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Sunday, April 15, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- April 16, 2012
NRL plans to add 8m tonne capacity
Oil firms cut jet fuel price by Rs 169.3
Crude falls as Iran talks make progress
The government needs to act on policy, not dither on oil prices
India, Pak to fast-track trade process of petro products
Rs 65: CNG to kiss petrol prices soon?
Safety hazard cited as Rs 1.5 lakh piped gas users keep cylinders
Prize Petroleum prepares for post-merger life
ONGC paying for fuelling oil retailers
RIL's East Timor gas block fails to produce news
Future of fracturing still a big unknown
Iran raises hopes of nuke trade-off to halt oil curbs
Is high oil price behind China's slowdown?
Iraq's refinery situation must change
Kenya oil refinery set for $1b upgrade
Online US oil sanctions on Iran can affect Ghana – Minister
Turkey to continue to buy crude oil and natural gas from Iran - Minister
Iran Ships 'Off Radar' As Tehran Conceals Oil Sales
Heavy Casualties In Sudan Oil-Field Battle
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
NRL plans to add 8m tonne capacity
Numaligarh Refinery, located near Golaghat in Assam, is drawing an ambitious plan to more than double its refining capacity up to 8 million tonne...
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Oil firms cut jet fuel price by Rs 169.3
The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by Rs 169.3 per kl, or 0.25 per cent, to Rs 67,631 effective from mid...
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Crude falls as Iran talks make progress
Crude oil futures fell in Asian trading Monday after talks to end a nuclear standoff between the West with Iran made progress, with all sides agr...
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The government needs to act on policy, not dither on oil prices
The government has reportedly asked economist Kirit Parikh for yet another report on how to lower the fuel subsidy burden on the exchequer. The a...
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India, Pak to fast-track trade process of petro products
India and Pakistan have expressed their desire to fast track the ongoing process of bilateral trade in petroleum products and electricity.
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Rs 65: CNG to kiss petrol prices soon?
Ahmedabad: Here's some more bad news in store for gas consumers. CNG prices in Ahmedabad, which crossed Rs50 per kg recently, are projected to ri...
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Safety hazard cited as Rs 1.5 lakh piped gas users keep cylinders
MUMBAI: More than 1.5 lakh Mumbaikars have not surrendered their liquefied petroleum gas (LPG) cylinders even years after acquiring piped natural...
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Prize Petroleum prepares for post-merger life
Prize Petroleum Company Ltd (PPCL), the exploration and production (E&P) arm of Hindustan Petroleum Corporation Ltd (HPCL) and which merged w...
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ONGC paying for fuelling oil retailers
NEW DELHI, APRIL 15: Produce more is what ONGC is often told. But, how does the public sector giant increase its output when its finances are bei...
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RIL's East Timor gas block fails to produce news
Reliance Industries Ltd, India's largest private sector energy company, is not seeing much success with its oil and gas assets abroad; and has al...
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Future of fracturing still a big unknown
WOOSTER -- What's in store for Wayne County, and the state, in terms of oil and gas production with horizontal drilling?

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Iran raises hopes of nuke trade-off to halt oil curbs
The first session of negotiations on Iran's nuclear programme have concluded with delegates praising the constructive dialogue and Iran's positiv...
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Is high oil price behind China's slowdown?
HONG KONG  — While bad news is highly effective at selling newspapers, it tends to work the opposite way for sell-side analysts: Being peren...
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Iraq's refinery situation must change
This week a conference will be held in London under the title 'Iraq Refinery 2012'. The Ministry of Oil is sending a high level delegation to the...
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Kenya oil refinery set for $1b upgrade
The objective of Kenya Petroleum Refineries Ltd (KPRL) is to improve the refining margin, utilise existing facilities and improve quality of refi...
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Online US oil sanctions on Iran can affect Ghana – Minister
A Deputy Energy Minister, Alhaji Inusah Fuseini says sanctions imposed on Iran by the United States and other Western countries can have repercus...
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Turkey to continue to buy crude oil and natural gas from Iran - Minister
Turkey's Energy Minister Taner Yildiz says Iran is an "important" neighbor of Turkey, stressing that his country will maintain strong energy ties...
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Iran Ships 'Off Radar' As Tehran Conceals Oil Sales
LONDON: Iran is concealing the destinations of its oil sales by disabling tracking systems aboard its tanker fleet, making it difficult to assess...
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Heavy Casualties In Sudan Oil-Field Battle
Fierce clashes between Sudan and South Sudan over the Heglig oil field continued Saturday, officials said, with both sides registering heavy casu...
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