Petro Daily Newsletter

Headline Scan Monday -- October 10, 2011 No state-run oil firm except Oil India is willing to buy shares of ONGC India welcome to explore oil and gas in Vietnam Oil majors need to invest Rs 15k cr to shift to BS-IV Rs 1 lakh crore investment stuck in power sector due to fuel shortage Oil prices slip before key US data Industrial users may have to pay more for gas RIL writes to Murli Manohar Joshi on CAG report China cuts fuel prices, India caught in fortnightly rate cycle PNG price hike to lighten your purse Cairn India: Vedanta deal to act as a major stock trigger Indian firm wins contract to build 3 gas pipelines HPCL to acquire oil & gas block in Africa OPEC likely to keep output unchanged: Iran No dip in oil demand, exports - Saudi's Naimi Dow Chemical, Saudi Arabian Oil sign accord for $20 bn plant Sinopec agrees to buy Daylight Energy for $2.1 bn See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   No state-run oil firm except Oil India is willing to buy shares of ONGC NEW DELHI: No state-run oil firm except Oil India is willing to buy shares of Oil and Natural Gas Corp, further limiting the options of the governm... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034781   India welcome to explore oil and gas in Vietnam HANOI: Unfazed by Chinese threats, Vietnam President Truong Tan Sang today said India and other foreign nations were welcome to explore hydrocarbon... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034782   Oil majors need to invest Rs 15k cr to shift to BS-IV Oil majors have to invest around Rs 15,000 crore to comply with Bharat Stage (BS)-IV fuel norms at their refineries, which would help the automobil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034786   Rs 1 lakh crore investment stuck in power sector due to fuel shortage NEW DELHI: Over Rs 1 lakh crore of investment in the power sector is stuck, as 25,000 MW of thermal power capacity is stranded due to non-availabil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034790   Oil prices slip before key US data New York oil prices held firm Friday at the level of the previous day's recovery, ending the week on a positive note after having sunk to their low... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034796   Industrial users may have to pay more for gas New Delhi, To make natural gas available to those who currently do not have access, the Government is working on gas swapping guidelines. This... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034783   RIL writes to Murli Manohar Joshi on CAG report NEW DELHI: Mukesh Ambani-run RIL in a letter to Public Accounts Committee (PAC) Chairman Murli Manohar Joshi has said CAG did not consider its resp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034784   China cuts fuel prices, India caught in fortnightly rate cycle NEW DELHI: China is to reduce motor fuel prices by about 3% from Sunday, taking advantage of the recent decline in international crude price. But c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034785   PNG price hike to lighten your purse MUMBAI: In times of inflation, consumers in Mumbai, Navi Mumbai and Thane will now have to pay at least Rs 2.50 more per standard cubic metre (SCM)... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034787   Cairn India: Vedanta deal to act as a major stock trigger With the ONGC signalling that it will issue a no-objection certificate to the Cairn-Vedanta deal, months of speculation are finally drawing to an e... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034788   Indian firm wins contract to build 3 gas pipelines The Indian firm -- Man Industries (India) Ltd -- has won the Tk 9.95 billion project to supply line-pipes having American Petroleum Institute (API)... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034789   HPCL to acquire oil & gas block in Africa Company may make move through its subsidiary, Prize Petroleum; in talks with local player for a discovered asset. State-owned Hindustan Petroleum C... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034791   OPEC likely to keep output unchanged: Iran Tehran: OPEC is likely to keep its oil production quotas unchanged at its next meeting in December, Iran's representative to the cartel said, accordin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034792   No dip in oil demand, exports - Saudi's Naimi DUBAI - Saudi Arabia sees neither a decline in global oil demand nor a reduction in the kingdom's exports due to increased output from Libya, Oil M... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034793   Dow Chemical, Saudi Arabian Oil sign accord for $20 bn plant Dow Chemical Co. and the Saudi Arabian Oil Co. said Saturday that they signed an agreement that advances their plan to build one of the world's big... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034794   Sinopec agrees to buy Daylight Energy for $2.1 bn China's Sinopec International Petroleum Exploration and Production Corp. has agreed to buy Canadian oil and gas company Daylight Energy Ltd. for ab... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000034795   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here