Petro Daily Newsletter

Headline Scan Wednesday -- July 18, 2012 BPCL issues first vacuum gasoil import tender Vietnam gas offer to India may rile China Saudi oil revenue rises 48% Shell will produce more gas than oil in 2012 KSA, UAE open oil pipelines bypassing Hormuz Strait PetroChina eyes West African debut through stake in African Petroleum Philippines:Three oil firms increase petroleum product prices Nigeria turns to Niger for fuel Iran's oil revenues rose 59% in 2011, OPEC says OPEC reports 1.6% drop in Venezuelan oil drilling ONGC to invite gas sale bids from three more fields in Gujarat Jaipal Puts Riders for Quick Approvals to RIL Projects RIL in talks to sell Iraq assets to Chevron CNG losing out to diesel in Delhi BG Group wants Gujarat Gas deal sealed Central UP Gas Planning A Stake Sale To Indraprastha Gas Deregulating diesel prices will prop up the finances Numaligarh refinery to exit retail marketing See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   BPCL issues first vacuum gasoil import tender Singapore/New Delhi: Bharat Petroleum Corp Ltd has issued an import tender to buy vacuum gasoil (VGO) for the first time, a company source said o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039055   Vietnam gas offer to India may rile China New Delhi: Vietnam has offered to extend India's contract for a gas block in the South China Sea for two more years, raising the prospect of Indi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039056   Saudi oil revenue rises 48% VIENNA – Saudi Arabia's revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes increased ov... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039071   Shell will produce more gas than oil in 2012 Royal Dutch Shell Plc expects to produce more gas than oil for the first time in 2012, as the company aims to have cleaner-burning natural gas pl... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039070   KSA, UAE open oil pipelines bypassing Hormuz Strait DUBAI – Saudi Arabia and the United Arab Emirates have opened new pipelines bypassing the Strait of Hormuz in order to secure exports following I... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039069   PetroChina eyes West African debut through stake in African Petroleum Chinese state-owned PetroChina is looking to take a 20% stake in Australian-listed African Petroleum Corp. in a multi-million dollar deal that wo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039068   Philippines:Three oil firms increase petroleum product prices MANILA — Three oil companies raised prices of petroleum products Tuesday, the second increase this month, allegedly to reflect prices of crude oi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039067   Nigeria turns to Niger for fuel Niger Republic have found new buyers for its refined petroleum products in Nigeria, as Fuel marketers from Katsina have begun importing refined p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039066   Iran's oil revenues rose 59% in 2011, OPEC says Iran's revenues from export of crude and oil products jumped 59 percent in 2011, despite a mounting pressure on the country by Western sanctions,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039065   OPEC reports 1.6% drop in Venezuelan oil drilling Venezuelan crude oil output slid  by 1.6% in June 2012, in contrast with June 2011, the Organization of Exporting Petroleum Countries (OPEC)... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039064   ONGC to invite gas sale bids from three more fields in Gujarat AHMEDABAD: ONGC will begin inviting gas sale bids from three more of its marginal fields, called the Ankleshwar asset, in Gujarat, to the private... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039063   Jaipal Puts Riders for Quick Approvals to RIL Projects Oil minister Jaipal Reddy gave a new twist to his rocky relationship with Mukesh Ambani's Reliance Industries as he promised quick approvals to p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039062   RIL in talks to sell Iraq assets to Chevron Reliance Industries (RIL) is in talks with Chevron Corp, the US oil behemoth, to sell its assets in war-ravaged Iraq at a valuation of close to $... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039061   CNG losing out to diesel in Delhi NEW DELHI: Diesel's gain is CNG's loss in the capital, spelling bad news for the city's air. Dealers are reporting a 60%-80 % drop in sales of CN... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039060   BG Group wants Gujarat Gas deal sealed Gandhinagar:The BG Group said on Monday that the process to divest its 65.12% stake in Gujarat Gas Company Limited is going on and it is looking ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039059   Central UP Gas Planning A Stake Sale To Indraprastha Gas Indraprastha Gas Limited is planning to acquire a majority stake in Central UP Gas Limited (CUGL). Currently GAIL and BPCL hold 25% each in CUGL ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039058   Deregulating diesel prices will prop up the finances Due to the policy of administered pricing of petrol, diesel, LPG and kerosene, the under recoveries on account of the subsidised petroleum for 20... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039057   Numaligarh refinery to exit retail marketing With losses from its retail business mounting gradually, which was affecting the company's bottom-line every year, Assam based Numaligarh Refiner... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039054   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here