Petro Daily Newsletter

Headline Scan Wednesday -- April 11, 2012 Iran can stand 2-3 year oil blockade: Ahmadinejad Brent slips below $122 on soft China import data Payment remains a worry for oil exports to Pakistan RIL may ignore OilMin advice on arbitration Oil & Gas Sector Now Faces Higher Regulatory Risk, Lower Investor Interest Now, shop while buying fuel for vehicle IOC SBR project in Panipat to create 1,500 jobs and a business of Rs 1,500 crore Your CNG, piped gas bills may fall by 10-20% Cairn India to raise Mangala output by 25,000 bpd After warning India, China asks Russia to stay away from South China Sea Sudan says South Sudan controls largest oil field Natgas futures hit 10-year low for 2nd day Algeria to decide on Italy gas pipeline by end of 2012 UK spot gas up on tight Norwegian, offshore supply Goldman sees WTI oil prices closer to Brent in 2nd half Indraprastha Gas goes to Delhi High Court over regulatory order on tariff NYMEX-Oil slips, extends losses on demand worries See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Iran can stand 2-3 year oil blockade: Ahmadinejad Dubai: Iran has enough funds to withstand a total embargo on its oil sales for two to three years, Iranian media quoted President Mahmoud Ahmadinejad ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037528   Brent slips below $122 on soft China import data London: Oil slipped below $122 on Tuesday as soft Chinese import data raised concerns about oil demand growth in the world's second-biggest consumer.<... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037533   Payment remains a worry for oil exports to Pakistan A technical group from India would be visiting Islamabad tentatively in the third week of April to work out the details of petroleum exports to Pakist... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037519   RIL may ignore OilMin advice on arbitration Reliance Industries Ltd (RIL) is evaluating provisions of the Arbitration Act to take forward its claim, though the government has declined to join th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037520   Oil & Gas Sector Now Faces Higher Regulatory Risk, Lower Investor Interest The petroleum and natural gas industry in the country, dominated by several large staterun companies, is becoming increasingly unattractive for retail... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037521   Now, shop while buying fuel for vehicle KOLKATA: How about buying some groceries and clothes at the petrol pump? Or having an ice cream after buying the car fuel? This may soon become a real... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037522   IOC SBR project in Panipat to create 1,500 jobs and a business of Rs 1,500 crore PANIPAT: The Indian Oil Corporation (IOC) has set up its most awaited styrene butadiene rubber (SBR) project at the Panipat Petro Hub with an investme... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037523   Your CNG, piped gas bills may fall by 10-20% CNG vehicle and piped cooking gas users can look forward to their bills falling by 10-20% soon. If the regulator, Petroleum and Natural Gas Regulatory... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037524   Cairn India to raise Mangala output by 25,000 bpd NEW DELHI: Cairn India has won crucial nods to raise output from its largest oilfield in Rajasthan block by 25,000 barrels per day to 150,000 bpd late... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037525   After warning India, China asks Russia to stay away from South China Sea China has been vehemently opposed to ONGC Videsh Limited exploring for oil in the South China sea area. BEIJING: India has now got company of a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037526   Sudan says South Sudan controls largest oil field A Sudanese military spokesman told the BBC its forces had been defeated outside Heglig, and retreated north. South Sudan said its forces had ad... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037527   Natgas futures hit 10-year low for 2nd day Natural gas futures set a 10-year low on Tuesday for a second straight day as forecasts for moderate weather and growing concerns about record-high in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037529   Algeria to decide on Italy gas pipeline by end of 2012 A decision will be made by the end of this year on the planned Galsi gas pipeline from Algeria to Italy following a review of its economic feasibility... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037530   UK spot gas up on tight Norwegian, offshore supply British prompt gas prices rose on Tuesday as forecasters predicted colder temperatures while Norwegian deliveries and North Sea output fell, but risin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037531   Goldman sees WTI oil prices closer to Brent in 2nd half The WTI-Brent spread, measuring the price difference between the world's two main crude oil benchmarks, is expected to narrow in the second half of th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037532   Indraprastha Gas goes to Delhi High Court over regulatory order on tariff In a significant order that is bound to have widespread implications, the Petroleum and Natural Gas Regulatory Board (PNGRB) has slashed the network t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037518   NYMEX-Oil slips, extends losses on demand worries SINGAPORE - Oil futures slipped in early Asian trade on Wednesday, extending steep losses in the previous session, on demand growth concerns as weak d... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037534   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here