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Tuesday, June 26, 2012

Petro Daily Newsletter

 
Headline ScanWednesday -- June 27, 2012
Oil, Gas Producers Look to Expand Arctic Exploration
Oman and Abu Dhabi join hands to develop refinery and petrochemicals complex in Dugm
Oil above $92 on Norway strike, awaits U.S. data
Petrol prices set for a Rs. 4 slash on July 1
Pipeline delay to hit Petronet's capacity usage
RIL demands higher gas price from 2014
Shimla gets LPG-based crematorium
State accounts for 7.5 per cent of multiple gas connections
Get Rs 2 lakh worth of petrol free with the new Mercedes-Benz E 200If you have about Rs 40 lakh rupees to spend on a luxury car, what do you do? Irrespective of whether you are looking for a sedan or
Why falling crude will help HPCL, BPCL but not RIL
Soon, two gas connections could land you in trouble
China's space exploration has various implications for Africa
Russian Novatek seeks gas assets in Asia and Africa
China's SDIC to invest $4.7 billion in shale gas, coal
EU confirms Iranian oil sanctions
Qatar plans power plant at UK South Hook LNG terminal
Brazil's Vale may keep natgas when it sells oil
World oil supply up but spare capacity tight - EIA
Lower oil price to pull down under-recoveries by 31%
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Oil, Gas Producers Look to Expand Arctic Exploration
TRONDHEIM, Norway—Two of the world's major oil and gas producing nations, bolstered by big Arctic discoveries in recent years, are looking to fur...
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Oman and Abu Dhabi join hands to develop refinery and petrochemicals complex in Dugm
Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC), owned by the Government of Abu Dhabi have formed a joint venture co...
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Oil above $92 on Norway strike, awaits U.S. data
NEW YORK, Brent oil futures rose above $92 a barrel o n T uesday, swelling the premium against U.S. crude as a strike by Norwegian oil workers th...
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Petrol prices set for a Rs. 4 slash on July 1

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Pipeline delay to hit Petronet's capacity usage
Petronet LNG Ltd, the country's biggest gas importer, will operate its upcoming five-million-tonne Kochi terminal at just 20 per cent of its capa...
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RIL demands higher gas price from 2014
Reliance Industries has demanded tripling of its KG-D6 gas price from April 1, 2014 after the current below-market rate of $4.205 per mmBtu expir...
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Shimla gets LPG-based crematorium
The Rotary Club in Shimla on Tuesday completed its project of the establishment of its LPG Cremation Plant. This plant was brought in order to pr...
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State accounts for 7.5 per cent of multiple gas connections
Karnataka accounts for 7.5 per cent of the 28,77,942 multiple LPG connections in the country, as identified by the three Oil Marketing Companies ...
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Get Rs 2 lakh worth of petrol free with the new Mercedes-Benz E 200If you have about Rs 40 lakh rupees to spend on a luxury car, what do you do? Irrespective of whether you are looking for a sedan or
If you have about Rs 40 lakh rupees to spend on a luxury car, what do you do? Irrespective of whether you are looking for a sedan or SUV, the com...
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Why falling crude will help HPCL, BPCL but not RIL
Oil stocks today ended in the green after an ICICI Securities report said the  decline in crude prices is helping ease the burden of selling...
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Soon, two gas connections could land you in trouble
In a bid to check pilferage of LPG cylinders, the authorities will conduct door-to-door inspection to crackdown on those with 'two gas connection...
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China's space exploration has various implications for Africa
When the spacecraft Shenzhou 9 blasted skywards last Saturday, millions of Chinese applauded yet another feat of the oriental nation's steady tec...
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Russian Novatek seeks gas assets in Asia and Africa
Russia's largest independent gas producer Novatek intends to buy assets in Africa and the Asia-Pacific region. Novotek company is primarily inter...
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China's SDIC to invest $4.7 billion in shale gas, coal
BEIJING: China's largest state-owned investment firm, the State Development and Investment Corp (SDIC), will invest 30 billion yuan ($4.71 billio...
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EU confirms Iranian oil sanctions
BRUSSELS, Contracts and insurance for Iranian oil will no longer be valid under terms of sanctions as of July 1, the European government said. Th...
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Qatar plans power plant at UK South Hook LNG terminal
Qatar Petroleum plans to build a 500 megawatt (MW) combined heat and power (CHP) plant at its South Hook liquefied natural gas import terminal in...
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Brazil's Vale may keep natgas when it sells oil
MOJU, Brazil, Vale, the world's second-largest mining company, may keep its natural gas exploration assets if it succeeds in selling its Brazilia...
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World oil supply up but spare capacity tight - EIA
World oil inventories have risen over the past two months, aided by increased output from Iraq and Libya, but spare production capacity remains t...
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Lower oil price to pull down under-recoveries by 31%
The sharp decline in crude oil prices has pulled down estimates of revenue losses or under-recoveries of oil companies by 31 per cent to Rs 1.52 ...
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