Petro Daily Newsletter

Headline Scan Friday -- August 03, 2012 Oil Industry Safety Directorate likely to get statutory status Oil reserves found in Jaisalmer Crude oil price of Indian Basket declines CCEA to decide on coal bed methane pricing in a month Oil India may take 10-15% stake in HPCL's Barmer refinery Story Indian Oil, ONGC, BPCL not to buy ADB's Petronet LNG stake Cabinet committee may look at hiking petroleum prices: Reddy India Vizag refinery units in maintenance until Sept ONGC fears wipeout of its surplus in 2 yrs BPCL to shut crude unit at Mumbai refinery in September: Sources HPCL's Vizag refinery units to undergo partial maintenance until September Oil Industry Safety Awards' Presented - MOPNG Centre plans to explore shale gas in Jharkhand Algeria offers incentives to investors in shale resources Sunoco's Philadelphia gasoline units operating normally-source Oil prices climb before Fed rate decision Oil ministry asks ONGC to farm out stakes in CBM blocks, invite global bids RIL-BP plan to buy stake in Petronet LNG terminal shelved as ministry not keen on pact Soon, petrol, diesel and LPG will cost less in Thane See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil Industry Safety Directorate likely to get statutory status The government is mulling giving statutory status to Oil Industry Safety Directorate (OISD) which formulates measures for safety in oil and gas i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039291   Oil reserves found in Jaisalmer Jaisalmer: Public sector company Oil India Ltd (OIL) has for the first time found oil reserves at Poonam Singh ki Dhani in Nachna area of Jaisalm... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039300   Crude oil price of Indian Basket declines New Delhi, The international crude oil price for Indian Basket as computed/published on Thursday by the Petroleum Planning and Analysis Cell (PPA... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039304   CCEA to decide on coal bed methane pricing in a month NEW DELHI, The Petroleum Ministry will seek the Cabinet Committee on Economic Affairs' (CCEA) nod 'within a month' for pricing of gas produced fr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039290   Oil India may take 10-15% stake in HPCL's Barmer refinery After Vedanta Resources plc and Engineers India , state-owned Oil India has evinced interest in taking a stake in Hindustan Petroleum Corp 's pla... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039292   Story Indian Oil, ONGC, BPCL not to buy ADB's Petronet LNG stake Indian Oil Corp (IOC), Oil and Natural Gas Corp (ONGC) and Bharat Petroleum (BPCL) have decided not to press for acquiring Asian Development Bank... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039293   Cabinet committee may look at hiking petroleum prices: Reddy With a high-powered ministerial panel on fuel pricing being scrapped, a cabinet committee may consider raising the prices of diesel, LPG and kero... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039294   India Vizag refinery units in maintenance until Sept India's Hindustan Petroleum Corp 166,000 barrels per day (bpd) Vizag refinery in south India is undergoing partial maintenance which would likely... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039295   ONGC fears wipeout of its surplus in 2 yrs With the government dithering over raising the price of subsidised fuels, its biggest company, Oil and Natural Gas Corporation (ONGC), fears its ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039296   BPCL to shut crude unit at Mumbai refinery in September: Sources SINGAPORE/NEW DELHI: Bharat Petroleum Corp. Ltd will shut a crude distillation unit and a secondary unit at its 240,000 barrels per day (bpd) ref... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039297   HPCL's Vizag refinery units to undergo partial maintenance until September SINGAPORE/NEW DELHI: India's Hindustan Petroleum Corp 166,000 barrels per day (bpd) Vizag refinery in south India is undergoing partial maintenan... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039298   Oil Industry Safety Awards' Presented - MOPNG  "Oil Industry Safety Awards" for the year 2009-10 and 2010-11 were presented by Shri S Jaipal Reddy, Minister of Petroleum & Natural Ga... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039299   Centre plans to explore shale gas in Jharkhand RANCHI: The Centre has assigned the Central Mine Planning and Design Institute (CMPDI), a central public sector undertaking, with the job of expl... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039301   Algeria offers incentives to investors in shale resources Algeria plans to woo foreign companies to invest in developing its shale energy resources with incentives including tax breaks and the sharing of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039302   Sunoco's Philadelphia gasoline units operating normally-source The two gasoline making units at Sunoco Inc's 330,000 barrel per day refinery in Philadelphia are running normally, said a source familiar with r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039303   Oil prices climb before Fed rate decision London, Global oil prices advanced today in cautious deals as traders awaited the latest US Federal Reserve policy decision and digested signs of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039305   Oil ministry asks ONGC to farm out stakes in CBM blocks, invite global bids NEW DELHI: The oil ministry has ordered state-run Oil & Natural Gas Corp (ONGC) to scrap its move to farm out stakes in four coal bed methane... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039306   RIL-BP plan to buy stake in Petronet LNG terminal shelved as ministry not keen on pact MUMBAI: Reliance Industries and oil major BP's plan to take a stake in a new gas import terminal of Petronet LNG have been grounded under pressur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039307   Soon, petrol, diesel and LPG will cost less in Thane Thane: Here's some good news for Thane residents—petrol will shortly be sold at Rs 75.10, diesel at Rs 46.51 and LPG will cost Rs 398.08 in Thane... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039308   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here