Petro Daily Newsletter

Headline Scan Thursday -- February 23, 2012 BPCL plans shift from Iran to Saudi oil, say sources BPCL arm updates on latest appraisal success in Offshore Mozambique UN sanctions do not prohibit oil buy from Iran: RBI HPCL, BPCL seek stake in Kannur airport Petroleum Ministry knocks at Finance Minister's door with a wish list ATF Import Licence for Airlines Soon Shell's $1.57 bn offer outbids OVL, GAIL for UK's Cove Energy news Power producers seek preferential allotment of gas PM panel for diesel price hike India, China boom led to higher fuel prices: White House Jatropha plantation can now be undertaken on community wastelands Power companies pitch for ONGC gas Rajasthan Government issues notice to RIL Some PAC members oppose visit to RIL-run KG offshore gas fields Gas cut for non-urea firms spurs friction Divert natural gas from non-priority sector' HPCL to up borrowing limit by Rs 10,000 cr Bathinda-Srinagar gas pipeline project awarded to GSRL HC reserves ruling on IOCL water intake facility Indian Oil Corp offers rare volume of 40,000 tons naphtha from Dahej See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   BPCL plans shift from Iran to Saudi oil, say sources NEW DELHI: India's Bharat Petroleum has turned to Saudi Arabia, the world's top oil exporter, for higher supplies in 2012/13, fearing global sanc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036816   BPCL arm updates on latest appraisal success in Offshore Mozambique Bharat Petro Resources Limited (BPRL), a wholly owned subsidiary of Bharat Petroleum Corporation Limited (BPCL) has announced that Anadarko Mocam... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036824   UN sanctions do not prohibit oil buy from Iran: RBI Mumbai: RBI has said UN sanctions do not prohibit India from purchasing crude oil from Iran, which is facing tough US and European sanctions over... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036805   HPCL, BPCL seek stake in Kannur airport State-owned Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) are in the race to make "participatory... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036806   Petroleum Ministry knocks at Finance Minister's door with a wish list Petroleum and Natural Gas Ministry, concerned over the deteriorating health of the oil marketing companies (OMCs), has knocked at the door of the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036807   ATF Import Licence for Airlines Soon Kingfisher and other cash-strapped airlines will now be allowed to import fuel directly on actual user basis against licences issued by the direc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036808   Shell's $1.57 bn offer outbids OVL, GAIL for UK's Cove Energy news Royal Dutch Shell is buying UK-listed African explorer Cove Energy for £992.4 million ($1.57 billion), after Europe's largest oil and gas company... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036809   Power producers seek preferential allotment of gas Private power producers sought Government intervention for immediate allocation of gas to projects recommended by the Power Ministry, while seeki... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036810   PM panel for diesel price hike NEW DELHI: Making a strong pitch for raising diesel prices, Prime Minister's Economic Advisory Council chairman C Rangarajan on Wednesday said th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036811   India, China boom led to higher fuel prices: White House WASHINGTON: The White House has attributed the rising fuel prices in America partly to the economic boom in countries like India and China and un... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036812   Jatropha plantation can now be undertaken on community wastelands ALLAHABAD: When it comes to proper utilization of the wastelands, the land of Basehara, and Mahulikala gram panchayats of the district have yield... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036813   Power companies pitch for ONGC gas NEW DELHI: Promoters of private power projects, facing fuel shortage due to a drastic fall in output from Reliance Industries Ltd's Andhra offsho... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036814   Rajasthan Government issues notice to RIL The Directorate of Petroleum, Rajasthan Government has served a notice on Mukesh Ambani owned Reliance Industries Limited (RIL) warning it of pen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036815   Some PAC members oppose visit to RIL-run KG offshore gas fields NEW DELHI: A proposal to facilitate a tour of the Reliance Industries-run KG offshore gas fields for members of the Public Accounts Committee (PA... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036817   Gas cut for non-urea firms spurs friction Differences have surfaced between the ministries of fertilisers and petroleum on supply of cheaper domestic natural gas to non-urea producing fer... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036818   Divert natural gas from non-priority sector' To address the severe fuel shortage, private power producers on Wednesday urged the government to divert scarce natural gas from non-priority sec... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036819   HPCL to up borrowing limit by Rs 10,000 cr With non-revision in prices of controlled petroleum products such as diesel and continued surge in crude oil price, state-owned oil marketer Hind... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036820   Bathinda-Srinagar gas pipeline project awarded to GSRL The central government has awarded the Rs 855-crore Bathinda-Jammu-Srinagar gas pipeline project to Gujarat State Petronet Ltd (GSPL). ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036821   HC reserves ruling on IOCL water intake facility CUTTACK: The Orissa High Court on Tuesday concluded hearing on the dispute over the construction of the water intake facility on the Mahanadi Riv... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036822   Indian Oil Corp offers rare volume of 40,000 tons naphtha from Dahej State-owned Indian Oil Corp. has offered a rare volume of 38,000-40,000 tons naphtha for loading from Dahej on India's West Coast via a spot sell... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000036823   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here