Petro Daily Newsletter

Headline Scan Friday -- June 15, 2012 Jaipal Reddy asks Saudi Arabia to supply additional 5 MT crude oil Petro trade talks deadlock: Pak pushing for better price, says India Fingers crossed on Iranian oil Petrol price likely to be cut by Rs 2 a litre on Friday: sources Aviators' strike hits oil rig flights India moves to start rupee payments for Iran oil HPCL, ONGC May Build Rajasthan's First Refinery RIL gas output drops further in KG-D6 Head in the sand, OPEC sees no oil shale threat OPEC likely to meet if oil falls below $90 Opec sees no oil shale threat Shell JV starts building China oil product storage -agency China, S. Korea refiners cut output on high stocks Nigeria: Petroleum Products Importation to End in 24 Months Oil rises as OPEC keeps output target steady Crude oil down on weak Asian cues Oil searches for direction as OPEC ministers meet See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Jaipal Reddy asks Saudi Arabia to supply additional 5 MT crude oil NEW DELHI: India has asked Saudi Arabia, the world's biggest oil producer, to supply 5 million tonne additional crude oil this year mainly becaus... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038522   Petro trade talks deadlock: Pak pushing for better price, says India NEW DELHI, Despite the new-found bonhomie, the old habit of mutual distrust seems to be creeping into India-Pakistan talks. The bilateral negotia... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038523   Fingers crossed on Iranian oil The US decision exempting India from sanctions against its purchases of oil from Iran is a victory of sorts for non-confrontational but firm dipl... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038524   Petrol price likely to be cut by Rs 2 a litre on Friday: sources State-run oil marketing companies are likely to cut petrol prices by Rs 2 a litre at their fortnightly price review scheduled for Friday, June 15... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038525   Aviators' strike hits oil rig flights Mumbai: Pilots belonging to Pawan Hans Helicopters Ltd went on a flash strike on Thursday as a result of which its passenger operations in places... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038526   India moves to start rupee payments for Iran oil NEW DELHI – India removed a hefty tax and took other steps to ease payments in its rupee currency for some imports of Iranian oil as it seeks to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038527   HPCL, ONGC May Build Rajasthan's First Refinery NEW DELHI, Hindustan Petroleum Corp. and Oil & Natural Gas Corp. are considering a plan to build Rajasthan's first-ever refinery in partnersh... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038528   RIL gas output drops further in KG-D6 Reliance Industries reported  that its natural gas output at its eastern offshore KG-D6 fields dropped to 31.5 million cubic meters per day ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038529   Head in the sand, OPEC sees no oil shale threat VIENNA: OPEC oil producers are not worried about the shale revolution. They might need to re-run their numbers. The United States imported 4.5 mi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038530   OPEC likely to meet if oil falls below $90 VIENNA, The Organization of Petroleum Exporting Countries is likely to meet again if oil prices fell below $90 a barrel, Kuwait's Oil Minister Ha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038531   Opec sees no oil shale threat The Organization of the Petroleum Exporting Countries (Opec) is not worried about the shale revolution. They might need to rerun their numbers. T... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038532   Shell JV starts building China oil product storage -agency A Shell joint venture in China has begun building an oil product storage facility of capacity 200,000 cubic meters (1.26 million barrels) in the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038533   China, S. Korea refiners cut output on high stocks Sinopec Corp, Asia's largest refiner, and South Korea's S-Oil Corp will process less crude in June to trim high oil products inventories and as r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038534   Nigeria: Petroleum Products Importation to End in 24 Months The Federal Government said it plans to stop refined petroleum products importation within the next two years, after it was done with the turn ar... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038535   Oil rises as OPEC keeps output target steady Oil futures rose on Thursday after the Organization of the Petroleum Exporting Countries agreed to keep its collective oil output ceiling unchang... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038536   Crude oil down on weak Asian cues Continuing its slide, crude oil futures price today fell marginally by 0.28% to Rs 4,667 per barrel as speculators engaged in reducing their posi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038537   Oil searches for direction as OPEC ministers meet The price of oil is struggling for direction as OPEC ministers debate how much oil to produce while global economic growth is slowing. Benchmark ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038538   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here