Petro Daily Newsletter

Headline Scan Tuesday -- July 10, 2012 Sovereign guarantee for ships can beef up crude imports from Iran Eight Indian firms in Fortune 500 list IOC, RIL lead the pack World oil prices rise before Norway lockout Sales tax officials attach 5 bank accounts of Essar Oil GAIL nears $12bn US gas deal Coal India looks to take over IOC's explosives arm to meet input needs ONGC in pact with Cairn India for North Tapti gas fields RIL starts gas supply to Bawana power project GSPL India Transco Ltd seals Rs 50.8 bn project financing ONGC starts release of gas For Palatana power project Singapore's Keppel invests in oil exploration firm Eight firms to bid for Afghan oil, gas exploration Gulf OPEC members oppose special meeting Platts: OPEC Crude Oil Production Dips to 31.72 Million Barrels Per Day Nigeria: FG, Oil Firm to Establish 2 Refineries Worth $4.5 Billion Thai refiner Bangchak eyes 80 million liters/month oil product imports Dhaka to Get Connected to TAPI Gas Pipeline Project Oil prices of Indian Basket declines Crude oil futures climb higher than $100 per barrel See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Sovereign guarantee for ships can beef up crude imports from Iran As European Union sanctions on Iran took effect on July 1, India's crude imports from the West Asian country are facing hardships. India in fact ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038926   Eight Indian firms in Fortune 500 list IOC, RIL lead the pack Eight Indian companies have made the cut in the list of the world's 500 largest companies compiled by Fortune magazine, with Indian Oil and Relia... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038932   World oil prices rise before Norway lockout LONDON: World oil prices advanced on Monday, rebounding from recent losses ahead of a looming lockout of Norwegian production. Brent North Sea cr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038939   Sales tax officials attach 5 bank accounts of Essar Oil The Gujarat government's sales tax department today attached five bank accounts of Essar Oil in Jamnagar district and recovered Rs 4 crore as par... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038924   GAIL nears $12bn US gas deal NEW DELHI: State-run gas utility GAIL is in the final stages of signing a 20-year deal for shipping two million tonnes of gas a year from a facil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038925   Coal India looks to take over IOC's explosives arm to meet input needs KOLKATA: Coal India (CIL) plans to take over Indian Oil Corporation's (IOC) explosives division and expand its capacity to meet the requirements ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038927   ONGC in pact with Cairn India for North Tapti gas fields New Delhi, The Oil and Natural Gas Corporation (ONGC) has entered into an agreement to use Cairn India's western offshore facilities to produce n... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038928   RIL starts gas supply to Bawana power project New Delhi, After months of delay, Reliance Industries today began supplying natural gas to Pragati Power Corp's Bawana power project, easing powe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038929   GSPL India Transco Ltd seals Rs 50.8 bn project financing SINGAPORE: GSPL India Transco Ltd has closed a Rs50.8bn (US$907m) 14-year loan to fund the construction of Mallavaram-Bhopal-Bhilwara-Vijaipur cr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038930   ONGC starts release of gas For Palatana power project ONGC today started releasing natural gas to the ONGC-Tripura Power Corporation (OTPC, paving the way for generation of power by a 726.6-MW gas-ba... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038931   Singapore's Keppel invests in oil exploration firm Singapore's Keppel Corp., the world's largest builder of offshore rigs, said on Monday it has invested $115 million in oil and gas exploration an... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038933   Eight firms to bid for Afghan oil, gas exploration Seven energy firms are likely to compete with Exxon Mobil Corp for the right to explore oil and gas blocks in northern Afghanistan, the country's... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038934   Gulf OPEC members oppose special meeting Gulf OPEC members, including Saudi Arabia, oppose a call for the Organization of the Petroleum Exporting Countries to hold an emergency meeting t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038935   Platts: OPEC Crude Oil Production Dips to 31.72 Million Barrels Per Day LONDON, The Organization of the Petroleum Exporting Countries' (OPEC) crude output dipped by 30,000 barrels per day (b/d) to 31.72 million b/d in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038936   Nigeria: FG, Oil Firm to Establish 2 Refineries Worth $4.5 Billion The Federal Government has signed a Memorandum of Understanding (MoU) with the Petroleum Refining and Strategic Reserve Limited (PRSR), a renowne... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038937   Thai refiner Bangchak eyes 80 million liters/month oil product imports Thai refiner Bangchak Petroleum will be importing around 80 million liters (an average 16,773 b/d) of oil products each month from Singapore for ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038938   Dhaka to Get Connected to TAPI Gas Pipeline Project Bangladesh is going to get connected to TAPI (Turkmenistan-Afghanistan-Pakistan-India) natural gas pipeline project for alternative supply for fo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038940   Oil prices of Indian Basket declines New Delhi, The international crude oil price for Indian Basket as computed/published on Monday by the Petroleum Planning and Analysis Cell (PPAC)... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038941   Crude oil futures climb higher than $100 per barrel Threats to production from the largest oil exporter in Western Europe pushed the price of crude oil futures on Monday past the threshold price of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038942   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here