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Monday, March 26, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- March 26, 2012
Jaipal Reddy assures all help to oil companies to raise production
Oil rises almost $3 a barrel on Iran report
Indian oil cos look to export petro products to Pak
FM prepares ground for bold moves
Diesel Now the Cheapest Fuel for Your Car
China warns India against oil exploration in South China Sea
MUMBAI : MEETING WITH OIL FIRMS, TRANSPORTERS TODAY
Power Ministry 'no' to gas price pooling
RIL Taps Western Markets as Asian Oil Demand Slips
Govt may continue to opt for the 'auction method'
RIL's profit to be hit by weak refining margins
GAIL eyes up to 2 mln t/yr LNG import deal
GOA : Decrease Value Added Tax: Hoteliers to CM
COIMBATORE : Delivery boys' take consumers for a ride
It's not the end to oil search off Kochi'
Nigeria villages sue Shell in UK court over oil spills
Obama adviser: tapping strategic oil reserve still an option
Govt initiates gas pricing reforms: PM
India, Pak discuss TAPI pipeline project
RIL Likely to Sell CBM at $10 per Unit
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Jaipal Reddy assures all help to oil companies to raise production
Jaipal Reddy, a politician with a gift for repartee and a belief in Keynesian doctrine, insists he is not presiding over regime change in the oil...
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Oil rises almost $3 a barrel on Iran report
Oil climbed after Reuters reported Iranian oil exports will drop by 300,000 barrels a day this month because of tighter sanctions. Futures gained...
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Indian oil cos look to export petro products to Pak
Mumbai: With the in-principle status of 'Most Favoured Nation' given to India by Pakistan, Indian oil companies such as Hindustan Petroleum Corpo...
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FM prepares ground for bold moves
A day after Petroleum Minister Jaipal Reddy assured oil marketing companies (OMCs) of taking up the issue of raising fuel prices with the empower...
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Diesel Now the Cheapest Fuel for Your Car
The much-maligned diesel has a new moniker that is more impressive than its dirty fuel tag. In the Indian automobile market, diesel is king, and ...
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China warns India against oil exploration in South China Sea
Beijing: Terming the South China Sea as a disputed region, China has warned India to refrain from undertaking oil exploration in the resource-ric...
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MUMBAI : MEETING WITH OIL FIRMS, TRANSPORTERS TODAY
Mumbai: With fears of a possible LPG cylinder crisis in Mumbai and the rest of Maharashtra, the state government has intervened in the indefinite...
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Power Ministry 'no' to gas price pooling
The Power Ministry has rejected the gas price pooling mechanism within the power sector proposed by the Ministry of Petroleum and Natural Gas, te...
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RIL Taps Western Markets as Asian Oil Demand Slips
A fall in Asian oil demand has forced Reliance to divert cargoes to Western markets to keep its refinery running flat out but the shift is hurtin...
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Govt may continue to opt for the 'auction method'
NEW DELHI, Despite the ONGC fiasco, the Government may still use 'offer for sale on stock exchange' or 'auction method' for divesting its stake i...
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RIL's profit to be hit by weak refining margins
MUMBAI: A fall in Asian oil demand has forced Reliance to divert cargoes to Western markets to keep its refinery running flat out, but the shift ...
See the Full Story:
 
GAIL eyes up to 2 mln t/yr LNG import deal
NEW DELHI - GAIL India is likely to sign a three-year deal within three months to buy up to 2 million tonnes of LNG annually, Chairman B. C. Trip...
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GOA : Decrease Value Added Tax: Hoteliers to CM
MARGAO: The South Goa hotel and restaurant owners association (SGHROA) has, in a memorandum addressed to the chief minister, has highlighted the ...
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COIMBATORE : Delivery boys' take consumers for a ride
COIMBATORE: For the past few weeks, Indane gas distributors in the city have been bogged down by cheating complaints filed by customers. Men dres...
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It's not the end to oil search off Kochi'
KOCHI: The hydrocarbon exploration bid in the offshore areas of Kochi was rejected temporarily, said Union minister of state for food and public ...
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Nigeria villages sue Shell in UK court over oil spills
LAGOS, NIGERIA: Thirty-five Nigerian villages are suing Royal Dutch Shell PLC in a British court, claiming that the company's slow response to tw...
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Obama adviser: tapping strategic oil reserve still an option
Washington (CNN) -- A senior White House adviser said Sunday that opening the nation's strategic petroleum reserve to bring down gas prices remai...
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Govt initiates gas pricing reforms: PM
NEW DELHI, The Government has initiated gas pricing reforms to incentivise production of natural gas, the Prime Minister, Dr Manmohan Singh, said...
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India, Pak discuss TAPI pipeline project
The Petroleum Secretaries of India and Pakistan held talks on Thursday on the bilateral trade of petroleum products and the Turkmenistan-Afghanis...
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RIL Likely to Sell CBM at $10 per Unit
Reliance Industries Ltd is likely to sell coal bed methane at a price of at least $10 a unit as the oil ministry feels the company followed the c...
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