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Monday, April 23, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- April 24, 2012
India asks Qatar for additional 3 mn tonnes of gas
Oil prices dip on mounting demand fears
Pakistan, India, Afghanistan close to agreeing on TAPI gas pipeline transit fee
Tax breaks for oil discovery
CBM pricing: DGH endorses RIL's formula
SC notice to govt, ONGC over alleged Rs1,00,000-cr loss in Cairn-Vedanta deal news
India one step back in South China Sea
Will a gas seller's fine upend a promising industry?
IOC to review biofuel business strategy
Govt allows RIL-BP to survey only 5 gas fields in KG-D6 block
RIL-BP integrated plan for KG-D6 gas block rejected
CNPC, PDVSA to start building joint refinery in late April
Iran oil sector hit by 'cyber attack': reports
China eyes increased funding in shale gas
Petroplus' UK plant to shut for work in Sept
China's March Imports Of Iranian Crude Fall Again
Half Iran tanker fleet storing oil at sea after sanctions hit crude supply
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India asks Qatar for additional 3 mn tonnes of gas
Doha: India Monday urged Qatar to increase the supply of natural gas by 3 million tonnes to meet immediate requirements. India imports 7.5 million ton...
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Oil prices dip on mounting demand fears
NEW YORK: US oil prices slipped slightly on Monday as downbeat Chinese data and ongoing eurozone uncertainty cast doubt on the strength of global ener...
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Pakistan, India, Afghanistan close to agreeing on TAPI gas pipeline transit fee
India, Pakistan and Afghanistan are close to agreeing on a transit fee of 49.5 cents/MMBtu for the Turkmenistan-Afghanistan-Pakistan-India gas pipelin...
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Tax breaks for oil discovery
With India's emergence on the global canvas, energy security has attained unprecedented importance. Empirical evidence shows a direct correlation betw...
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CBM pricing: DGH endorses RIL's formula
NEW DELHI: The directorate general of hydrocarbons (DGH) has endorsed Reliance Industries' pricing formula for coal bed methane (CBM) from its Madhya ...
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SC notice to govt, ONGC over alleged Rs1,00,000-cr loss in Cairn-Vedanta deal news
The Supreme Court today issued notices to the central government, ONGC, Cairn Energy and Vedanta Resources on a petition that seeks criminal investiga...
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India one step back in South China Sea
New Delhi,  State-owned ONGC is caught in the middle of a logjam preventing it from exiting a dry block in the disputed waters of the South China...
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Will a gas seller's fine upend a promising industry?
Indraprastha Gas Ltd, or IGL, was sitting pretty with a monopoly over the sale of compressed natural gas (CNG) and piped natural gas distribution in D...
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IOC to review biofuel business strategy
High costs, uncertain yield, less availability of wasteland are some of the reasons that have compelled Indian Oil Corporation (IOC) to review its bio...
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Govt allows RIL-BP to survey only 5 gas fields in KG-D6 block
New Delhi: The government has rejected Reliance Industries' proposal to invest in survey of all discoveries made in KG-D6 gas block, and has instead d...
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RIL-BP integrated plan for KG-D6 gas block rejected
The Petroleum and Natural Gas Ministry has rejected the "integrated development plan" submitted by Reliance Industries Limited (RIL) and its partner B...
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CNPC, PDVSA to start building joint refinery in late April
BEIJING. - State-run China National Petroleum Corp (CNPC) and Petroleos de Venezuela SA (PDVSA) will start building their mega joint refinery on China...
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Iran oil sector hit by 'cyber attack': reports
Tehran: A voracious virus attack has hit computers running key parts of Iran's oil sector, forcing authorities to unplug its main oil export terminal ...
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China eyes increased funding in shale gas
CHINA plans to speed up exploration of shale gas by asking companies, including PetroChina Co, to invest three times the minimum amount sought for cru...
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Petroplus' UK plant to shut for work in Sept
LONDON/GENEVA, - The UK administrator for Petroplus' British refinery Coryton said on Monday the plant will shut for around 6-8 weeks from late Septem...
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China's March Imports Of Iranian Crude Fall Again
China's crude-oil imports from Iran fell sharply for a second consecutive month after China International United Petroleum & Chemical Co., known a...
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Half Iran tanker fleet storing oil at sea after sanctions hit crude supply
Iran has been forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers of its crude cut back because ...
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