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Tuesday, July 31, 2012

Petro Daily Newsletter

 
Headline ScanWednesday -- August 01, 2012
Permission for ships with Iranian crude on case-by-case basis: India
AI's Rs 2,000-cr dues worry OMCs
India 4th largest oil and gas consumer: Govt
Supreme Court approves dismantling of Exxon Valdez at Alang news
Now China may play spoiler to TAPI
Petronet LNG Q1 net rises 5% to Rs 270 cr
Petronet's focus is short term LNG deals for now
Oil companies flayed for hike in petrol price hike
Lanka denies refinery deal with Indian Oil
CPCL Q1 loss at Rs.969 crore
Respond strongly to India's move in South China Sea'
IOC withdraws 2,500 LPG cylinders from market
Public hearing held without any public representatives
India plans shale gas blocks auction by 2013 end
Philippines gets 4 bids for disputed S.China Sea oil, gas blocks
Bangladesh discovers new gas reserves
Barack Obama tightens sanctions on banks helping Iran sell oil
US congressional negotiators reach deal on new Iran sanctions
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Permission for ships with Iranian crude on case-by-case basis: India
NEW DELHI: Government today said permission for ships carrying Iranian crude oil here are being granted on a case-by-case basis on the request of...
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AI's Rs 2,000-cr dues worry OMCs
National carrier Air India owes about Rs 2,000 crore in jet fuel dues to state-run oil marketing companies without even bank guarantees. While Ai...
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India 4th largest oil and gas consumer: Govt
New Delhi, India is fourth largest oil and gas consumer in the world after USA. China and Japan, said the Ministry of Petroleum & Natural Gas...
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Supreme Court approves dismantling of Exxon Valdez at Alang news
The Supreme Court (SC) yesterdayapproved dismantling the massive crude oil tanker Exxon Valdez that led to one of the worst-ever oil spills in Al...
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Now China may play spoiler to TAPI
The US- and ADB-sponsored Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project is as much about the political stability of Afghani...
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Petronet LNG Q1 net rises 5% to Rs 270 cr
NEW DELHI, Liquefied natural gas importer Petronet LNG Ltd today reported 5 per cent increase in its June quarter net profit as rise in margins m...
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Petronet's focus is short term LNG deals for now
NEW DELHI,  Petronet LNG Ltd , India's biggest gas importer, plans to initially operate its Kochi regasification plant with spot or short-te...
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Oil companies flayed for hike in petrol price hike
Patna, Bihar today accused oil companies for increasing the prices of petrol products without consulting the state government on irrecoverable ta...
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Lanka denies refinery deal with Indian Oil
Colombo: Sri Lanka has no plans to enter into a deal with Indian Oil Company for building a second refinery, a senior official said here Tuesday....
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CPCL Q1 loss at Rs.969 crore
Chennai Petroleum Corporation (CPCL) incurred a loss of Rs.968.89 crore in the quarter ended June 30, 2012, against a loss of Rs.55.12 crore in t...
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Respond strongly to India's move in South China Sea'
Beijing, China should give a "strong response" to India and Vietnam if they continue their joint oil and gas exploration in the South China Sea, ...
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IOC withdraws 2,500 LPG cylinders from market
The Indian Oil Corporation (IOC) which manages the Indane gas agency, withdrew nearly 2,500 LPG cylinders which were found to be defective or had...
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Public hearing held without any public representatives
Jiri, Manipur Pollution Control Board conducted public hearing on Petroleum exploration in Manipur at Town Hall, Jiribam today without any repres...
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India plans shale gas blocks auction by 2013 end
New Delhi: India plans to launch its first auction of shale gas block by 2013-end on terms that are likely to be remarkably different from those ...
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Philippines gets 4 bids for disputed S.China Sea oil, gas blocks
MANILA - The Philippines accepted on Tuesday four bids for three oil and gas exploration blocks in the South China Sea, including two prospects i...
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Bangladesh discovers new gas reserves
Dhaka, Bangladesh has discovered a new layer of gas in a field in the eastern part of the country with the possibility of a significant amount of...
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Barack Obama tightens sanctions on banks helping Iran sell oil
WASHINGTON: President Barack Obama announced new US sanctions on Tuesday against foreign banks that help Iran sell its oil and said the measure w...
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US congressional negotiators reach deal on new Iran sanctions
WASHINGTON, U.S. lawmakers moved a step closer to finalizing new sanctions aimed at further restricting Iran's oil revenues after negotiators fro...
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