Petro Daily Newsletter

Headline Scan Wednesday -- February 08, 2012 Government approves direct jet fuel import, Air India debt plan India needs to have clear gas pricing policy: Montek India, Iran seal oil payment mechanism Direct jet fuel imports: a new way to FIX the oil sector Govt rejects RIL demand for KG-D6 gas price revision Oil and gas firms want LNG price for domestic gas Hiranandani, Hyundai in talks for LNG terminal GoM allows direct import of fuel India firms want tax rebate on Iran oil payment Iran oil payment may hit another roadblock Kingfisher may use Reliance Infrastructure to import aviation turbine fuel Dhamra to set up container, LNG terminals worth over Rs.3,000 crore Americans Gaining Energy Independence With U.S. Emerging as No. 1 Producer Average U.S. gasOLENE prices hover at record-high levels Bangladesh Sells Naphtha at High Premium See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Government approves direct jet fuel import, Air India debt plan An empowered group of ministers (EGoM) led by Finance Minister Pranab Mukherjee Tuesday allowed domestic airlines to directly import fuel and app... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036598   India needs to have clear gas pricing policy: Montek New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia today underlined the need for having a clear-cut policy on pricing of natur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036600   India, Iran seal oil payment mechanism Ruling out gold as a mode of payment, Iran Tuesday said Indian companies will pay for 45 percent of their oil imports from Iran in the Indian cur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036605   Direct jet fuel imports: a new way to FIX the oil sector Guess what? The government just found another way to FIX the oil sector.  According to Aviation Minister Ajit Singh, a panel of mi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036599   Govt rejects RIL demand for KG-D6 gas price revision NEW DELHI: The government has rejected Reliance Industries' demand for a revision in the KG-D6 gas price, saying the USD 4.2 per mmBtu rate for f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036601   Oil and gas firms want LNG price for domestic gas NEW DELHI: An oil and gas operators' body, that boasts of who's who of industry from Reliance Industries to ONGC, has demanded that price of dome... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036602   Hiranandani, Hyundai in talks for LNG terminal The Hiranandani Group is in talks with Korea-based Hyundai Engineering & Construction Co Ltd to build a liquefied natural gas (LNG) terminal ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036603   GoM allows direct import of fuel The country's ailing aviation industry sensed a streak of relief on Tuesday, as a Group of Ministers (GoM) headed by finance minister Pranab Mukh... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036604   India firms want tax rebate on Iran oil payment NEW DELHI - India and Iran's new mechanism to partially settle their oil trade in rupees may remain a non-starter unless India's finance ministry... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036606   Iran oil payment may hit another roadblock India and Iran's new mechanism to partially settle their oil trade in rupees may remain a non-starter unless India's finance ministry exempts the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036607   Kingfisher may use Reliance Infrastructure to import aviation turbine fuel NEW DELHI: Cash-strapped private airline Kingfisher is in talks with Reliance Industries to use the oil and gas major's infrastructure and logist... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036608   Dhamra to set up container, LNG terminals worth over Rs.3,000 crore Dhamra Port Co. Ltd, the firm that runs Dhamra port in Orrisa's Bhadrak district, plans to set up terminals for handling liquefied natural gas (L... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036609   Americans Gaining Energy Independence With U.S. Emerging as No. 1 Producer The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 A... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036610   Average U.S. gasOLENE prices hover at record-high levels In January, retail gasoline prices averaged $3.37 a gallon, according to the Oil Price Information Service, a private fuel information service. T... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036611   Bangladesh Sells Naphtha at High Premium Bangladesh Petroleum Corporation (BPC) will sell 170,000 barrels naphtha to Singapore's Itochu, which offered the highest premium in nearly two y... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036612   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here