Petro Daily Newsletter

Headline Scan Wednesday -- August 22, 2012 India implementing 14,000 km natural gas pipelines: RPN Singh Africa Oil spuds onshore Kenya oil well Crude oil at 3-month high on EU optimism, U.S. supply data eyed Not planning to deregulate diesel, LPG, kerosene: Government Exploration Cos want Govt to Retain Current PSC Regime Himachal demands restoration of kerosene quota GAIL cuts stake in OPaL to 15.5 pc 5 yrs on, ethanol-blended petrol remains non-starter BPCL sells Oct-Dec naphtha at firmer premiums Rajasthan harvests gold from oil boom ONGC to spend Rs. 15,000 cr to drill 480 wells this fiscal Russia Invests in Diesel as Putin's Oil Boom Peaks Retail Gasoline In U.S. Rises To Record High For Season Nigeria: Sustaining the Scam On Kerosene Subsidy Syria says preparing to finalise oil deal with Russia Iran is forced to reflag oil tankers China, Singapore wealth funds invest $1 bln in US LNG export plant-source Shale Growth In Other Nations: How Realistic Is It? See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India implementing 14,000 km natural gas pipelines: RPN Singh NEW DELHI: India is currently implementing about 14,000 km of natural gas pipelines projects, which is in addition to over 11,000 km of existing ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039570   Africa Oil spuds onshore Kenya oil well Africa Oil Corp. is pleased to announce the spudding in Kenya of the Twiga South-1 exploration well located in onshore Block 13T, today, Tuesday,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039578   Crude oil at 3-month high on EU optimism, U.S. supply data eyed Crude oil futures traded at the highest level since May during European morning hours on Tuesday, as market participants looked ahead to a series... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039586   Not planning to deregulate diesel, LPG, kerosene: Government NEW DELHI: The government is not planning to deregulate diesel, cooking gas (LPG) and kerosene prices by withdrawing subsidy on them, Minister of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039569   Exploration Cos want Govt to Retain Current PSC Regime Exploration companies such as Reliance Industries (RIL), BP and Cairn India have urged the Rangarajan Committee, which is reviewing oil and gas c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039571   Himachal demands restoration of kerosene quota SHIMLA: Himachal Pradesh has demanded the restoration of kerosene quota under public distribution system (PDS) by the union government. State gov... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039572   GAIL cuts stake in OPaL to 15.5 pc NEW DELHI: State-run gas utility GAIL India Ltd has cut its equity stake in ONGC's Dahej mega petrochemical project to 15.5 per cent after projec... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039573   5 yrs on, ethanol-blended petrol remains non-starter New Delhi: Nearly five years after a Group of Ministers recommended a mandatory 10 per cent blending of ethanol in petrol as vehicle fuel, the im... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039574   BPCL sells Oct-Dec naphtha at firmer premiums SINGAPORE, India's Bharat Petroleum Corp (BPCL) has sold naphtha cargoes for loading in the last quarter of the year at firmer premiums than earl... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039575   Rajasthan harvests gold from oil boom Till last year, the routine of Budharas Mali's life was set. For a quarter of the year, he was a farmer. For the rest of the eight months, he wor... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039576   ONGC to spend Rs. 15,000 cr to drill 480 wells this fiscal New Delhi : Oil and Natural Gas Corp. Ltd (ONGC) will spend about Rs.15,000 crore to drill 480 wells in 2012-13, the most in the past 17 years, a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039577   Russia Invests in Diesel as Putin's Oil Boom Peaks Russia is cementing its status as Europe's foremost diesel supplier as President Vladimir Putin seeks to shore up economic growth with record inv... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039579   Retail Gasoline In U.S. Rises To Record High For Season U.S. retail gasoline has climbed for seven weeks, advancing 38.8 cents a gallon since July 2, as crude prices gained more than $12 a barrel and r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039580   Nigeria: Sustaining the Scam On Kerosene Subsidy With kerosene selling at well above the official price, Ejiofor Alike questions the huge claims on kerosene subsidy by the Nigerian National Petr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039581   Syria says preparing to finalise oil deal with Russia MOSCOW, Syria is preparing to complete a deal with ally Russia to secure much-needed oil products to keep its economy and military running, the h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039582   Iran is forced to reflag oil tankers Iran is trying to find new flags of convenience for its fleet of oil tankers after Tanzania and Tuvalu announced plans to deregister the vessels ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039583   China, Singapore wealth funds invest $1 bln in US LNG export plant-source HONG KONG, The sovereign wealth funds of China and Singapore have invested a combined $1 billion in a U.S. plant that will export cheap liquefied... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039584   Shale Growth In Other Nations: How Realistic Is It? American leadership in developing horizontal drilling and hydraulic fracturing used in shale oil and gas plays is spreading around the world maki... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039585   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here