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Tuesday, July 31, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- July 31, 2012
Diesel price hike hinges on monsoon
Oil pipeline crunch shifts US shale race from drillbits to valves
Chevron invests $500 mln to lift Bangladesh gas output
IOC safety clinics on LPG use to be held in city today
GAIL to commission Dabhol LNG terminal by November: Chairman
Sharad Yadav praises UPA minister Jaipal Reddy over OBC quota in allocations of petrol pumps
ONGC sitting on a pile of cash is a myth: Sudhir Vasudeva
US should ease rules for LNG exports, says GAIL
MRPL keen on stake in Haldia Petro: awaits offer from State
Thar Falcons to guard India's biggest oil fields at Barmer
India's BPCL cancels tender to buy LPG for Sep-Dec on lackluster response
Jiribam says no to oil exploration in Manipur
Russian co-owners vote against TNK-BP $1 billion dividend payout
Anadarko reports 2nd quarter loss, production sets a record
New York: Forest oil sales miss estimates on weak gas prices
Gazprom eyes shipping LNG to Vietnam-statement
Turkmenistan takes TAPI on the road
Chicago gasoline rallies on pipeline, refinery problems-TRADE
Crude oil gains on stimulus hopes
Oil rises for 5th day on Europe action hopes
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Diesel price hike hinges on monsoon
New Delhi: A weak monsoon is drying up UPA government's chance of raising retail price of diesel even though its key economic adviser is pushing ...
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Oil pipeline crunch shifts US shale race from drillbits to valves
HOUSTON, - The US shale oil revolution can't be stopped, but it could be delayed by a potential shortfall of 10-ton valves and giant pipeline pum...
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Chevron invests $500 mln to lift Bangladesh gas output
Chevron Corp will invest about $500 million to raise its natural gas production in Bangladesh by more than a quarter in 2014 to meet rising local...
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IOC safety clinics on LPG use to be held in city today
KOCHI: In the wake of the repeated incidents of cooking gas cylinder explosion in the city, Indian Oil Corporation, the leading liquefied petrole...
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GAIL to commission Dabhol LNG terminal by November: Chairman
NEW DELHI: State-run gas utility GAIL India Ltd will commission its LNG terminal in Dabhol, on the Indian west coast, in October or November, its...
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Sharad Yadav praises UPA minister Jaipal Reddy over OBC quota in allocations of petrol pumps
NEW DELHI: Janata Dal (United) president and NDA convener Sharad Yadav has complimented oil minister Jaipal Reddy for providing 27 per cent OBC r...
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ONGC sitting on a pile of cash is a myth: Sudhir Vasudeva
Despite stagnant domestic production and challenging geopolitics, Oil and Natural Gas Corp has a plan to produce 130 million tonnes (mt) oil equi...
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US should ease rules for LNG exports, says GAIL
NEW DELHI: Close on the heels of sewing nation's first gas import deal from the US, state gas utility GAIL India today said Washington should rel...
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MRPL keen on stake in Haldia Petro: awaits offer from State
ONGC subsidiary-Mangalore Refinery and Petrochemicals (MRPL), which wants to buy a stake in Haldia Petrochemicals has shifted the onus on the Ben...
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Thar Falcons to guard India's biggest oil fields at Barmer
LUCKNOW: Following terror alerts at Cairn India's Rajasthan-based Barmer oil field, the government has deployed Thar Falcons, specially trained c...
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India's BPCL cancels tender to buy LPG for Sep-Dec on lackluster response
Singapore, India's Bharat Petroleum Corp Ltd., or BPCL, canceled a tender Friday to buy mixed refrigerated LPG on tepid response, a Mumbai-based sourc...
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Jiribam says no to oil exploration in Manipur
Jiribam, People of Jiribam today expressed stiff opposition to the proposed oil exploration in Manipur in a public hearing held here at Jiribam T...
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Russian co-owners vote against TNK-BP $1 billion dividend payout
MOSCOW: The directors of a consortium of billionaires who co-own TNK-BP have voted against a proposal for the company to pay $1 billion in 2012 d...
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Anadarko reports 2nd quarter loss, production sets a record
 Anadarko Petroleum Corp reported a net loss in the second quarter on asset impairments, even as oil and gas output rose 8 percent to a reco...
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New York: Forest oil sales miss estimates on weak gas prices
Natural gas-focused producer Forest Oil Corp's quarterly sales missed market expectations as gas prices remained weak and a fire at a facility hi...
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Gazprom eyes shipping LNG to Vietnam-statement
Russian state-run gas monopoly Gazprom said on Monday it agreed with the Vietnamese state oil group Petrovietnam on potential supplies of liquefi...
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Turkmenistan takes TAPI on the road
ASHGABAT, Turkmenistan,  -- Turkmenistan will present the economic prospects of a planned natural gas pipeline to India in a road show throu...
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Chicago gasoline rallies on pipeline, refinery problems-TRADE
Cash CBOB gasoline in Chicago rallied by 12.00 cents a gallon to 22.00 cents over August RBOB futures on the shutdown of a major crude pipeline a...
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Crude oil gains on stimulus hopes
KOCHI: Oil traded near the highest level in a week in New York on speculation US and European policy makers will act to boost growth and concern ...
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Oil rises for 5th day on Europe action hopes
BANGKOK - Oil prices rose for a fifth day ahead of a meeting Monday between the U.S. Treasury Secretary and top European finance officials as exp...
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