Petro Daily Newsletter

Headline Scan Monday -- February 06, 2012 GDF Suez keen to join race for BG's 65% stake in Gujarat gas India to pay Iran 45% oil import bill in rupee Shipping Cos in Trouble, Baltic Index Sinks Learning from China on Iran RIL in a fix over D6 gas price RIL to up marketing margin on coal-bed methane More services likely in tax net; negative list on cards FUELLED BY CHEAPER DEBT : IOC scraps 14.9k cr SBI Caps loan Local protests hold up Cairn India's pipeline project; L&T may exit Will Price Be Discovered Or Invented? India in bind over Iran oil import as US seeks tighter sanctions Setting right the diesel skew can't be a smooth ride We do not speculate on fuel: CLP Power MD LPG crisis hits Gurgaon, people worried Argentina to demand oil, gas fields run at full output See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   GDF Suez keen to join race for BG's 65% stake in Gujarat gas MUMBAI: European gas and electricity major GDF Suez is keen to join the race for UK-based energy major BG's 65% stake in the Gujarat Gas Co, revv... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036567   India to pay Iran 45% oil import bill in rupee Indian and Iranian governments are jointly working on rupee trade mechanism for payment of up to 45 per cent of India's total crude imports from ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036569   Shipping Cos in Trouble, Baltic Index Sinks The Baltic Dry Index, a measure of shipping costs for dry bulk goods, on Friday plunged to its lowest level after it touched 647 points, nearly 2... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036570   Learning from China on Iran As tensions rise between the West and Iran, the international community is looking anxiously to the emerging powers of the East — China and India... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036573   RIL in a fix over D6 gas price Reliance Industries, which will have to start the process of discovering a new price for D6 gas in 2013, is in a fix over how it will go about th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036565   RIL to up marketing margin on coal-bed methane NEW DELHI: While the government has sent RIL's $0.135 marketing margin on the sale of KG-D6 gas to the oil regulator for approval, the Mukesh Amb... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036566   More services likely in tax net; negative list on cards The government is likely to bring more services in the tax net to raise revenues and may introduce a negative list in the forthcoming budget for ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036568   FUELLED BY CHEAPER DEBT : IOC scraps 14.9k cr SBI Caps loan New Delhi: State-owned IndianOil Corporation (IOC) has scrapped a Rs 14,900-crore loan syndicated by SBI Caps. The loan was to fund construction ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036571   Local protests hold up Cairn India's pipeline project; L&T may exit Cairn India Ltd has been unsuccessful in starting work on its 80km pipeline from Salaya to Bhogat in Gujarat, even as Larsen and Turbo Ltd (L&... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036572   Will Price Be Discovered Or Invented? The high-octane battle between the Union petroleum ministry and Reliance Industries over the D-6 block in the Krishna-Godavari basin has acquired... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036574   India in bind over Iran oil import as US seeks tighter sanctions MUNICH: India will have to walk a fine line between continuing to source oil imports from Iran and escalating pressure from the US and Europe to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036575   Setting right the diesel skew can't be a smooth ride THE PROPOSED excise duty hike on diesel vehicles has got mired in an unseemly statistics game. But this did not stop Petroleum Minister S Jaipal ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036576   We do not speculate on fuel: CLP Power MD After making an initial investment in a 655 mw gas-fired power station in Gujarat in 2002 and then moving on to the wind energy space, CLP Power ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036577   LPG crisis hits Gurgaon, people worried The residents of the Millennium City are facing acute shortage of liquefied petroleum gas (LPG). The consumers have to wait for a month to get th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036578   Argentina to demand oil, gas fields run at full output BUENOS AIRES: Argentina will demand that oil companies in the country operate oil and gas fields at full output, state news agency Telam said on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036579   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here