Petro Daily Newsletter

Headline Scan Thursday -- July 26, 2012 Oil companies tweak fuel prices around surcharge India's energy consumption to double by 2031: Study Crude truths about oil prices Domestic oil & gas companies feel the pressure Petroleum and natural gas regulator moves SC against Indraprastha gas Oil marketing shares down as hopes of price hike recede Allocate gas to A'bad under APM: Guj HC Auto fuel prices dip in Karnataka after state specific revision in prices Government should allow competition in fuel retailing and benchmark diesel prices All cars in Gujarat to switch to gas within a year: High Court CCEA to decide on coal bed methane pricing in a month Shell ups China presence with CNOOC tie-up Australia's APA raises bid for Hastings to $1.4 billion Precision Drilling profit rises, cuts capex PetroChina gains drilling rights off Qatar's shore Caltex Australia to close 124,500 bpd Kurnell refinery Crude stocks and oil products rise: EIA US: Profit taking hits natural gas Spain still imports Argentine biodiesel: Oil World See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil companies tweak fuel prices around surcharge Fuel prices across the board have been revised after state-owned oil companies re-calibrated the surcharge paid towards state levies such as entr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039181   India's energy consumption to double by 2031: Study New Delhi: Energy consumption in India is likely to double to 1,124 kgs of oil equivalent (kgoe) by 2031-32 on the back of high economic expansio... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039185   Crude truths about oil prices The year 2008 is remembered as the crisis year that saw Fannie Mae and Freddie Mac go down, followed by Lehman Brothers and a host of others. The... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039186   Domestic oil & gas companies feel the pressure Domestic oil and gas explorers, including ONGC, Cairn, and Reliance Industries, are under pressure as the domestic natural gas output dipped by 1... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039180   Petroleum and natural gas regulator moves SC against Indraprastha gas PNGRB (petroleum and natural gas regulator) has moved Supreme Court against Indraprastha gas ltd. (IGL), challenging the earlier high court order... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039182   Oil marketing shares down as hopes of price hike recede Shares of public sector oil marketing companies were down around 1 percent on receding expectations of a diesel price increase. Hindustan Petrole... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039183   Allocate gas to A'bad under APM: Guj HC The Gujarat High Court on Wednesday directed the Central government to allocate natural gas to Ahmedabad city under APM (administered price mecha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039184   Auto fuel prices dip in Karnataka after state specific revision in prices MANGALORE: Truckers in this coastal city heading for Kerala in general and across the state heading for neighbouring states in particular have a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039187   Government should allow competition in fuel retailing and benchmark diesel prices Before the sharp rise of petrol price of Rs 7.5 per litre, state-run Oil Marketing Companies (OMCs) were complaining that they wer... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039188   All cars in Gujarat to switch to gas within a year: High Court AHMEDABAD: In an order which would impact lakhs of people owning cars, the Gujarat high court on Wednesday directed the state government to pass ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039189   CCEA to decide on coal bed methane pricing in a month The Petroleum Ministry will seek the Cabinet Committee on Economic Affairs' (CCEA) nod 'within a month' for pricing of gas produced from coal sea... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039190   Shell ups China presence with CNOOC tie-up Oil major Shell sealed an exploration tie-up with China's state-run oil firm CNOOC on Wednesday in a move which will help secure longer term grow... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039191   Australia's APA raises bid for Hastings to $1.4 billion Australian gas distributor APA Group said it is raising its hostile bid for rival Hastings Diversified Utilities Fund by 21 percent to A$1.33 bil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039192   Precision Drilling profit rises, cuts capex Precision Drilling Corp, Canada's largest oil and gas drilling contractor, reported an 11 percent rise in quarterly profit on higher rates but cu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039193   PetroChina gains drilling rights off Qatar's shore DUBAI, United Arab Emirates, Qatar's state oil company says it has signed a deal that gives China's biggest oil and gas company a 40 percent stak... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039194   Caltex Australia to close 124,500 bpd Kurnell refinery Oil refiner Caltex Australia announced on Thursday it will close its loss-making 124,500 barrel-per-day Kurnell oil refinery in Sydney after a ye... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039195   Crude stocks and oil products rise: EIA Crude oil stockpiles rose last week as crude imports increased and petroleum product stocks also rose as refineries boosted their processing rate... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039196   US: Profit taking hits natural gas Forexpros - Natural gas futures sharply lower,  for the first time in six days,  Wednesday, as investors sold positions to lock in gain... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039197   Spain still imports Argentine biodiesel: Oil World Spain is still importing Argentine biodiesel despite import curbs announced in April on supplies from Argentina in the dispute between the two co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039198   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here