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Tuesday, April 10, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- April 10, 2012
India, Qatar sign six pacts on cooperation in oil & gas exploration, other sectors
India considering return to Iranian gas
Petroleum sector: Rising crude, subdued demand for petro products to keep cos in a bind
Apex Court rejects plea to fix price of petro products
BPCL panel to examine cause of Assam refinery fire
Reliance, BP set to kick off imported LNG marketing
IGL gets Rs 1,000-cr hit from regulator
GNF may buy BG stake in Gujarat Gas
Indraprastha Gas tumbles 7%
ONGC-Teri JV bags $1-billion Kuwait oil spill clean-up job
Essar Oil to get no tax exemptions: Guj Comm Min
Qatar nod for India's LNG plea
Pak in Talks to Import Petroleum & Power From India
Bizarre Shortage in India during Global Gas Glut
ONGC Tripura power project to start generation by June-end
Goa move to curb smuggling of petrol
AP lodges protest with Centre over reduction in gas allotment
Numaligarh Refinery shuts down two units due to fire
AP CM refuses to comment on Reliance gas cut row
Gujarat Gas Company Ltd to announce Q1 results on April 26, 2012
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India, Qatar sign six pacts on cooperation in oil & gas exploration, other sectors
Prime Minister Manmohan Singh meeting the Emir of Qatar, Sheikh Hamad bin Khalifa al Thani, in New Delhi on April 9, 2012.
India and th...
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India considering return to Iranian gas
NEW DELHI - India is running an energy deficit and may consider rejoining a natural gas pipeline project from Iran, a senior diplomat said.
...
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Petroleum sector: Rising crude, subdued demand for petro products to keep cos in a bind
The quarter to March 2012 was characterised by rising crude oil prices, which in the absence of retail price hikes increased the under-recoveries of s...
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Apex Court rejects plea to fix price of petro products
NEW DELHI : The Supreme Court today rejected a plea to rake up the issue of fixing of price of petroleum products saying it cannot be involved in poli...
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BPCL panel to examine cause of Assam refinery fire
Bharat Petroleum Corporation Ltd (BPCL) has appointed a three-member committee to present a preliminary report, within three days, on the cause o...
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Reliance, BP set to kick off imported LNG marketing
Faced with a shortfall in gas production from its KG-D6 field, Reliance Industries Ltd [ Get Quote ] is set to make its debut in the marketing of...
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IGL gets Rs 1,000-cr hit from regulator
Gas board orders cuts in rates, charges for CNG & PNG to Delhi consumers; firm may challenge directive

The price of ...
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GNF may buy BG stake in Gujarat Gas
Spanish utility Gas Natural Fenosa is in talks with BG Group Plc to buy the UK oil and gas company's 65% stake in Gujarat Gas, a source with dire...
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Indraprastha Gas tumbles 7%
MUMBAI,  The Petroleum and Natural Gas Regulatory Board (PNGRB) directive to Indraprastha Gas to refund excess tariff sent the stock into a ...
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ONGC-Teri JV bags $1-billion Kuwait oil spill clean-up job
Oil and Natural Gas Corporation (ONGC) says its joint venture (JV) company has won a third of the estimated $3-billion global contract to clean the 60...
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Essar Oil to get no tax exemptions: Guj Comm Min
The government of Gujarat has made it clear that Essar Oil will not be given any concessions with respect to sales tax.

Speaking to CNBC-TV18, ...
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Qatar nod for India's LNG plea
India sought an additional annual supply of three million tonnes of Liquefied Natural Gas from Qatar, even as the two countries on Monday signed a Mem...
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Pak in Talks to Import Petroleum & Power From India
Pakistan is exploring possibilities for import of auto fuels like petrol and power from India, a senior Pakistani diplomat today said.

While Pa...
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Bizarre Shortage in India during Global Gas Glut
Oversupply has lead to natural gas prices crashing globally even though crude oil prices have moved up. Despite the global glut Indian households have...
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ONGC Tripura power project to start generation by June-end
The ONGC Tripura Power Project (OTPC) will start power generation by the end of June at Palatana in Gomati district, its Managing Director S K Dubey t...
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Goa move to curb smuggling of petrol
The Goa Chief Minister, Mr Manohar Parrikar, said that petrol pumps on the State's border would be under strict surveillance to ensure that petrol is ...
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AP lodges protest with Centre over reduction in gas allotment
Andhra Pradesh Government has lodged a 'protest' with the Centre over reduction in allotment of natural gas from 75 to less than 50 per cent to the st...
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Numaligarh Refinery shuts down two units due to fire
The hydrocraker and hydrogen units of Numaligarh Refinery have been temporarily shut down due to the major fire that broke out in the hydrocracker uni...
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AP CM refuses to comment on Reliance gas cut row
Chief Minister N. Kiran Kumar Reddy on Monday refused to be dragged into the ongoing controversy over the alleged deliberate cut in gas production by ...
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Gujarat Gas Company Ltd to announce Q1 results on April 26, 2012
A meeting of the Board of Directors of Gujarat Gas Company Ltd will be held on April 26, 2012, to approve the unaudited financial results of the Compa...
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