Petro Daily Newsletter

Headline Scan Wednesday -- May 30, 2012 India offers to build pipeline for oil export to Pak: report Oman's oil exports to India drop 88% in Q1 HPCL Q4 PAT soars to Rs.4630.99 crore ONGC Q4 net more than doubles to Rs 5,644 cr India, Pakistan discuss petro trade India's refiners could cut petrol prices from June-exec Defence Minister A K Antony resents petrol price hike Mumbai Port Trust to set up facility to tackle oil spills MRPL to cut Iranian oil imports by 20% this year Aim to produce 2.92 bn cubic meters of gas in FY13: OIL finance director Iraq set to auction new oil, gas blocks Bangladesh wants to join TAPI gas pact: report Kuwait to take $500 mln stake in UK North Sea Saudi boosts OPEC output despite price drop Crude oil edges higher towards USD92 despite Spain fears S Korea boosts Iran oil imports China paying billions for oil deals in the Americas Asia Gasoline/Gasoil-PV Oil seeks fuel as plant shut Sudan pulls troops from oil-rich region See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India offers to build pipeline for oil export to Pak: report Islamabad: India has offered to build a pipeline to the Wagah land border and supply 50 million tonnes of petroleum products a year to meet Pakista... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038260   Oman's oil exports to India drop 88% in Q1 Indian imports of Oman's crude oil in the first quarter of 2012 dropped 88.1 per cent compared to the same period last year, as India [ Images ] in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038261   HPCL Q4 PAT soars to Rs.4630.99 crore Hindustan Petroleum Corporation Ltd has announced the financial results for the quarter & year ended March 31, 2012.The Company has posted a ne... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038262   ONGC Q4 net more than doubles to Rs 5,644 cr State-owned Oil and Natural Gas Corp (ONGC) today reported more than doubling of its net profit in March quarter as rupee depreciation helped offse... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038263   India, Pakistan discuss petro trade Exploratory talks for trade in petroleum products between oil companies of India and Pakistan concluded here on Tuesday with the latter showing a k... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038264   India's refiners could cut petrol prices from June-exec Indian state-fuel retailers could cut retail prices of gasoline by about two rupees a litre from next month if global oil prices and the rupee stab... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038265   Defence Minister A K Antony resents petrol price hike NEYYATTINKARA: In a dissenting voice from the government over the steepest ever petrol price hike, Defence Minister A K Antony today said it was "n... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038266   Mumbai Port Trust to set up facility to tackle oil spills MUMBAI: It's better late than never. Following a series of oil spills around the city coast in the last two years, the Mumbai Port Trust (MbPT) has... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038267   MRPL to cut Iranian oil imports by 20% this year NEW DELHI: MRPL, the nation's largest buyer of Iranian crude oil, will cut oil imports from the Persian Gulf nation by over 20 per cent this fiscal... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038268   Aim to produce 2.92 bn cubic meters of gas in FY13: OIL finance director Oil India Ltd (OIL) reported a 21 per cent drop in net profit at Rs 444.81 crore for the fourth quarter ended March 31, 2012, against Rs 1,013.98 c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038270   Iraq set to auction new oil, gas blocks 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 sector vit... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038271   Bangladesh wants to join TAPI gas pact: report Bangladesh has expressed interest in joining the Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project which is expected to be ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038272   Kuwait to take $500 mln stake in UK North Sea Kuwait's state oil firm will pay around $500 million for a stake in a North Sea oil field owned by oil and gas explorer EnQuest Plc, the London-lis... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038273   Saudi boosts OPEC output despite price drop OPEC oil output in May has hit its highest since 2008 as Saudi Arabia kept rates high despite a drop in prices and Iranian shipments did not fall m... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038274   Crude oil edges higher towards USD92 despite Spain fears Forexpros - Crude oil futures held on to gains during U.S. morning trade on Tuesday, as hopes for near-term monetary easing by China and ongoing co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038275   S Korea boosts Iran oil imports South Korea boosted imports of Iranian crude oil in April, defying intense international pressure to reduce supplies from Tehran, which accounts fo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038276   China paying billions for oil deals in the Americas NEW YORK -- Eager to feed its growing energy appetite, China's worldwide buying binge for oil and other energy assets is spreading to North and Sou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038277   Asia Gasoline/Gasoil-PV Oil seeks fuel as plant shut SINGAPORE - Vietnam's PV Oil is seeking at least 28,000 cubic meters of gasoline and diesel for June-July delivery, on the heels of Saigon Petro, w... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038278   Sudan pulls troops from oil-rich region KHARTOUM, Sudan (AP) — Sudan withdrew its army Tuesday from the disputed Abyei border region that contains rich oil fields and is contested by neig... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038279   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here