Petro Daily Newsletter

Headline Scan Friday -- July 13, 2012 Asia Naphtha-India BPCL's sale premium jumps 85 pct BPCL, Videocon find oil off Brazil Coast US trade gap shrinks in May on lower oil prices Government may raise diesel, cooking gas and kerosene prices after presidential polls High-powered panel to decide on RIL plea for higher gas price ONGC to spend Rs20,000 crore on Mumbai High ONGC Won't Lend Terminal To aerodrome Gujarat Gas Company Ltd to announce Q2 results on July 26, 2012 Bharat Petroleum to Form JV With LG Chem CMC appoints Ashok Sinha, former CMD, BPCL as Independent director TN PCPIR to create 7.5 lakh jobs in Cuddalore region: Ministry Iran oil deposits in Caspian Sea worth over USD 50 billion Bulgaria picks Total for deepwater gas drilling U.S., Canada among oil leaders, OPEC says Door still open for Shell to raise bid for Cove EU shale gas depends on better fracking process-BG Pakistan: OGRA proposes increasing POL prices by Rs 5.64 per litre PM forms committee to prepare proposals for LNG, LPG import See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Asia Naphtha-India BPCL's sale premium jumps 85 pct India's Bharat Petroleum Corp Ltd (BPCL) sold an August naphtha cargo from Kochi to Cargill at about $26 a tonne above Middle East quotes, an 85 ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038982   BPCL, Videocon find oil off Brazil Coast IBV Brasil Petroleo Ltda., an equal joint venture of Bharat Petroleum and Videocon Industries has struck oil off the Brazilian coast, the compani... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038985   US trade gap shrinks in May on lower oil prices Lower oil prices helped to shrink the US trade deficit in May amid weak growth in the world's largest economy and a global slowdown, government d... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038992   Government may raise diesel, cooking gas and kerosene prices after presidential polls NEW DELHI: The government plans to raise diesel, cooking gas and kerosene prices after the presidential polls but petrol will remain stable this ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038979   High-powered panel to decide on RIL plea for higher gas price NEW DELHI: Reliance Industries' demand for tripling of KG-D6 gas price from April 1, 2014, will be referred to a high-powered ministerial panel f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038980   ONGC to spend Rs20,000 crore on Mumbai High Oil and Natural Gas Corporation (ONGC) plans to invest up to Rs20,000 crore in the third phase of Mumbai High redevelopment. The investment, to b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038981   ONGC Won't Lend Terminal To aerodrome The Oil and Natural Gas Corporation (ONGC) has refused to share its terminal with Juhu aerodrome, citing "infrastructural constraints". The Airpo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038983   Gujarat Gas Company Ltd to announce Q2 results on July 26, 2012 A meeting of the Board of Directors of Gujarat Gas Company Ltd will be held on July 26, 2012, to approve the unaudited financial results of the C... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038984   Bharat Petroleum to Form JV With LG Chem Mumbai – Bharat Petroleum Corp. Ltd. on Thursday said it has signed a joint venture pact with South Korea's LG Chem Ltd. to set up a petrochemica... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038986   CMC appoints Ashok Sinha, former CMD, BPCL as Independent director CMC Limited, a subsidiary of Tata Consultancy Services Limited, announced that the Company's Board of Directors has appointed Ashok Sinha as Inde... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038987   TN PCPIR to create 7.5 lakh jobs in Cuddalore region: Ministry The Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) proposed to be set up in Cuddalore and Nagapattinam districts in Tamil Nadu ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038988   Iran oil deposits in Caspian Sea worth over USD 50 billion MNA reported that the in situ reserves of crude oil in Iran's Sardar Jangal gas field located under Caspian Sea are worth over USD 50 billion. Mr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038989   Bulgaria picks Total for deepwater gas drilling Bulgaria has chosen French oil major Total to carry out exploration works at a deepwater gas field off the country's Black Sea coast, near a site... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038990   U.S., Canada among oil leaders, OPEC says VIENNA, Oil supplies from North America are expected to contribute to significant gains in global oil supplies in 2013, the OPEC oil cartel said ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038991   Door still open for Shell to raise bid for Cove Oil major Shell extended for a fourth time the deadline for Cove shareholders to accept its $1.8 billion offer, continuing to leave the door open... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038993   EU shale gas depends on better fracking process-BG OXFORD, Success for shale gas extraction in Europe will hinge on developing more efficient techniques and a more targeted approach to fracking, A... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038994   Pakistan: OGRA proposes increasing POL prices by Rs 5.64 per litre ISLAMABAD: The Oil Gas Regulatory Authority (OGRA) on Thursday proposed to increase the Petroleum, Oil and Lubricant (POL) products by Rs 5.64 pe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038995   PM forms committee to prepare proposals for LNG, LPG import ISLAMABAD: Prime Minister Raja Pervez Ashraf on Thursday constituted a committee to prepare a self-contained working paper within two days sugges... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000038996   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here