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Wednesday, January 4, 2012

Petro Daily Newsletter

 
Headline ScanThursday -- January 05, 2012
Energy giants undeterred by quakes seek shale stakes n 'runway to growth'
India keen on participating in Saudi oil, gas sectors
Oil trades near 8-month high
US Urges Iran Oil Importers To Cut Purchases 'Significantly'
Government to ink fresh contract with BP Plc
RIL cries foul over delay in CBM pricing
Oil ministry may deny RIL cost claim
Fuel politics
ONGC to buyout BG stake in 3 oil and gas exploration blocks
Mangalore Refinery Expects Iran Crude Supplies To Continue
Reliance Industries exports-only unit to shut for maintenance for 3 weeks
ONGC approves Rs 352.5 cr investment in marginal oilfield
China aims to triple coalbed methane gas output by 2015
S. Korea disregards US oil sanctions
PetroChina seals Canadian oil sands deal
Zambia seeks Angolan fuel products import deal
Oil holds at $112 on Iran threats, strong data
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Energy giants undeterred by quakes seek shale stakes n 'runway to growth'
Asian and European energy producers are spending billions of dollars to amass stakes in oil and natural-gas discoveries from Ohio to British Colu...
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India keen on participating in Saudi oil, gas sectors
India on Wednesday expressed keen interest in participating in the petroleum and gas sectors in Saudi Arabia, including upstream and downstream. ...
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Oil trades near 8-month high
Oil traded near the highest price in almost eight months as investors speculated that tension over Iran, shrinking US crude stockpiles and signs ...
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US Urges Iran Oil Importers To Cut Purchases 'Significantly'
WASHINGTON -The U.S. is urging major importers of Iranian oil to "significantly" cut their purchases and subsequently could provide a number of c...
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Government to ink fresh contract with BP Plc
NEW DELHI: The government will soon sign an amended contract with BP, Reliance Industries' minority partner in 21 blocks, as it has received a cl...
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RIL cries foul over delay in CBM pricing
NEW DELHI: Reliance Industries has cried foul against the oil ministry for delay in approving a pricing formula for gas to be tapped from layers ...
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Oil ministry may deny RIL cost claim
India's petroleum ministry has gone on the offensive in its ongoing dispute with Reliance Industries Ltd? (RIL) and is proposing to deny $1.24 bi...
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Fuel politics
On paper, State-owned oil marketing firms - Indian Oil Corporation, Hindustan Petroleum Corporation Ltd., and Bharat Petroleum Corporation Ltd. -...
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ONGC to buyout BG stake in 3 oil and gas exploration blocks
NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) will buyout British energy major BG Group's stake in three of its eastern offshore oil and...
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Mangalore Refinery Expects Iran Crude Supplies To Continue
NEW DELHI - Mangalore Refinery & Petrochemicals Ltd. (500109.BY), Iran's largest crude oil customer in India, doesn't see any immediate threa...
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Reliance Industries exports-only unit to shut for maintenance for 3 weeks
NEW DELHI: Reliance Industries today said it will shut the crude oil distillation unit at its only-for- export refinery at Jamnagar in Gujarat fo...
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ONGC approves Rs 352.5 cr investment in marginal oilfield
NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) today said its board has approved a Rs 352.5 crore investment in producing oil from a marg...
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China aims to triple coalbed methane gas output by 2015
BEIJING: China aims to produce 30 billion cubic metres of coalbed methane gas in 2015, more than triple the about 9 bcm produced in 2010, the Nat...
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S. Korea disregards US oil sanctions
Seoul's demand for more Iranian oil follows the approval of a new act by the US Senate for imposing tougher sanctions on Iran's financial and ene...
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PetroChina seals Canadian oil sands deal
CALGARY, Alberta, Jan. 4 (UPI) -- PetroChina will buy the remaining 40 percent stake in a Canadian oil sands project for $680 million. Calgary's ...
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Zambia seeks Angolan fuel products import deal
LUSAKA - Zambia plans to start importing refined petroleum products from neighouring Angola to lower the cost of fuel, an industry official said ...
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Oil holds at $112 on Iran threats, strong data
London: Oil held around $112 a barrel on Wednesday, supported by fears of possible supply disruptions from Iran and by strong economic data from ...
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