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Tuesday, February 21, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- February 21, 2012
Oil PSUs moving towards eco-friendly production tech
NRL completes 10 years sans accidents
PMO meet on exploration delays in NELP blocks
Regulator initiates process to fix marketing cost of gas transporters
OilMin orders probe into Petronet LNG's Qatar contract
India's Dilemma: How To Pay For Iranian Oil
Professionals from RIL and other oil cos flock to IOC due to stable job
Vizag tank to keep India all fuelled up
Brace for steep fuel price hike after assembly elections
IOC buys Nigerian light crude'
HPCL to construct underground storage facilities
Gas curbs to make fertilizer units infertile
Crude oil unloading to resume at Kochi Port
MRPL to shut hydrocracker in April, says company source
No subsidised diesel for luxury cars, telecom towers: Assocham
IEA says EU could live with abrupt Iran oil halt
China rebukes Iran for stopping oil sales to France, UK
Iran struggles to find new buyers for oil: Report
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Oil PSUs moving towards eco-friendly production tech
The public sector oil companies in the country are aware of their social responsibilities and are taking all steps to adopt eco-friendly producti...
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NRL completes 10 years sans accidents
GUWAHATI: The Numaligarh Refinery Limited (NRL) on Saturday completed 10 years of Loss Time Accident (LTA) free operations implying that the comp...
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PMO meet on exploration delays in NELP blocks
With the Petroleum and Natural Gas Ministry's spat with the Defence Ministry and the Department of Space remaining unresolved, a worried Prime Mi...
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Regulator initiates process to fix marketing cost of gas transporters
NEW DELHI: The petroleum regulator has asked gas marketers such as Gail India, GSPC and Reliance Industries to submit cost of procuring natural g...
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OilMin orders probe into Petronet LNG's Qatar contract
Oil Minister S Jaipal Reddy has ordered a probe into changes made in a multi-billion dollar contract for import of liquefied natural gas (LNG) fr...
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India's Dilemma: How To Pay For Iranian Oil
Iran is responsible for 12% of India's imported oil. Over the past two years India has struggled to find a mechanism to pay Iran for this oil. Sa...
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Professionals from RIL and other oil cos flock to IOC due to stable job
NEW DELHI: With a job at Reliance Industries, LG, Haldia Petrochemicals or even Saudi Arabia-based SABIC, what can be a good career move? For 170...
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Vizag tank to keep India all fuelled up
Union petroleum minister S. Jaipal Reddy on Monday said that a massive underground strategic oil storage facility is being built in the port city...
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Brace for steep fuel price hike after assembly elections
The prices of auto and cooking fuels are likely to shoot up steeply in the first week of March once the assembly elections are over.
So...
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IOC buys Nigerian light crude'
Indian Oil Corp (IOC), the country's largest refiner, has bought Nigerian light crude and Egyptian heavy crude in two tenders, traders said yeste...
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HPCL to construct underground storage facilities
Visakhapatnam, Public Sector Hindustan Petroleum Corporation Limited (HPCL) has taken up construction of underground storage facilities for keepi...
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Gas curbs to make fertilizer units infertile
At a time when there is urgent need to speed up reforms and increase the nation's focus on agriculture - particularly in view of soaring food pri...
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Crude oil unloading to resume at Kochi Port
Giving much relief to the Kochi Port and BPCL-Kochi Refinery, the Italian tanker Enrica Lexie, which was involved in the killing of two fishermen...
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MRPL to shut hydrocracker in April, says company source
NEW DELHI: State-run refiner Mangalore Refinery and Petrochemicals Ltd. (MRPL) plans to shut a 1.2 million tonnes/year hydrocracker from April fo...
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No subsidised diesel for luxury cars, telecom towers: Assocham
NEW DELHI: Subsidies on diesel should not be offered to luxury cars, telecom towers and other industries and must be restricted only to agricultu...
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IEA says EU could live with abrupt Iran oil halt
LONDON - The European Union could cope with an abrupt halt by Iran of its oil exports to the region as buyers of Iranian oil are already adjustin...
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China rebukes Iran for stopping oil sales to France, UK
China rebuked Iran on Monday for stopping oil sales to British and French companies at the weekend, calling for renewed efforts at dialogue over ...
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Iran struggles to find new buyers for oil: Report
Iran is struggling to find new buyers for crude oil as Western sanctions start to bite, according to reports on Monday.

...
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