Petro Daily Newsletter

Headline Scan Tuesday -- June 19, 2012 India seeks more liquid shale gas from US to bridge demand-supply gap CNG distribution networks in India to be expanded Oil embargo on Iran will not be postponed, says EU PSU oil companies forced to buy diesel from RIL, Essar at market rates Oil companies put off cut in petrol prices again ONGC, GAIL consortium no longer in race for Cove bid McNally Bharat gets pet coke handling deal for Bhatinda refinery Pushed to the wall, govt may raise diesel price in July ONGC chairman appreciative of MRPL phase III expansion efforts New technology a must for producing clean fuel ONGC and China National Petroleum to renew pact in exploration: Official RIL proposes to drill exploration well in D1, D3 gas fields Europe shale push shaken by Exxon's Poland pullout AIPAC slams Swiss on Iranian oil OPEC : The organization was hamstrung by events beyond its control Gazprom sees buyers for S. Stream gas despite cost Iraq picks Petrofac for $95 mln contract-source Chevron, Japan sign LNG agreement Bangladesh must upgrade its gas pipelines -Chevron See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India seeks more liquid shale gas from US to bridge demand-supply gap NEW DELHI: Energy-hungry India has asked the US to export more liquid shale gas to help bridge its yawning gap between supply and demand. Gas-sur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038576   CNG distribution networks in India to be expanded NEW DELHI: The steep increase in petrol prices has led to greater demand for compressed natural gas (CNG), which is much cheaper than the former,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038579   Oil embargo on Iran will not be postponed, says EU Michael Mann, spokesman for EU foreign policy chief Catherine Ashton, at a meeting with the media in Moscow on Monday morning over Iran's nuclear... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038585   PSU oil companies forced to buy diesel from RIL, Essar at market rates NEW DELHI: Private oil companies, which have been pushed out of the fuel retail market because of cheap sales by state-run rivals, are having the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038574   Oil companies put off cut in petrol prices again The wait over the much-anticipated cut in petrol prices by Rs. 2 a litre following the softening of global oil prices is only getting longer. Cit... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038575   ONGC, GAIL consortium no longer in race for Cove bid London: An Indian consortium said it was no longer considering making an offer for Britain's Cove Energy, confirming the battle for the Mozambiqu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038577   McNally Bharat gets pet coke handling deal for Bhatinda refinery KOLKATA, McNally Bharat Engineering Co Ltd will be responsible for operations and maintenance for petroleum coke handling system for Guru Govind ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038578   Pushed to the wall, govt may raise diesel price in July So what is Reserve Bank of India Governor D Subbarao's gentle reminder to the government on fiscal consolidation? If the central bank's statement... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038580   ONGC chairman appreciative of MRPL phase III expansion efforts MANGALORE: Sudhir Vasudeva, CMD, ONGC and chairman, Mangalore Refinery and Petrochemicals Ltd (MRPL) visited MRPL phase III project site on Satur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038581   New technology a must for producing clean fuel MUMBAI: It is not uncommon for Indian companies to encounter situations that require ingenious engineering combined with a uniquely Indian approa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038582   ONGC and China National Petroleum to renew pact in exploration: Official NEW DELHI: The Oil and Natural Gas Corp (ONGC) and China National Petroleum Corp (CNPC) will renew a co-operation pact in areas such as explorati... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038583   RIL proposes to drill exploration well in D1, D3 gas fields With natural gas output from its Krishna Godavari (KG) - D6 block dipping to all-time low, Reliance Industries has proposed to drill first explor... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038584   Europe shale push shaken by Exxon's Poland pullout WARSAW, Europe's most ambitious shale gas plans were in disarray on Monday after U.S. major ExxonMobil announced it would pull out of exploration... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038586   AIPAC slams Swiss on Iranian oil JERUSALEM, It's "incomprehensible" for the Swiss government to go against global trends in sidestepping sanctions targeting Iran's oil, a former ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038587   OPEC : The organization was hamstrung by events beyond its control The ability of the Organization of Petroleum Exporting Countries to influence the oil market was hamstrung last week by its inability to enforce ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038588   Gazprom sees buyers for S. Stream gas despite cost LONDON, Natural gas flowing through the South Stream pipeline from Russia to Europe will be more expensive than hub-traded gas but will win custo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038589   Iraq picks Petrofac for $95 mln contract-source Iraq has picked British oil services firm Petrofac for a $95 million contract to carry out maintenance work for its new offshore terminals and su... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038590   Chevron, Japan sign LNG agreement SAN RAMON, Calif., U.S. supermajor Chevron said Monday that its Australian subsidiary signed a liquefied natural gas deal with Tokyo Electric Pow... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038591   Bangladesh must upgrade its gas pipelines -Chevron DHAKA, Chevron Corp, which produces half the natural gas in Bangladesh, wants to step up operations but the government must upgrade the national ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038592   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here