Petro Daily Newsletter

Headline Scan Thursday -- July 12, 2012 Oil demand growth slowing: Opec Chevron sees stronger refining, marketing results Enbridge to shut Line 5 crude pipeline next week Mauritius seeks clarity from ONGC subsidiary MRPL on US sanctions ONGC Videsh led Indian consortium to raise its investment in Venezuela to US$ 3 billion Downgrade sword hangs, diesel prices may rise Rs 5/l Empowered panel of secretaries to study pricing of coal gas produced by Essar Oil and Reliance Industries GSPC to buy from East India Co Reliance Industries holds roadshow in Singapore for $1.5 bn loan RGTIL applies to lay new MP-UP pipeline Gujarat Gas Company Ltd receives approval for Hazira - Ankleshwar Pipeline Philippines to bid out three South China Sea blocs Brazil regulator says gas seen in all Sao Francisco Basin wells Iraq Crude Production Overtakes Iran As OPEC Trims Output Kazakhstan and Belarus to agree on crude and petroleum products exports US Cash Products-Chicago diesel gains on demand, refinery work NIGERIA : NNPC urges host communities to protect oil pipelines Gulf GDP to widen 5.8% despite slump in oil prices See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil demand growth slowing: Opec VIENNA – World oil demand growth will slow in 2013 from the already weak 2012, the Organization of the Petroleum Exporting Countries (Opec), said... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038971   Chevron sees stronger refining, marketing results Chevron Corp. said it expects its second-quarter earnings to rise from the first quarter boosted by strong profits in its refining arm, even as i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038974   Enbridge to shut Line 5 crude pipeline next week Enbridge Inc will shut a major crude oil pipeline in the upper U.S. Midwest for three days next week to conduct a hydrotest, a market source who ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038975   Mauritius seeks clarity from ONGC subsidiary MRPL on US sanctions NEW DELHI: Mauritius has asked Mangalore Refinery and Petrochemicals to produce an undertaking that its shipments will not be affected by the US ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038961   ONGC Videsh led Indian consortium to raise its investment in Venezuela to US$ 3 billion Shri Jyotiraditya M. Scindia, Minister of State for Commerce and Industry, has conveyed to the Venezuelan leaders India's desire to deepen and di... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038962   Downgrade sword hangs, diesel prices may rise Rs 5/l Keen to prevent a downgrade of India's sovereign rating by Standard & Poor's (S&P), which could trigger an exodus of foreign investors, P... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038963   Empowered panel of secretaries to study pricing of coal gas produced by Essar Oil and Reliance Industries NEW DELHI: The oil ministry has forwarded the contentious issue of pricing methane gas produced from coal seams by Essar Oil and Reliance Industr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038964   GSPC to buy from East India Co Gandhinagar/Ahmedabad: In a sort of role reversal, a public sector company is all set to buy stake of a multi-national private sector company. Th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038965   Reliance Industries holds roadshow in Singapore for $1.5 bn loan MUMBAI: Reliance Industries on Wednesday held the first leg of a road-show in Singapore to raise USD 1.5-billion foreign loans to fund the expans... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038966   RGTIL applies to lay new MP-UP pipeline Amidst buzz of a possible cancellation of its earlier gas pipelines' authorisation, Reliance Gas Transportation Infrastructure Ltd is keen to bui... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038967   Gujarat Gas Company Ltd receives approval for Hazira - Ankleshwar Pipeline Gujarat Gas Company Ltd has received authorisation for its Hazira - Ankleshwar natural gas pipeline from the Petroleum and Natural Gas Regulatory... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038968   Philippines to bid out three South China Sea blocs The Philippines will bid out oil exploration contracts in the South China Sea despite recent tensions with China over conflicting territorial cla... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038969   Brazil regulator says gas seen in all Sao Francisco Basin wells BRASILIA, Oil companies are finding signs of natural gas in all the wells drilled in Brazil's Sao Francisco Basin, an onshore petroleum frontier ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038970   Iraq Crude Production Overtakes Iran As OPEC Trims Output Iraq's crude production overtook Iran's last month for the first time in more than two decades as Iran led a decline in OPEC output ahead of a Eu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038972   Kazakhstan and Belarus to agree on crude and petroleum products exports Kazakhstan and Belarus are drafting an intergovernmental agreement on crude and petroleum products exports to Belarus, Belarus' belta.by reports.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038973   US Cash Products-Chicago diesel gains on demand, refinery work HOUSTON, Chicago ultra-low sulfur diesel differentials rose on Wednesday, buoyed by strong demand and talk of planned refinery work in the region... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038976   NIGERIA : NNPC urges host communities to protect oil pipelines The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Andrew Yakubu, has appealed to communities  hosting  ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038977   Gulf GDP to widen 5.8% despite slump in oil prices Notwithstanding the decline in oil prices, the combined GDP of the six-nation Gulf Cooperation Council (GCC) is projected to expand by 5.8% to pe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038978   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here