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Sunday, January 1, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- January 02, 2012
Videocon to bring Mozambique gas to India
Product pricing is the only way to recoup under-recoveries
Petrol price hike deferred till Monday
Jet Fuel Price Cut by Rs 622 a kilolitre
Petrol gets cheaper by 78 paise
India, Pak to start power, petro trade
Gujarat State Petroleum Corporation asks Adani Gas to source natural gas from others
NZ Co LanzaTech to help IOC, JSPL set up bio jet fuel plant
British Gas unit in India to exit ONGC JV in KG block
India bets big on solar energy
Guwahat refinery celebrates 50 years
Poor handling, negligence lead to gas leak mishaps
Nigeria removes fuel subsidies amid labour unrest fears
Iran backs off threat to close key oil route Strait of Hormuz
West Asia tension pushes crude oil to a third yearly gain
Blow to Exxon in seizure test case
Royal Dutch Shell CEO keeping close eye on Petroplus: Report
Shell plans oil pipeline construction from South Sudan to Ethiopia
NEPAL : Fuel supplies to be normal in a week
BANBLADESH : LPG crisis deepens in 16 northern districts
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Videocon to bring Mozambique gas to India

Videocon Industries, which has 10 per cent interest in a Mozambique oil and gas block operated by joint venture partner Anadarko Petroleum, wants t...

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Product pricing is the only way to recoup under-recoveries

With Indian economy poised for major expansion and growth in the coming years, the need for energy has never been felt more than today. In the chan...

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Petrol price hike deferred till Monday

The state-owned oil companies meet every fortnight to revise the petrol rates based on the international crude oil prices. Three Oil companies - HP...

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Jet Fuel Price Cut by Rs 622 a kilolitre

New Delhi, Dec 31 (IANS): State-owned oil marketing companies (OMCs) slashed the jet fuel rates by Rs.622.33 or 1.05 percent a kilolitre (kl), effe...

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Petrol gets cheaper by 78 paise

NEW DELHI: Petrol is cheaper by 78 paise per litre in Delhi from Thursday, belying market speculation of a major price reduction due to a sharp fal...

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India, Pak to start power, petro trade

NEW DELHI: India and Pakistan are strengthening business links in 2012, with the stage set to start trading in electricity and petroleum products. ...

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Gujarat State Petroleum Corporation asks Adani Gas to source natural gas from others

AHMEDABAD: State-run integrated energy company Gujarat State Petroleum Corporation (GSPC) has asked Adani Gas, an Adani Group subsidiary, to source...

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NZ Co LanzaTech to help IOC, JSPL set up bio jet fuel plant

MUMBAI: The New Zealand-based renewable energy company LanzaTech is in talks with its partners here - IndianOil and Jindal Steel & Power - to h...

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British Gas unit in India to exit ONGC JV in KG block

British Gas Exploration and Production India (BGEPIL), Indian subsidiary of UK-based BG Group will exit from Krishna-Godavari (KG) offshore block t...

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India bets big on solar energy

Over the last decade, the country has opened the state-dominated power industry to private players Solar power is a clean energy source. But in thi...

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Guwahat refinery celebrates 50 years

GUWAHATI: Guwahati Refinery, India's first public sector refinery, celebrated its golden jubilee on Sunday. The day was marked by an inaugural func...

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Poor handling, negligence lead to gas leak mishaps

PUNE: Total 146 cases of gas leaks leading to mishaps have been registered in the city last year. Of these, four resulted in deaths. Sadly, reasons...

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Nigeria removes fuel subsidies amid labour unrest fears

Abuja, Jan 1 (PTI) Nigeria today announced the removal of fuel subsidies amid fears of labour unrest, a move that is bound to be unpopular among th...

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Iran backs off threat to close key oil route Strait of Hormuz

Washington, Jan 1 (ANI): Iran has backed down from its earlier threats to block the strategic oil route through the Strait of Hormuz, with the nati...

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West Asia tension pushes crude oil to a third yearly gain

LONDON: Crude futures headed for a third yearly advance on speculation escalating tension in the Middle East may disrupt supplies as a recovery in ...

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Blow to Exxon in seizure test case

Caracas, Jan. 1 (Agencies): American oil giant Exxon Mobil has suffered a setback in an arbitration claim seen as a test case after Venezuela natio...

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Royal Dutch Shell CEO keeping close eye on Petroplus: Report

ZURICH: Royal Dutch Shell is closely watching developments at European oil refiner Petroplus, which is closing three of its refineries after runnin...

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Shell plans oil pipeline construction from South Sudan to Ethiopia

The Royal Dutch Shell is planning to construct an oil pipeline line all the way from South Sudan to Ethiopia. Reliable sources told The Reporter th...

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NEPAL : Fuel supplies to be normal in a week

KATHMANDU, Jan 2: Responding to the government direction, Citizen Investment Trust (CIT) has decided to release Rs 1 billion to cash-strapped Nepal...

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BANBLADESH : LPG crisis deepens in 16 northern districts

The crisis of Liquid Petroleum Gas (LPG) of government companies has increased further in 16 districts of northern region due to lack of proper mon...

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