Petro Daily Newsletter

Headline Scan Monday -- June 25, 2012 India working on insurance cover for oil imports from Iran India Must Cut Subsidies, Push Reforms to Defend Rupee Will Indian tankers lose Iranian cargo? Drivers upbeat as gas prices are down States Ask FM to Settle CST Issue before Demitting Office Oil companies' petrol margins increase Gas pricing key to D6 investment plan BPCL starts rupee payments for Iran oil - Sources POL imports from India: second round of talks next month ONGC valuations factor in lower crude prices Frequent cooking gas cylinder bursts raise alarm OVL listing Oil recycling company alleges politics behind people's protest Shell Ready to Drill all over Alaska 2,000 meters below sea level: Europe, U.S. lead in exploration technology Wah Seong a major oil and gas player in the making Almost 23% Of Gulf Of Mexico's Oil-And-Gas Output Cut By Storm Indo Pak talks on petroleum trade to hold next month Gov't expects P115B windfall from oil, gas fields Oil-hungry Bangladesh eyes domestic source See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India working on insurance cover for oil imports from Iran WSJ reported that India is speeding up efforts to ensure insurance cover for tankers which bring in crude oil from Iran about a week before the o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038682   India Must Cut Subsidies, Push Reforms to Defend Rupee New Delhi, The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlik... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038689   Will Indian tankers lose Iranian cargo? If Indian ships cannot get insurance to carry oil from Iran, let Iranian ships bring the oil to India. This appears to be the Petroleum Ministry'... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038681   Drivers upbeat as gas prices are down America isn't generating enough jobs, Europe is headed for recession, and China, the world's powerhouse economy, is starting to slow. At least th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038694   States Ask FM to Settle CST Issue before Demitting Office States have asked finance minister Pranab Mukherjee to resolve the contentious issue of compensation for reduction in central sales tax (CST) rat... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038678   Oil companies' petrol margins increase Oil companies' retail margin on petrol has increased to nearly Rs 5 per litre, as global prices continued to fall this fortnight as well. The nex... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038679   Gas pricing key to D6 investment plan Reliance Industries and its partners in the Krishna Godavari Basin D6 block fear that gas pricing could influence the future investments in the g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038680   BPCL starts rupee payments for Iran oil - Sources India's Bharat Petroleum Corp has made its first payment for Iranian oil in rupees becoming the first refiner to use a payment channel that skirt... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038683   POL imports from India: second round of talks next month Pakistan and India would hold second round of talks on possible import of various Petroleum, Oil and Lubricant (POL) products on July 12-13 in Ne... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038684   ONGC valuations factor in lower crude prices The Oil and Natural Gas Corp. Ltd (ONGC) stock has increased 15% to Rs. 279 per share in the last one month. In comparison, the benchmark Sensex ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038685   Frequent cooking gas cylinder bursts raise alarm Despite the disquieting frequency of accidents caused by cooking gas cylinder burst, consumers at large still seem to be unaware of simple safety... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038686   OVL listing New Delhi, State-owned Oil and Natural Gas Corporation Ltd (ONGC) is mulling listing its overseas investment arm ONGC Videsh Ltd (OVL) next year ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038687   Oil recycling company alleges politics behind people's protest THIRUVANANTHAPURAM: The Southern Refineries Limited, an oil recycling company which has been functioning for the past 20 years at Parassala, is f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038688   Shell Ready to Drill all over Alaska Within days, a new chapter in U.S. oil exploration could begin as Shell moves into the seas north of Alaska, seeking to tap into a potential 90 b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038690   2,000 meters below sea level: Europe, U.S. lead in exploration technology In January, construction was completed on the Hakurei, a state-of-the-art research vessel and the first commissioned by the Japanese government i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038691   Wah Seong a major oil and gas player in the making Outbidding other contenders for a substantial stake in Petra Energy Bhd, pipe-coating specialist Wah Seong Corp Bhd is set to emerge as the secon... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038692   Almost 23% Of Gulf Of Mexico's Oil-And-Gas Output Cut By Storm Because of Tropical Storm Debby in the Gulf of Mexico, about 22.7 percent of the gulf's current daily oil production and about 22.9 percent of it... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038693   Indo Pak talks on petroleum trade to hold next month ISLAMABAD: The second round of talks between the Ministries of Petroleum and Natural Resources of Pakistan and India would be held on 12 and 13 J... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038695   Gov't expects P115B windfall from oil, gas fields The government expects to receive between 2012 and 2015 a staggering P115 billion from upstream petroleum companies, representing the country's s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038696   Oil-hungry Bangladesh eyes domestic source A domestic oil supply could tame volatile prices and boost economic production by fueling a more robust power supply, experts say. Along the rive... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038697   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here