Petro Daily Newsletter

Headline Scan Friday -- April 27, 2012 Reduce petrol tax by Rs 6 per litre: Oil Ministry Essar Oil renews product sale and purchase agreement with BPCL Oil steady above $119; Fed comments support Energy companies operating in Mozambique plan to ship Mozambique Gas to India PM to inaugurate Rs 21,500-cr refinery near Bhatinda tomorrow Supply of BS IV Compliant Fuel in 50 more Cities by 2015 : MOPNG LPG SMS-booking scheme very successful: Government Billionaire Mittal Pushes Pakistan Detente With Refinery LPG shortage is looming large ONGC aggressive on shale gas exploration: CMD Deepwater exploration is the future of ONGC Bangladesh signs gas deal with Russian Gazprom Shale Gas Gaining Global Credence As An Energy AnswerShale Gas Gaining Global Credence As An Energy Answer Snap Analysis - Nabucco gas pipeline must shrink or die Iran offers $500m for IP gas project Also agrees to export 70,000-80,000 bpd crude oil to Pakistan Norwegian oil firm begins operations in Ghana Saudi finmin: $100 is good oil price for all See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Reduce petrol tax by Rs 6 per litre: Oil Ministry NEW DELHI: The oil ministry has asked for a tax cut of Rs 6 per litre on petrol to help avoid a sharp rise in retail price of the fuel, but the financ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037772   Essar Oil renews product sale and purchase agreement with BPCL Essar Oil Limited (EOL) today announced that it had renewed a major product sale and purchase agreement with the public sector Bharat Petroleum Corpor... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037776   Oil steady above $119; Fed comments support LONDON: Oil inched above $119 a barrel on Thursday, as optimism over a recovery in the U.S. economy offset the impact of rising global supplies. The U... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037790   Energy companies operating in Mozambique plan to ship Mozambique Gas to India MUMBAI: Energy companies operating in Mozambique, which reported one of the world's biggest natural gas discoveries in recent years, are eyeing the va... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037773   PM to inaugurate Rs 21,500-cr refinery near Bhatinda tomorrow The Rs 21,500-crore Guru Gobind Singh Refinery near Bathinda — the largest investment Punjab has seen since Independence — will formally be inaugurate... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037774   Supply of BS IV Compliant Fuel in 50 more Cities by 2015 : MOPNG The Minister of State Petroleum and Natural Gas Shri R P N Singh informed the Lok Sabha in a written reply today that decision has been taken to progr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037777   LPG SMS-booking scheme very successful: Government 80% of LPG users in most parts of India do their cylinder booking through SMS, going by what the junior minister for petroleum and natural gas told th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037778   Billionaire Mittal Pushes Pakistan Detente With Refinery Billionaire Lakshmi N. Mittal and an Indian oil (IOCL) company are formally opening a $4 billion refinery on the northern border with Pakistan as the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037779   LPG shortage is looming large The country, particularly south India, is facing an acute shortage of liquefied petroleum gas, something that the state-owned oil marketing compan... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037781   ONGC aggressive on shale gas exploration: CMD Public sector oil exploration major, Oil and Natural Gas Corporation Ltd (ONGC) is aggressively pursuing technology intensive exploration opportunitie... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037782   Deepwater exploration is the future of ONGC Oil and Natural Gas Corp. Ltd (ONGC) chairman and managing director Sudhir Vasudeva spoke in an interview in Ahmedabad about plans to enter the city g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037783   Bangladesh signs gas deal with Russian Gazprom DHAKA — Russian gas giant Gazprom signed on Thursday a $200-million deal with Bangladesh's state-run energy corporation, Petrobangla, to boost gas out... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037784   Shale Gas Gaining Global Credence As An Energy AnswerShale Gas Gaining Global Credence As An Energy Answer Even as fracking continues to generate controversy over emissions, shale gas is getting a long look from major energy consumers like China and U.K. Ad... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037785   Snap Analysis - Nabucco gas pipeline must shrink or die The Nabucco gas pipeline, which was initially aimed at transporting vast amounts of central Asian gas through Turkey and into Europe, will have to dow... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037786   Iran offers $500m for IP gas project Also agrees to export 70,000-80,000 bpd crude oil to Pakistan ISLAMABAD: Iran, facing tough sanctions imposed by the US and Europe on account of its nuclear programme, has said it is ready to extend $500 million ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037787   Norwegian oil firm begins operations in Ghana Subject to approval from the Ghana National Petroleum Corporation (GNPC) and the Energy ministry, Norwegian oil and gas firm, Statoil, will take a 35%... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037788   Saudi finmin: $100 is good oil price for all PRAGUE – An oil price of $100 per barrel would provide the right balance for both consumers and producers, Saudi Arabian Finance Minister Ibrahim Alas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000037789   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here