Petro Daily Newsletter

Headline Scan Tuesday -- May 29, 2012 India, Myanmar ink pact on petroleum exploration HC issues notices to Centre on PIL against petrol price hike CNG gets dearer, petrol cheaper in Delhi Shale energy triggers guar seed rush in India BPCL pins hope on expanding overseas, plans Rs 5k cr capex IOC Q4 net trebles to 12,670 cr OIL in talks to buy 51% stake in Reliance Gas Transportation India needs to master the coal-gasification technology Jaipal Reddy rules out differential pricing for diesel Rs 38.5K crore dole to help OMCs tide over financial problems: Moody's Numaligarh refinery to be fully operational in 2-3 days Delhi budget: Kerosene out, poor to get subsidy for gas connections Shell To Exit Libyan Oil, Gas Blocks Iraq set to auction new oil, gas blocks Oman invites bids for major oil project Tanzania: Imported Petrol 'Has Ethanol' NEPAL : Biratnagar stocks up on imported fuel Nigerian Content: Petroleum Minister urged to enforce compliance See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India, Myanmar ink pact on petroleum exploration NAY PYI TAW: Indian and Myanmar today inked three pacts including on exploration and production of petroleum and leasing of a paper and pulp mill. ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038238   HC issues notices to Centre on PIL against petrol price hike Mumbai: The Bombay High Court Monday issued notices to the Centre, the Petroleum Ministry and the Finance Secretary on a PIL which claimed that the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038239   CNG gets dearer, petrol cheaper in Delhi NEW DELHI: Petrol car owners in Delhi will get some relief from the recent steep rise in petrol price after the state government decided not to lev... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038240   Shale energy triggers guar seed rush in India In India's northern desert states, farmers are scrambling to harvest as much as they can of a bean with the power to lift them out of poverty. In t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038241   BPCL pins hope on expanding overseas, plans Rs 5k cr capex Bharat Petroleum (BPCL) has lined up a capex plan of around Rs 5,000 crore which will be used to expand capacities at its Bina  and Mumbai ref... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038242   IOC Q4 net trebles to 12,670 cr New Delhi: Flagship refinermarketer IndianOil Corporation on Monday hinted that it could reduce petrol price by up to Rs 1.25 a litre even as its p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038243   OIL in talks to buy 51% stake in Reliance Gas Transportation New Delhi: State-owned Oil India Ltd on Monday said it is in talks to buy 51 percent in billionaire Mukesh Ambani's privately owned firm Reliance G... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038244   India needs to master the coal-gasification technology There is a huge and growing demand-supply gap in natural gas, given faltering output in the Krishna-Godavari basin and the age of the mainstay of p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038245   Jaipal Reddy rules out differential pricing for diesel NEW DELHI: Growing unease within the Congress and street protests by its tantrum-prone allies over the petrol price hike appear to have sapped the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038246   Rs 38.5K crore dole to help OMCs tide over financial problems: Moody's NEW DELHI: Terming the government's decision to dole out Rs 38,500 crore additional cash subsidy to oil PSUs for fiscal 2011-12 a positive step, cr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038247   Numaligarh refinery to be fully operational in 2-3 days SINGAPORE: India's fire-damaged 60,000 barrels-per-day (bpd) Numaligarh refinery is in the process of being restarted and is expected to be fully o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038248   Delhi budget: Kerosene out, poor to get subsidy for gas connections NEW DELHI: The government on Monday went public with its plan to make the city kerosene-free - a move reported by TOI last week. The budget propose... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038249   Shell To Exit Libyan Oil, Gas Blocks LONDON –  Royal Dutch Shell PLC (RDSA, RDSB, RDSA.LN, RDSB.LN) Monday said it was exiting its Libyan exploration blocks amid insecurity and ha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038250   Iraq set to auction new oil, gas blocks BAGHDAD - Iraq will auction 12 new oil and gas exploration blocks this week in a fourth energy bidding round, as it seeks the rapid expansion of a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038251   Oman invites bids for major oil project Petroleum Development Oman (PDO) has invited tenders for a major project that involves construction of four parallel compression trains with a tota... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038252   Tanzania: Imported Petrol 'Has Ethanol' It has now been officially proven that petrol supplied between January and March this year through the bulk procurement system (BPS) contained more... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038253   NEPAL : Biratnagar stocks up on imported fuel BIRATNAGAR: A total of 45 tankers of petrol and diesel have been imported in the eastern region so as not to allow shortage of petroleum products i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038254   Nigerian Content: Petroleum Minister urged to enforce compliance WARRI—Niger Delta Indigenous Movement for Radical Change, NDIMRC, has urged the Petroleum Minister, Mrs. Diezani Alison-Madueke, to sanction multi-... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038255   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here