Petro Daily Newsletter

Headline Scan Monday -- July 30, 2012 NRL to go public within 4 years States affected by deficient rains to get diesel subsidy Iran joins world crude tanker producers On diesel, bite dual-pricing bullet IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr Profit sharing faces cull in shale Bihar government to write letters to oil companies Erratic rains bleed oil firms Turkmenistan to Hold Road Shows for TAPI Petronet in talks for Rs 3,000 cr power plant at Kochi Reliance puts on hold investments in exploration as Govt delays approvals China-Canada oil deal raises hackles in US Sri Lanka's only oil refinery closed for renovation and maintenance China Disinterested in Western Sanctions on Iran Pakistan may lose its share of foreign investment in E&P sector Abu Dhabi in frame for Total pipeline Crude steadies above $90 on U.S. stimulus hopes, euro See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   NRL to go public within 4 years Numaligarh Refinery Limited (NRL) will borrow money from the market through an initial public offering (IPO) to fund its new expansion project that... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039236   States affected by deficient rains to get diesel subsidy At a time when the government is trying to build a consensus on the decontrol of diesel prices, subsidy towards the fuel will rise, thanks to defic... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039240   Iran joins world crude tanker producers Iran Daily reported that Iran joined the world club of oil tanker producers after launching its first domestically made 113,000 tonne Aframax oil t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039245   On diesel, bite dual-pricing bullet Even as diesel de-regulation faces hurdles, the industry body, Confederation of Indian Industry (CII), will ask the government to "bite the bullet"... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039234   IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr Indian Oil Corporation (IOC) will set up its first refinery outside India with an investment of up to Rs 20,000 crore in Sri Lanka. It will thu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039235   Profit sharing faces cull in shale New Delhi, : The Directorate General of Hydrocarbons (DGH) — the upstream regulator — has suggested royalty and production-linked payments to the g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039237   Bihar government to write letters to oil companies Patna: Bihar government would write letters to various oil marketing companies and the petroleum ministry, seeking to know the reasons behind the r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039238   Erratic rains bleed oil firms Erratic rains this year have played spoilsport for the oil marketing companies, which have seen an unusual demand for diesel in June. At the govern... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039239   Turkmenistan to Hold Road Shows for TAPI ASHGABAT, Turkmenistan — Turkmenistan, holder of the world's fourth-largest natural gas reserves, said Saturday it would hold road shows in Sep... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039241   Petronet in talks for Rs 3,000 cr power plant at Kochi Petronet LNG Ltd, the nation's largest natural gas importer, is in talks to set up a Rs 3,500-crore power plant adjacent to its upcoming LNG import... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039242   Reliance puts on hold investments in exploration as Govt delays approvals The oil and gas exploration & production group of Reliance Industries is in a fix. Delays relating to uncertainty on Government approvals for i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039243   China-Canada oil deal raises hackles in US The US government should block a bid by China's state oil company CNOOC for Canadian oil company Nexen until China's government provides fair acces... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039244   Sri Lanka's only oil refinery closed for renovation and maintenance Colombo: Sri Lanka's only oil refinery in Sapugaskanda has closed down for renovation and routine maintenance work which is carried out every two y... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039246   China Disinterested in Western Sanctions on Iran Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039247   Pakistan may lose its share of foreign investment in E&P sector KARACHI: The delay in the announcement of Petroleum Policy 2012 is going to cost the country large-scale foreign investment, as the international e... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039248   Abu Dhabi in frame for Total pipeline French oil and gas group Total is preparing to sell its gas pipeline unit TIGF in a bid to help fund expansion in the more lucrative exploration an... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039250   Crude steadies above $90 on U.S. stimulus hopes, euro Crude prices steadied above $90 a barrel on Monday, as hopes for more stimulus from the United States balanced pressure from the lingering euro deb... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039251   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here