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Monday, August 13, 2012

Petro Daily Newsletter

 
Headline ScanTuesday -- August 14, 2012
BPCL, HPCL oppose IndianOil's call on petrol price control
Insurance plan lets India resume shipping Iran oil
Canada crude-Synthetic premium climbs to 9-month high
Petrol price hike: CCI will consider allegations as per law
Report of Tariff Commission - PIB GOI
ONGC and Mitsui to sign agreement for gas and LNG business
Par panel directs PetroMin to expedite Iran-Pakistan-India project
Gujarat wants portion of oil cess to fight pollution
Govt pulled up for lapses over gas pricing
CCEA may award eight blocks under NELP-9 on Tuesday
Frackers in frantic search for guar bean substitutes
BP sells US refinery for $2.5 billion to Tesoro Corp
Total told to halt Kurdish deals or sell Halfaya stake
Eni's Iran oil imports stall despite EU clearance
UK gas prices rise on lower Norway, LNG imports
Iraq's Rise To No. 2 Oil Producer In OPEC Is Bad News For World
US not dependent on the Middle-East for its oil needs
Crude oil down despite Middle Eastern tension on profit taking
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
BPCL, HPCL oppose IndianOil's call on petrol price control
Petrol pricing may officially be out of the government's control, but a veiled intervention by the government has resulted in Indian Oil Corp and...
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Insurance plan lets India resume shipping Iran oil
Mumbai, The first Indian ship to carry Iranian crude since European sanctions on ship insurance decimated Iran's oil trade is scheduled to load u...
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Canada crude-Synthetic premium climbs to 9-month high
CALGARY, Canadian light synthetic oil climbed to a more than nine-month-high premium on Monday with demand for the oil sands-derived crude brisk ...
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Petrol price hike: CCI will consider allegations as per law
New Delhi, The government today said the competition watchdog CCI is seized of the matter pertaining to simultaneous increase and decrease of pet...
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Report of Tariff Commission - PIB GOI
Tariff Commission had undertaken the study at the behest of Department of Expenditure and the report was sent to that Department on 4th January, ...
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ONGC and Mitsui to sign agreement for gas and LNG business
The Oil and Natural Gas Corporation (ONGC) board is understood to have cleared the proposal for signing a Memorandum of Understanding (MoU) with ...
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Par panel directs PetroMin to expedite Iran-Pakistan-India project
NEW DELHI, A Parliamentary panel has asked the Petroleum Ministry to "vigorously" pursue and speedily settle all pending issues related to the mu...
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Gujarat wants portion of oil cess to fight pollution
GANDHINAGAR: Gujarat government will raise the issue of releasing a portion of money collected as oil cess and deposited in the Central governmen...
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Govt pulled up for lapses over gas pricing
Parliamentary Standing Committee has pulled up the government for lapses in gas pricing regulations. Bloomberg TV India has learnt that the Yaswa...
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CCEA may award eight blocks under NELP-9 on Tuesday
New Delhi:  The Cabinet Committee on Economic Affairs (CCEA) is likely to consider on Tuesday awarding eight more oil and gas blocks that we...
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Frackers in frantic search for guar bean substitutes
Oil and gas companies are racing to find a new substitute for India's guar bean, a key ingredient used in hydraulic fracturing, the drilling tech...
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BP sells US refinery for $2.5 billion to Tesoro Corp
LONDON: British energy group BP said Monday that it had agreed to sell its Carson refinery in California to US peer Tesoro Corporation for $2.5 b...
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Total told to halt Kurdish deals or sell Halfaya stake
BAGHDAD,Iraqi authorities have warned France's Total (TOTF.PA) that it must freeze its energy deal with Iraq's autonomous Kurdistan region or sel...
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Eni's Iran oil imports stall despite EU clearance
LONDON, Italy's Eni has been unable to import Iranian oil for a second month running, due to bank payment and insurance problems, despite having ...
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UK gas prices rise on lower Norway, LNG imports
Wholesale gas prices in Britain rose on Monday morning as the system opened under-supplied and firm oil and power prices helped lift the market, ...
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Iraq's Rise To No. 2 Oil Producer In OPEC Is Bad News For World
Iraq has finally overtaken Iran as the second largest oil producer in OPEC according to the International Energy Agency. Baghdad chalked up 3mb/d...
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US not dependent on the Middle-East for its oil needs
CHENNAI: A US academician today claimed that contrary to perception, America was not dependent on the Middle-East for its oil needs and it only b...
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Crude oil down despite Middle Eastern tension on profit taking
Crude oil futures traded down during U.S. afternoon trade Monday, despite increased tensions between Israel and Iran fuelled concerns over a disr...
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