Petro Daily Newsletter

Headline Scan Friday -- August 31, 2012 Petro Ministry seeks excise duty cut on petrol Kochi LNG terminal to go on stream by year-end Natural Gas Spot Prices Drop 20% The Isaac Weakens And Oil To The Downside RIL submits revised proposal for 2 gas discoveries in KG basin Pacts signed for production sharing Pakistan, India to hold talks on gas tariff today Greenpeace report urges telecom companies to shift to renewable energy Indian oil cos exploring investment in US LOANS: BPCL invites bids for US$600m borrowing Government signs 4 more oil & gas exploration block contracts under NELP-9 ONGC wants to 'suspend operations' till a partner is found US June oil demand down 1.76 pct from yr ago-EIA Oil companies recover from Isaac, one refinery flooded Antarctic methane could worsen global warming – scientists Iraqi Kurds ready to negotiate over crisis, oil law - deputy PM US net petroleum imports rise 3% to 8.184 million b/d in June: EIA Petrobras to invest nearly $72 bn in downstream business Oil industry pay still rising worldwide – survey See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Petro Ministry seeks excise duty cut on petrol NEW DELHI, The Ministry of Petroleum and Natural Gas has asked the Finance Ministry to consider reducing excise duty on petrol to offset the reve... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039710   Kochi LNG terminal to go on stream by year-end The liquefied natural gas terminal of Petronet LNG at Kochi is likely to be commissioned by the year-end. The terminal, the company's second such... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039711   Natural Gas Spot Prices Drop 20% Natural gas prices have dropped by up to 20% in the spot market, bringing relief to Indian refiners, power and fertiliser producers, which are no... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039720   The Isaac Weakens And Oil To The Downside Crude oil consolidates today with attempts to recover yesterday's losses after U.S. oil inventories rose way more than expected signaling that th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039728   RIL submits revised proposal for 2 gas discoveries in KG basin New Delhi, Reliance Industries has submitted revised commerciality of two gas discoveries it had made in a deepsea block in Krishna Godavari basi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039712   Pacts signed for production sharing NEW DELHI, ONGC, Hindustan Petroleum Corporation, and Bharat Petro Resource Ltd (BPRL), are among the companies that signed production sharing co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039713   Pakistan, India to hold talks on gas tariff today ISLAMABAD: Pakistan and India will start crucial talks on gas tariff on Thursday. Both sides will hold parleys on the gas tariff to be delivered ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039714   Greenpeace report urges telecom companies to shift to renewable energy HOW GREEN ARE CLOUD COMPUTING COMPANIES? A recent report released by Greenpeace calls for cellular service providers to use renewable sources of ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039715   Indian oil cos exploring investment in US New Delhi, Indian oil companies are exploring investment opportunities in Canada and USA, said Minister of State for Petroleum and Natural Gas R.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039716   LOANS: BPCL invites bids for US$600m borrowing State-owned Bharat Petroleum Corp has invited bids for a US$600m loan, which has the backing of a standby letter of credit from State Bank of Ind... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039717   Government signs 4 more oil & gas exploration block contracts under NELP-9 NEW DELHI: The government has signed exploration contracts with energy firms for four blocks on Thursday taking the total number of blocks signed... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039718   ONGC wants to 'suspend operations' till a partner is found NEW DELHI, ONGC wants the Government to consider 'suspension of operation' for its East-Coast ultra deep gas discovery till it is able to find a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039719   US June oil demand down 1.76 pct from yr ago-EIA WASHINGTON, U.S. oil demand was weaker than expected in June, as fuel consumption remained tepid compared to a year ago, the U.S. government said... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039721   Oil companies recover from Isaac, one refinery flooded HOUSTON, Most oil and gas companies prepared to gradually restart their U.S. Gulf region installations on Thursday following Hurricane Isaac, whi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039722   Antarctic methane could worsen global warming – scientists LONDON, Large volumes of the greenhouse gas methane could have been produced under the Antarctic Ice Sheet over millions of years, which could ad... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039723   Iraqi Kurds ready to negotiate over crisis, oil law - deputy PM BAGHDAD, Iraq's Kurdistan is ready to restart negotiations with Baghdad to end their political crisis, focussing on a long-delayed oil law to han... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039724   US net petroleum imports rise 3% to 8.184 million b/d in June: EIA Washington, US dependence on imported petroleum climbed in June, with net imports of crude and refined products averaging 8.184 million b/d, acco... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039725   Petrobras to invest nearly $72 bn in downstream business Brazilian state-controlled oil giant Petrobras plans to invest $71.6 billion to boost domestic production of petroleum derivatives through 2016 a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039726   Oil industry pay still rising worldwide – survey STAVANGER, Norway, Oil workers are enjoying strong growth in pay thanks, in particular, to a shortage of engineers, a trend that shows no sign of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039727   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here