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Monday, December 12, 2011

Petro Daily Newsletter

 
Headline ScanTuesday -- December 13, 2011
The Petroleum and Minerals Pipelines (Acquisition of Right of user in Land)
Government to free diesel, LPG prices after weighing impact
Fall in rupee hikes fuel subsidy by Rs 50,000 cr:Oil Secretary G C Chaturvedi
Cyber attacks could 'damage' world oil supply
Minister offers to pay market price for LPG, wants well-off to follow suit
Reliance Industries surging fuel exports to Bahamas raise eyebrows
Mukesh Ambani's RIL not buying, despite its huge pile of cash
Damaging Oil, Gas Pipes Now Punishable With Death
GAIL inks deal to buy U.S. LNG
Essar Oil on track with its capacity expansion plans?
HPCL-tower row: Court refuses to 'wait and watch'
Kuwait Oil Minister Sees No Need to Change OPEC Output Quota
Markets fear OPEC deal may falter on Saudi-Iran supply split
China refines overseas oil grab strategy
Bric nations are at risk of being held hostage by energy
S. Sudan exploring new oil pipeline routes in East Africa
China Nov implied oil demand 2nd highest on record
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
The Petroleum and Minerals Pipelines (Acquisition of Right of user in Land)

The Minister of State for Petroleum & Natural Gas and Corporate Affairs Shri R P N Singh moved the House to take the bill into consideration an...

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Government to free diesel, LPG prices after weighing impact

NEW DELHI: The government would deregulate diesel and liquefied petroleum gas (LPG) prices only after considering their impact on the weaker sectio...

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Fall in rupee hikes fuel subsidy by Rs 50,000 cr:Oil Secretary G C Chaturvedi

NEW DELHI: Weakening of rupee against the US dollar has added a mind-boggling Rs 50,000 crore to the fuel subsidy as the nation paid more for its o...

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Cyber attacks could 'damage' world oil supply

DOHA: Hackers are bombarding the world's computer controlled energy sector, conducting industrial espionage and threatening potential global havoc ...

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Minister offers to pay market price for LPG, wants well-off to follow suit

NEW DELHI: For RPN Singh, reforms begin at home. Exhorting the well-off to pay market price for cooking gas on Monday, the MoS for petroleum said h...

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Reliance Industries surging fuel exports to Bahamas raise eyebrows

NEW DELHI: Reliance Industries has significantly stepped up gasoline sales to North and South Americas and routed shipments via giant fuel tanks at...

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Mukesh Ambani's RIL not buying, despite its huge pile of cash

Twenty five billion dollars, sitting free and idle and earning little return, can lead to a lot of speculation... even more so if the company holdi...

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Damaging Oil, Gas Pipes Now Punishable With Death

The Lok Sabha today passed an amendment to the oil pipelines act to make acts of terrorism to destroy oil and gas pipelines in the country punishab...

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GAIL inks deal to buy U.S. LNG

NEW YORK  - The United States could soon help relieve India's growing natural gas shortfall by supplying the major energy consumer with liquef...

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Essar Oil on track with its capacity expansion plans?

Despite that the second largest private sector oil refiner in India is not bullish on India's fuel retail business in India. Little wonder, the exp...

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HPCL-tower row: Court refuses to 'wait and watch'

MUMBAI: "Should judges be spectators?" That is what an indignant Bombay High Court asked on Monday, expressing concern over a possible danger if it...

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Kuwait Oil Minister Sees No Need to Change OPEC Output Quota

Kuwait's oil minister said there is no need to change OPEC's crude output or production quotas as the group's ministers prepare to meet in Vienna o...

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Markets fear OPEC deal may falter on Saudi-Iran supply split

OPEC may struggle to agree on a new quota this week, six months after its last meeting collapsed, as Saudi Arabia pumps the most crude in 30 years ...

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China refines overseas oil grab strategy

DOHA,  Chinese oil companies are changing their approach to investing in oil and gas projects overseas, placing more emphasis on community dev...

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Bric nations are at risk of being held hostage by energy

They seem destined to dominate the world economy. For two of them, their growth is fuelled by oil and gas exports; for the other two, their rampant...

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S. Sudan exploring new oil pipeline routes in East Africa

South Sudan on Sunday said it is exploring new alternative routes for oil export in East Africa due to the difficulties in continuing to use the po...

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China Nov implied oil demand 2nd highest on record

BEIJING,  China's implied oil demand in November increased to the second highest in history, as refineries in the world's second-largest oil c...

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