Petro Daily Newsletter

Headline Scan Thursday -- February 02, 2012 Mercedes-Benz opposes higher excise duty on diesel cars Economists call for cut in oil, food and fertiliser subsidies Alcohol industry wants say on ethanol pricing Govt-to-govt talks must in fuel import' IOC told to pay Rs 979 cr entry tax to UP Govt Allegations of lean gas purchases fuel probe into petronet's imports ONGC to invest Rs 1,64,000 cr on exploration in 12th Plan Methane gas plant starts functioning in Jharkhand SEBI announces IPP norms for stake sale EGoM to finalise ONGC, BHEL share sale process tomorrow Quota reduction prompted LPG drive IOC may post Q3 losses on tax woes Govt plans tax on commodity trading Total Said to Sell Mellitah Condensate to Mangalore Refinery HPCL Q3 results postponed on Feb 09, 2012 Fuel from market waste to makes methane car fuel news Obama Directs Military to Cut Petroleum Consumption 30 Percent Electricity from India will ease power crisis: Gilani Iraq Won't Replace Sanctioned Iranian Oil - Source See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Mercedes-Benz opposes higher excise duty on diesel cars German premium and luxury car maker Mercedes-Benz today voiced its opposition to any move to impose higher excise duty on diesel cars in the ensu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036507   Economists call for cut in oil, food and fertiliser subsidies With fears of fiscal deficit overshooting to 5.5 per cent of GDP, economists on Wednesday pitched for cut in oil; food and fertiliser subsidies m... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036508   Alcohol industry wants say on ethanol pricing The domestic alcohol industry has raised concern over the fixed price of ethanol and demanded inclusion in the process of determining prices. So ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036510   Govt-to-govt talks must in fuel import' KATHMANDU: Lawmakers today suggested government to promptly initiate direct talks with Indian government to renew fuel import contract with India... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036513   IOC told to pay Rs 979 cr entry tax to UP Govt New Delhi, Feb 1: Indian Oil Corporation may have to pay Rs 979 crore to the Uttar Pradesh Government in the next two weeks as the unpaid entry t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036504   Allegations of lean gas purchases fuel probe into petronet's imports NEW DELHI: The government has ordered a probe into Petronet LNG's imports of liquefied natural gas following allegations that the company has qui... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036505   ONGC to invest Rs 1,64,000 cr on exploration in 12th Plan State-owned Oil and Natural Gas Corp (ONGC) today said it will invest Rs 164,000 crore on oil and gas exploration in the 12th Five-Year Plan (201... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036506   Methane gas plant starts functioning in Jharkhand The second methane gas plant in Jharkhand has started functioning at Talaspar village in Hazaribagh district. "The plant started functioning from... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036509   SEBI announces IPP norms for stake sale Capital market regulator Securities Exchange Board of India (SEBI) on Wednesday notified new rules for private placement of shares to institution... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036511   EGoM to finalise ONGC, BHEL share sale process tomorrow The decks maybe cleared for the government to auction its stakes in PSUs. Sebi's guidelines for the institutional placement programme is out, but... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036512   Quota reduction prompted LPG drive BANGALORE: Why did the department of food and civil supplies undertake the massive drive to detect illegal gas connections in the state? <... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036514   IOC may post Q3 losses on tax woes Mumbai: With the Supreme Court ordering Indian Oil Corporation (IOC) to deposit Rs 979 crore as unpaid entry tax to Uttar Pradesh before February... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036515   Govt plans tax on commodity trading NEW DELHI:The finance ministry is keen to introduce a commodities transaction tax (CTT) in the Budget to check speculation in non-farm goods desp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036516   Total Said to Sell Mellitah Condensate to Mangalore Refinery Total SA sold a 650,000 barrels of Libya's Mellitah condensate to Mangalore Refinery & Petrochemicals Ltd., a unit of India's biggest energy ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036517   HPCL Q3 results postponed on Feb 09, 2012 Hindustan Petroleum Corporation Ltd has now announced with reference to the earlier announcement dated January 19, 2012 regarding Q3 results on F... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036518   Fuel from market waste to makes methane car fuel news Mushy tomatoes, brown bananas and overripe cherries - to date, waste from wholesale markets has ended up on the compost heap at best. In future i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036519   Obama Directs Military to Cut Petroleum Consumption 30 Percent Fort Bragg and all other U.S. military posts worldwide are under a directive by the U.S. Department of Defense (DOD) to substantially reduce petr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036520   Electricity from India will ease power crisis: Gilani A number of initiatives, including importing electricity from India, will help resolve Pakistan's energy crisis, Prime Minister Yousuf Raza Gilan... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036521   Iraq Won't Replace Sanctioned Iranian Oil - Source AMMAN -Iraq isn't intending to replace Iranian crude oil following the imposition of foreign sanctions, according to a senior Iraqi oil official.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036522   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here