Petro Daily Newsletter

Headline Scan Thursday -- June 28, 2012 India to benefit from fall in oil prices: Economist group London:Oil majors seen boosting output by fifth by 2020 Blaze hits Dana Gas plant in Iraq Opportunities for MSME in Bhathinda Oil cos may cut petrol rates by Rs 4 a litre next month Fuel price reforms likely after presidential polls Centre to Ask States to Cut Jet Fuel Tax Prefer Gail India, says SP Tulsian Panna-Mukta and Tapti fields output hit 500 m barrel mark RIL Diesel Sales Surge As Consumer Demand for Subsided Fuel Rises Jordan Senate endorses gas exploration deal with BP India:Foreign E&P companies in exit mode Vietnam Oil Firm Protests Chinese Plans OPEC oil exports to fall in 4 weeks to July 7 Nigerian Oil Thieves Steal 150,000 Barrels Of Oil Daily Bangladesh sells naphtha at lowest rate this year New York:Study lists 7 uses for Sunoco's Marcus Hook refinery UK insolvency law seals fate of Coryton refinery India:Crude futures up at Rs 4,600 per barrel Oil tops $93 on Norway strike, drop in US crude stocks See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India to benefit from fall in oil prices: Economist group SINGAPORE: The fall in global crude oil prices will help Asian economies, especially India and Thailand the most, a Singapore based economic anal... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038743   London:Oil majors seen boosting output by fifth by 2020 Global oil majors will boost p roduction by 20 percent by 2020 after a decade of zero growth as they ramp up costly and high risk exploration, re... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038747   Blaze hits Dana Gas plant in Iraq Reuters reported that one person died and four were injured in an explosion at the Khor Mor liquefied petroleum gas plant in the Kurdistan region... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038751   Opportunities for MSME in Bhathinda The availability of petrochemical products at Panipat Indian Oil Unit and HMEL at Bhatinda may offer a investment opportunities for the small and... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038737   Oil cos may cut petrol rates by Rs 4 a litre next month Petrol price may be cut by as much as Rs 4 a litre from July 1 as international oil prices fell to their lowest level since December 2010. S... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038738   Fuel price reforms likely after presidential polls The government is working out a new package of reform-oriented measures to guide the oil sector out of the policy quagmire and whimsical fuel pri... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038739   Centre to Ask States to Cut Jet Fuel Tax The Centre is likely to ask states to lower tax on aviation fuel as a measure to discourage cashstrapped airlines from going in for cheaper impor... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038740   Prefer Gail India, says SP Tulsian Tulsian told CNBC-TV18, "The most preferred one will be the GAIL. I don't think that one can be take a call on the oil marketing companies inspit... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038741   Panna-Mukta and Tapti fields output hit 500 m barrel mark The Panna-Mukta and Tapti joint venture on Wednesday said it has achieved production of 500 million barrels of oil equivalent (mmboe) from the Pa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038742   RIL Diesel Sales Surge As Consumer Demand for Subsided Fuel Rises Mumbai:On the back of rising petrol rates and increase in demand for fuel from consumers all over the country, Mukesh Ambani-led Reliance Industr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038744   Jordan Senate endorses gas exploration deal with BP Jordan Times reported that the Senate endorsed the 2010 draft gas exploration agreement signed between the government, the National Petroleum Com... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038745   India:Foreign E&P companies in exit mode New Delhi: In yet another reflection of rapidly diminishing interest in the Indian hydrocarbon sector, prompted largely by the policy regime, for... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038746   Vietnam Oil Firm Protests Chinese Plans A spat between China and Vietnam over energy rights in the South China Sea intensified Wednesday as Vietnam's biggest company called on China to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038748   OPEC oil exports to fall in 4 weeks to July 7 Seaborne oil exports from Organization of the Petroleum Exporting Countries excluding Angola and Ecuador will fall by 20,000 barrels per day in t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038749   Nigerian Oil Thieves Steal 150,000 Barrels Of Oil Daily Criminal networks in Nigeria have been siphoning nearly 150,000 barrels of oil per day (bpd) from state and oil companies, said the Managing Dire... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038750   Bangladesh sells naphtha at lowest rate this year DHAKA-Bangladesh Petroleum Corporation will sell 170,000 barrels of naphtha to Singapore's Trafigura at discount of $1.40 a barrel to Singapore q... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038752   New York:Study lists 7 uses for Sunoco's Marcus Hook refinery An independent study released on Wednesday found the seven new uses for Sunoco Inc's shuttered Marcus Hook, Pennsylvania refinery, with the most ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038753   UK insolvency law seals fate of Coryton refinery When Petroplus went bankrupt early this year, many in the industry thought that at least the Coryton oil refinery in England, the most modern and... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038754   India:Crude futures up at Rs 4,600 per barrel New Delhi:  Crude oil futures prices rose 0.52 per cent to Rs 4,600 per barrel today as speculators enlarged their positions following a fir... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038755   Oil tops $93 on Norway strike, drop in US crude stocks Crude oil futures rose on W ednesday as tighter North Sea supplies and strong U.S. economic data outweighed concerns that the European debt crisi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038756   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here