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Monday, January 16, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- January 17, 2012
Bharat Petroleum stands out among peers
ONGC, OIL face $54/b cap on sales to state refiners
Crude prices to rise due to Iran tension; will affect India
RIL ready to buy all CBM gas it produces
FDI in aviation set to take off
Pakistan, India TAPI gas talks on 24th
Report on 'Integrity Pact' released
2 critical in Munirka petrol pump blaze
KG row: DGH nixes RIL's price plan
Adani group offers to buy gas from Reliance's KG-D6
GAIL India in talks to buy US gas from Freeport LNG plant
ONGC Tripura gets green nod for transmission leg
Essar Oil commissions hydrogen manufacturing unit
Indian delegation to visit Iran to resolve oil payment issue
Essar Energy to cut crude oil buys from Iran
Discussions on with striking transporters
Viren Sinha takes over as CMD of Balmer Lawrie
Oil rig catches fire off Nigeria's delta
Iran warns of consequences if Arabs back oil sanctions
Worsening euro zone crisis would hit oil demand: OPEC
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Bharat Petroleum stands out among peers
Stocks of public sector oil marketing companies — Bharat Petroleum (BPCL), Hind-ustan Petroleum (HPCL) and Indian Oil (IOC) — have gained much mo...
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ONGC, OIL face $54/b cap on sales to state refiners
NEW DELHI: The government plans to cap the price of crude oil sold by ONGC and Oil India to state refiners at $54/barrel this financial year desp...
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Crude prices to rise due to Iran tension; will affect India
Tensions over Iran have started escalating of late, which prop up global crude oil prices in an otherwise weak economic scenario, globally. As sa...
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RIL ready to buy all CBM gas it produces
Reliance Industries Ltd? (RIL) has told the oil ministry it is willing to purchase all the coal bed methane (CBM) gas produced by the company for...
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FDI in aviation set to take off
Senior ministers will meet tomorrow to take a decision on the contentious issue of permitting foreign airlines to invest in domestic carriers. Th...
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Pakistan, India TAPI gas talks on 24th
Islamabad(SANA)Petroleum minister Dr Asim Hussain will be visiting New Delhi to discuss the issue of transit fee for Turkmenistan Afghanistan Pak...
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Report on 'Integrity Pact' released
New Delhi: Transparency International India (TII), a New Delhi based non-governmental organisation, on Monday released its report on its Integrit...
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2 critical in Munirka petrol pump blaze
New Delhi, A fire broke out at an Indian Oil Corporation petrol pump in south Delhi's Munirka area, injuring four people on Monday. Two of the in...
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KG row: DGH nixes RIL's price plan
In what is seen as another big blow for Mukesh Ambani-led Reliance Industries Ltd's (RIL's) next wave of gas field development plans in its KG-D6...
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Adani group offers to buy gas from Reliance's KG-D6
AHMEDABAD: The Adani Group has offered to buy gas from Reliance's coal-bed methane blocks for its city gas distribution projects at a price signi...
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GAIL India in talks to buy US gas from Freeport LNG plant
GAIL India Ltd, the nation's biggest natural gas distributor, is in talks to buy the fuel from Freeport LNG Development LP's proposed plant in th...
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ONGC Tripura gets green nod for transmission leg
Kolkata, In a move that may remove part of the hurdles before commercial generation from the upcoming 2 X 363.3 MW gas-based power station of ONG...
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Essar Oil commissions hydrogen manufacturing unit
Ahmedabad: Essar Energy subsidiary Essar Oil Ltd announced the commissioning of the hydrogen manufacturing unit (HMU), a third new unit to be com...
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Indian delegation to visit Iran to resolve oil payment issue
NEW DELHI: A high-level Indian delegation comprising officials of the Finance Ministry, RBI and the Oil Ministry will be visiting Tehran shortly ...
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Essar Energy to cut crude oil buys from Iran
MUMBAI: London-listed Essar Energy, a major importer of Iranian crude, will reduce its dependence on Tehran for oil, joining a growing list of In...
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Discussions on with striking transporters
BANGALORE: LPG supply to consumers may stop after two to four days if talks between gas cylinder transporters and PSU oil companies fail on Monda...
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Viren Sinha takes over as CMD of Balmer Lawrie
Balmer Lawrie & Co. Ltd., a mini ratna category-I PSE under the ministry of petroleum & natural gas, on Monday announced important leader...
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Oil rig catches fire off Nigeria's delta
Lagos, Nigeria:  Chevron Corp. says an offshore rig being run for its subsidiary near Nigeria's oil-rich southern delta has caught fire and ...
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Iran warns of consequences if Arabs back oil sanctions
Iran warned Gulf Arab neighbours on Sunday they would suffer consequences if they raised oil output to replace Iranian crude facing an internatio...
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Worsening euro zone crisis would hit oil demand: OPEC
LONDON: A worsening of the euro zone debt crisis would further reduce the region's oil demand and could impact consumption in emerging economies ...
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