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Monday, July 2, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- July 02, 2012
US may be India's future gas source
Oil companies like IOC, Hindustan Petroleum, Bharat Petroleum cut jet fuel prices by 2%
Iran wants urgent OPEC meet as oil prices drop
Coal bed methane gas pricing issue hangs in limbo
GSPL-led JVs tie up Rs13,704-cr for 3 cross-country gas pipeline projects news
Panna-Mukta and Tapti fields reach production milestone of 500 million barrels of oil equivalent
Diesel, LPG price hike likely after prez poll
Indian Oil team inspects fuel tank
Eye on fuel subsidy cut, govt puts off OIL stake sale
Foreign partner likely for ONGC's ultra deep gas find
Niko expects new plan to help double KG-D6 reserves
Oil rushed in heavy trading, posts fourth biggest daily gain on record
Keystone XL pipeline expansion driven by oil-rich tar sands in Alberta
Iran in talks to increase gas exports - NIOC
Gazprom targets Asian liquefied gas market
Russia's Bashneft wins energy deal in Iraq
US grants China last-minute Iran deal
Crude retreats amid profit taking after soaring on E.U. summit
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
US may be India's future gas source
Gas-abundant US could emerge as the future supply source for energy-starved India. With the crash in US gas prices, a dozen of gas importing term...
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Oil companies like IOC, Hindustan Petroleum, Bharat Petroleum cut jet fuel prices by 2%
NEW DELHI: In the second major relief to cash-strapped airlines this month, jet fuel (ATF) prices were today cut by about 2 per cent. The price o...
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Iran wants urgent OPEC meet as oil prices drop
Iranian oil minister Rostam Qasemi urged OPEC's secretary general to call for an extraordinary meeting amid falling oil prices, Iranian oil minis...
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Coal bed methane gas pricing issue hangs in limbo
NEW DELHI, The pricing of gas produced from coal bed methane (CBM) blocks by explorers such as Essar Oil and Reliance Industries Ltd continues to...
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GSPL-led JVs tie up Rs13,704-cr for 3 cross-country gas pipeline projects news
Gujarat State Petronet Ltd (GSPL) and its joint venture partners have successfully raised RsRs9,596 crore from two consortia of banks for three p...
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Panna-Mukta and Tapti fields reach production milestone of 500 million barrels of oil equivalent
MUMBAI: The Panna-Mukta-Tapti fields in the western offshore that accounts for approximately 6.5% of India's domestic oil and gas production has ...
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Diesel, LPG price hike likely after prez poll
Be ready to shell out more for cooking gas and diesel as the government is contemplating pruning oil subsidy soon after the July 19 Presidential ...
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Indian Oil team inspects fuel tank
ALLAHABAD: After receiving reports of underweighing of diesel and adulteration in oil tankers supplying fuel at UPSRTC bus depot in Rajapur, a te...
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Eye on fuel subsidy cut, govt puts off OIL stake sale
In an indication that the government may finally be gearing up to plug oil subsidy, the department of disinvestment is learnt to have kept a prop...
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Foreign partner likely for ONGC's ultra deep gas find
ONGC's East Coast discovery UD-1 is the deepest gas discovery ever made in the country. ONGC estimates it may hold 4.257 tcf of in-place gas rese...
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Niko expects new plan to help double KG-D6 reserves
Niko Resources, the Canadian partner of Reliance Industries in the Krishna-Godavari D6 block, expects reserves from the block to more than double...
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Oil rushed in heavy trading, posts fourth biggest daily gain on record
New York: Oil surged on Friday in heavy trading to the fourth biggest daily gain on record, as a deal by European leaders to shore up euro zone b...
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Keystone XL pipeline expansion driven by oil-rich tar sands in Alberta
McMURRAY, Alberta — Repairman Shawn Flett stood 30 feet above the ground on the deck of a truck the size of a house. He had just waved it gingerl...
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Iran in talks to increase gas exports - NIOC
Iran is looking to export more gas to India and Pakistan to make up for a fall in crude exports. Mr Mohammad Ali Emadi NIOC's MD for research and...
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Gazprom targets Asian liquefied gas market
Moscow, Russian energy giant Gazprom plans to become a dominant presence on the liquefied natural gas market by targeting booming demand in Asia,...
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Russia's Bashneft wins energy deal in Iraq
Baghdad, Iraq has awarded Russian oil giant Bashneft rights to explore for oil in the south of the country after nearly one month of negotiations...
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US grants China last-minute Iran deal
The Obama administration has granted a last-minute exemption from its Iran-related sanctions to China, the biggest purchaser of Iranian crude, an...
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Crude retreats amid profit taking after soaring on E.U. summit
Crude oil futures erased last week's meteoric gains posted on news that European leaders were taking greater strides to battle their debt crisis....
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