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Tuesday, December 13, 2011

Petro Daily Newsletter

 
Headline ScanWednesday -- December 14, 2011
De-Regulation of Petroleum Products - MOPNG
UTI Capital buys 4% stake in Indian Oiltanking for Rs 100 crore
Energy subsidies unsustainable, reforms needed: Experts
Petroleum sector contributes Rs.192,577 crore to exchequers:R.P.N. Singh
RIL challenges norms for coal bed gas
Oil ministry denies domestic natural gas to ONGC's petrochemical project
Oil ministry denies domestic natural gas to ONGC's petrochemical project
ONGC, Cairn India & BG Group rejig stakes in Krishna-Godavari blocks
Why companies increasingly opt for arbitration
IEA agree on balanced oil market ahead
Oil market cools on slowing growth despite Iran tension: IEA
OPEC lowers 2012 oil demand forecast before meeting
OPEC Said to Agree to 30M-Barrel Output
Eni's CEO Met With Iran Oil Minister Tuesday-Iran Source
Sinopec, ENN Energy Plan To Buy China Gas Outstanding Shares
China, Japan say Canada's Kyoto withdrawal "regrettable"
Shell plans venture to expand presence in Iraq
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
De-Regulation of Petroleum Products - MOPNG

The Minister of State Petroleum and Natural Gas Shri R.P.N. Singh informed in the Rajya Sabha in a written reply today that At present, there is no...

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UTI Capital buys 4% stake in Indian Oiltanking for Rs 100 crore

MUMBAI: UTI's private equity arm, UTI Capital, has bought 4% stake in Indian Oiltanking, a joint venture between state-run Indian Oil Corporation a...

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Energy subsidies unsustainable, reforms needed: Experts

NEW DELHI: Energy sector experts Tuesday warned the government that the current levels of subsidies for petroleum products were unsustainable and c...

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Petroleum sector contributes Rs.192,577 crore to exchequers:R.P.N. Singh

NEW DELHI: The petroleum and natural gas sector has contributed Rs.136,497 crore to the national exchequer and Rs.88,997 crore to the state coffers...

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RIL challenges norms for coal bed gas

NEW DELHI: Mukesh Ambani's Reliance Industries Ltd (RIL) has accused the oil ministry of moving goal posts mid way on pricing and utilisation of ga...

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Oil ministry denies domestic natural gas to ONGC's petrochemical project

NEW DELHI: The oil ministry has denied domestic natural gas to a $4-billion petrochemical project promoted by state-run ONGC, citing the gas utilis...

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Oil ministry denies domestic natural gas to ONGC's petrochemical project

NEW DELHI: The oil ministry has denied domestic natural gas to a $4-billion petrochemical project promoted by state-run ONGC, citing the gas utilis...

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ONGC, Cairn India & BG Group rejig stakes in Krishna-Godavari blocks

MUMBAI: The Krishna-Godavari basin is witnessing hectic merger and acquisition (M&A) activity with state-run ONGC, Cairn India and Britain's BG...

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Why companies increasingly opt for arbitration

When political or policy climes shift, companies who have contracts with the government can find themselves in a pickle, where the only recourse is...

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IEA agree on balanced oil market ahead

Healthy production levels by OPEC will help balance oil markets next year as demand growth slows, the West's energy watchdog and OPEC said on Tuesd...

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Oil market cools on slowing growth despite Iran tension: IEA

PARIS: Demand for oil is slowing markedly as global growth is dragged down by the eurozone crisis, the IEA said on Tuesday, but the prospect of EU ...

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OPEC lowers 2012 oil demand forecast before meeting

The Organisation of Petroleum Exporting Countries (OPEC) said in its monthly report that world oil demand next year would reach 88.87 million barre...

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OPEC Said to Agree to 30M-Barrel Output

Rafael Ramirez, Venezuela's oil minister, center, speaks to the media at his hotel prior to the 160th Organization of Petroleum Exporting Countries...

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Eni's CEO Met With Iran Oil Minister Tuesday-Iran Source

VIENNA --Eni SpA's (E) chief executive met with Iran's oil minister Tuesday in Vienna, an Iranian oil official said, days after the Italian oil com...

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Sinopec, ENN Energy Plan To Buy China Gas Outstanding Shares

China Petroleum & Chemical Corp.'s (SNP) $2.15-billion joint bid for China Gas Holdings Ltd. (0384.HK) marks the latest effort by the state-run...

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China, Japan say Canada's Kyoto withdrawal "regrettable"

BEIJING - China and Japan said on Tuesday Canada's decision to quit the Kyoto treaty on greenhouse gas emissions was "regrettable" and called on it...

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Shell plans venture to expand presence in Iraq

Royal Dutch Shell plans to follow up its success in the Iraqi oil and gas sector with a petrochemical venture. Shell already has a big presence in ...

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