhra Pradesh sign pact for refinery at Vizag Aavantika likely to raise domestic gas price soon Mundra & Dahej Ports set industry paradigms Government plans crude oil from plastic Reliance's gas output from KG wells dips Reliance Industries hunts oil at West Coast High Japanese appetite to hit spot LNG supply U.S. "in contact with all sides" on Iran sanctions Oil Falls to Six-Week Low as U.S. Industrial Production Drops See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India's crude oil output may jump by 21% in 2013-14: S Jaipal Reddy NEW DELHI: India's crude oil production is likely to jump by 21% to 45.57 million tonnes in 2013-14 vis-a-vis 2010-11 on the back of output from ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035774   Govt defers decision on petrol price hike New Delhi: State-owned oil companies will not change prices of petrol on Thursday as they have not yet got a very clear signal from the governmen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035778   Oil companies reduce ATF price by 1.3 per cent NEW DELHI: After three consecutive price hikes, state-owned oil companies today cut jet fuel rates by 1.3 per cent in step with softening in comm... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035783   More underground facilities to increase oil reserves In an effort to increase strategic reserves of petroleum products in the country, the government is building a series of underground storage faci... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035773   PCB tells HPCL to cut output VISAKHAPATNAM: The AP State Pollution Control Board (PCB) has imposed a 30% cut in the production of Hindustan Petroleum Corporation Limited (HPC... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035775   Routing Iran oil payments on PM's Moscow agenda NEW DELHI: With Turkey refusing to be intermediary for Indian oil payments to Iran, New Delhi is expected to start talks with Moscow about routin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035776   BPCL unable to pay for Iran oil via Turkey New Delhi: India's BPCL is unable to pay for crude it is buying from Iran, three oil industry sources told Reuters on Thursday, in yet another si... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035777   GSPC Gas Company hits 4-mmscmd mark in gas distribution AHMEDABAD: Gujarat government-owned GSPC Gas Company overtook all central government and private sector-controlled city gas distribution (CGD) ve... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035779   HPCL plans new 9-mn tonne refinery in Maharashtra news Hindustan Petroleum Corporation Ltd (HPCL) is carrying out a pre-project feasibility study for setting up a 9 million tonnes per annum grass root... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035780   Watya, Andhra Pradesh sign pact for refinery at Vizag Hyderabad, Kuwait-based Watya India Consortium (WIC) and Andhra Pradesh today signed a memorandum of understanding for setting up a 2 billion dol... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035781   Aavantika likely to raise domestic gas price soon INDORE: Aavantika Gas, a joint venture of HPCL & GAIL Gas, may increase the rate of piped natural gas (PNG) for domestic purpose in near futu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035782   Mundra & Dahej Ports set industry paradigms Mundra Port and Special Economic Zone Ltd (MPSEZ), India's No. 1 private multi-port operator, today said its Mundra port had handled a record 111... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035784   Government plans crude oil from plastic CHENNAI: The Tamil Nadu Pollution Control Board has recommended that the state government set up polymer energy plants to produce crude oil from ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035785   Reliance's gas output from KG wells dips New Delhi: Petroleum minister S Jaipal Reddy on Thursday said natural gas output from Reliance Industries-operated D1 and D3 fields in the Krishn... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035786   Reliance Industries hunts oil at West Coast RIL's success in the east coast specially in KG Basin, has now been overshadowed by controversy and uncertainty because of the falling production... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035787   High Japanese appetite to hit spot LNG supply High Japanese demand keeps spot LNG prices high, which remain just below the crude oil on energy equivalent basis. As the winter sets in the nort... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035788   U.S. "in contact with all sides" on Iran sanctions TOKYO - The United States is in close contact with all parties including China on new sanctions against Iran, suspected by the West of developing... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035789   Oil Falls to Six-Week Low as U.S. Industrial Production Drops Crude oil tumbled to the lowest level in six weeks as industrial production declined for the first time since April in the U.S., the world's larg... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035790   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here