Petro Daily Newsletter

Headline Scan Monday -- December 12, 2011 BPCL to set up petrochemical plant All Brazil's cars to use ethanol Oil min may reject ATF import move Pricing petroleum products India looks at Africa market for finished petro products Rupee fall causes dilemma on petroleum levies Indian Oil, GAIL get CAG flak for exploration wastage Reliance Industries eyes energy targets in Americas GAIL signs big deal to buy LNG from US firm Delhi bucks national trend, consumes less petrol Iran urges OPEC to ease above-quota output Iran Oil Min Calls On OPEC To Accommodate Returning Libyan Crude Iran says EU "definitely" will not impose oil sanctions Iran: OPEC members may not endorse recommendation PAKISTAN : Blacklisted firms barred from importing cylinders Suncor Energy says withdrawing from Syria Militants set ablaze nine NATO oil tankers in Balochistan Sinopec increases stake in Australia Pacific LNG project NEPAL : Petro price hike Hobson's choice "to save NOC" Iran to Help Build Oil Refinery in Namibia, Minister Nujoma Says See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   BPCL to set up petrochemical plant NEW DELHI: Bharat Petroleum Corp Ltd (BPCL), India's second-largest public sector refinery, is planning to spend Rs18,000cr to Rs20,000cr over the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035709   All Brazil's cars to use ethanol Two thirds of all cars in Brazil are fuelled with ethanol, said the chief executive of Petrobras, José Sergio Gabrielli, speaking last week at the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035713   Oil min may reject ATF import move New Delhi: This could disappoint Kingfisher Airlines, which hopes to import jet fuel without attracting state taxes and on credit from foreign supp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035706   Pricing petroleum products The pricing of petroleum products in India has several anomalies that warrant urgent reforms to address the unintended adverse effects on persisten... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035707   India looks at Africa market for finished petro products New Delhi: India is pinning its hopes on the above-world-average economic growth in Africa to carve out a market for finished petroleum products as... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035705   Rupee fall causes dilemma on petroleum levies Govt needs to withdraw duty cuts of June to meet yawning deficit, but that would unleash sea of red ink for state-owned oil marketing firms. The de... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035702   Indian Oil, GAIL get CAG flak for exploration wastage Are they sleeping partners asleep at the wheel? State-controller refiner Indian Oil Corporation (IOC) and natural gas transporter GAIL (India) Ltd ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035701   Reliance Industries eyes energy targets in Americas MUMBAI: Reliance Industries Ltd, India's most valuable listed company, is scouting for oil investments in the Americas as it looks to increase the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035703   GAIL signs big deal to buy LNG from US firm In a significant development, state-owned GAIL (India) Ltd announced on Sunday that it has signed a Sales and Purchase Agreement (SPA) to procure l... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035704   Delhi bucks national trend, consumes less petrol It's a capital shock. Delhi, which has more cars than the three other metro cities put together, is seeing a drop in petrol consumption. This is ag... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035708   Iran urges OPEC to ease above-quota output TEHRAN: Iran's oil minister on Sunday renewed calls for OPEC members Saudi Arabia and Kuwait to ease back their above-quota production as Libyan oi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035710   Iran Oil Min Calls On OPEC To Accommodate Returning Libyan Crude VIENNA --Iran's oil minister Sunday reiterated a call on other Organization of Petroleum Exporting Countries members to make room for returning Lib... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035711   Iran says EU "definitely" will not impose oil sanctions Iran said on Sunday that the European Union "definitely" will not impose sanctions on the country's oil exports as the measure will harm the global... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035712   Iran: OPEC members may not endorse recommendation LONDON  -- Members of the Organization of Petroleum Exporting Countries may not automatically endorse recommendations from the group's secreta... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035714   PAKISTAN : Blacklisted firms barred from importing cylinders ISLAMABAD - After Ogra's decision, FBR has now imposed ban on further import of CNG cylinders in the country by blacklisted companies, it was learn... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035715   Suncor Energy says withdrawing from Syria NEW YORK,  Suncor Energy said on Sunday it was withdrawing from Syria as a result of sanctions announced by the European Union on Dec. 2. The ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035716   Militants set ablaze nine NATO oil tankers in Balochistan Islamabad,  Suspected militants set ablaze nine NATO oil tankers in the restive Balochistan province of Pakistan today though there were no re... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035717   Sinopec increases stake in Australia Pacific LNG project MELBOURNE - China's Sinopec has agreed to increase its stake in the Australia Pacific LNG joint venture to 25 percent and buy more supply from the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035718   NEPAL : Petro price hike Hobson's choice "to save NOC" KATHMANDU: Minister for Commerce and Supplies Lekharaj Bhatta on Sunday hinted that the price of petroleum products will be hiked in order to rescu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035719   Iran to Help Build Oil Refinery in Namibia, Minister Nujoma Says Iran and Namibia are planning to jointly build an oil refinery in the African country, Namibian Foreign Minister Utoni Nujoma said today during his... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000035720   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here