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Monday, September 19, 2011

Petro Daily Newsletter

 
Headline ScanMonday -- September 19, 2011
BPCL to focus on low-cost refinery expansions
Bina refinery sights $10 gross refining margins soon
BPCL exploration arm to drill 16 wells this year
Govt prepares to puncture ballooning oil subsidy bill
No decision yet on diesel, LPG and kerosene price hike
For petrol, Indians shell out the most in the world
Global average to dictate pricing of gas in India
Govt panel for slashing customs duty on imported LNG to zero
Some Countries Influenced India on IPI Gas Project:
Crude costs same in all nations: Govt
US warns Pakistan on Iran gas pipeline deal
Turkey says Cyprus oil drilling plans are "provocation"
North Africa oil firms warned of terrorism
Natural gas firm sues NY town over drilling ban
Saudi Arabia oil output at 30 year high - IEA
Window on Asian gas exports closing fast, Shell warns
Libya may revise foreign oil, gas dealsStories You Might Like
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
BPCL to focus on low-cost refinery expansions

Bharat Petroleum Corporation plans to achieve refining capacity of nearly 42 million tonnes by 2015-16 where the focus will be on low-cost expansio...

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Bina refinery sights $10 gross refining margins soon

BPCL subsidiary Bharat Oman Refineries Ltd, which owns and operates the Bina refinery in Madhya Pradesh, expects to clock a minimum gross refining ...

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BPCL exploration arm to drill 16 wells this year

MUMBAI: Bharat PetroResources (BPRL), a wholly-owned subsidiary of the state-run oil marketer Bharat Petroleum (BPCL), expects to drill 16 wells by...

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Govt prepares to puncture ballooning oil subsidy bill

The finance ministry is working on a three-pronged strategy to tackle the rising oil subsidy bill in the current financial year. The plan includes ...

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No decision yet on diesel, LPG and kerosene price hike

Pranab Mukherjee also says the current level of food inflation at 9.8 per cent is unacceptable. The government has brought some relief for the dome...

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For petrol, Indians shell out the most in the world

Petrol in India is more expensive than 98 other countriesFor all those already reeling under a series of hikes in petrol prices on the back of zoom...

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Global average to dictate pricing of gas in India

New Delhi: The government is considering a proposal to benchmark natural gas price in the country to an average of the low and high rates prevailin...

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Govt panel for slashing customs duty on imported LNG to zero

NEW DELHI: A high-level government panel has called for slashing customs duty on imported liquefied natural gas (LNG) to zero, instead of cross-sub...

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Some Countries Influenced India on IPI Gas Project:

Apparently referring to the US and EU, two visiting Iranian MPs have said "certain countries" influenced India on the proposed Iran-Pakistan-India ...

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Crude costs same in all nations: Govt

NEW DELHI: The oil ministry on Sunday said the price of crude was "mercilessly uniform across the nations, regardless of the purchasing power of th...

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US warns Pakistan on Iran gas pipeline deal

The US is reported to have asked Pakistan to abandon plans to import natural gas from Iran through a multi-billion dollar gas pipeline and instead ...

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Turkey says Cyprus oil drilling plans are "provocation"

ANKARA, Turkey said on Saturday plans by Cyprus to begin gas exploration in the Mediterranean amounted to "provocation" and it would consider carry...

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North Africa oil firms warned of terrorism

WASHINGTON -- The United States said on Friday that it has warned oil companies operating in NorthAfrica of an al-Qaida terrorist plot in which sho...

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Natural gas firm sues NY town over drilling ban

A Denver-based natural-gas company has sued the town of Dryden in central New York in an effort to strike down a recent zoning law prohibiting gas ...

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Saudi Arabia oil output at 30 year high - IEA

Bloomberg reported that Saudi Arabia pumped the most oil in 30 years last month as it boosted production along with other members of the Organisati...

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Window on Asian gas exports closing fast, Shell warns

Royal Dutch Shell PLC (RDS.A-N66.34-0.52-0.78%) is raising the stakes in the country's contentious energy debate, warning that Western Canada's sha...

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Libya may revise foreign oil, gas dealsStories You Might Like

BENGHAZI, Libya could revise oil and gas deals signed under the previous regime of Col. Moammar Gadhafi if their pricing terms are abnormally low a...

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