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Tuesday, August 28, 2012

Petro Daily Newsletter

 
Headline ScanWednesday -- August 29, 2012
PM sets up GoM to decide on ethanol blending in petrol
Brazil to deploy world's first floating oil terminal
Oil dips in Asia as tropical storm Isaac approaches US refinery hub
CAG on the prowl: After coal, now its oil explorer
Nearly 4.80 lakh surprise inspection carried out during 2009-10—2011-12 : MOPNG
HPCL hikes CNG prices by Rs 3.90/kg in Ahmedabad
ONGC in talks with Mitsui to source LNG
L&T to sell plastics business to Japanese firm Toshiba Machine
Iran to ask India for spurring tri-nation pipeline
Action Initiated to Formulate Open Acreage Licensing Policy (OALP): R P N Singh
52 NELP blocks stuck for environment, defence clearances: Govt
G7 urges higher oil output, warns on reserves
Iran offers its own fully-insured ships for crude shipments
French govt, oil industry agree 6 cent fuel price cut
Nigeria: NNPC Disowns MoU On U.S. $4 Billion Refinery Deal
API says oil inventories up 5.5 million barrels
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
PM sets up GoM to decide on ethanol blending in petrol
Exactly two years later, Prime Minister Manmohan Singh has set up yet another Group of Ministers (GoM) after key ministries disagreed on the basi...
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Brazil to deploy world's first floating oil terminal
RIO DE JANEIRO — Brazil's state-owned energy giant Petrobras said Tuesday it will deploy the world's first floating oil terminal capable of refue...
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Oil dips in Asia as tropical storm Isaac approaches US refinery hub
SINGAPORE, Oil fell in Asia today as crude demand suffered from refinery shutdowns in the US Gulf Coast due to the onset of Tropical Storm Isaac ...
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CAG on the prowl: After coal, now its oil explorer
New Delhi: India's state auditor has hit out at the country's biggest explorer ONGC for its tardy exploration and lax efforts in development in a...
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Nearly 4.80 lakh surprise inspection carried out during 2009-10—2011-12 : MOPNG
The Minister of State for Petroleum and Natural Gas Shri R.P.N. Singh informed the Rajya Sabha in a written reply today that during the last thre...
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HPCL hikes CNG prices by Rs 3.90/kg in Ahmedabad
AHMEDABAD, Hindustan Petroleum Corporation Limited (HPCL) today announced hike in CNG prices by Rs 3.90 per kg here. The oil and gas PSU operatin...
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ONGC in talks with Mitsui to source LNG
NEW DELHI: Oil and Natural Gas Corp. has signed an initial business agreement on LNG with Japan's Mitsui Group, chairman Sudhir Vasudeva said on ...
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L&T to sell plastics business to Japanese firm Toshiba Machine
Mumbai , Larsen & Toubro (L&T) will sell its plastics machinery business to Japanese firm Toshiba Machine for an undisclosed sum. The com...
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Iran to ask India for spurring tri-nation pipeline
New Delhi: Don't write off the tri-nation Iran-Pakistan-India pipeline as yet. When Iranian President Mahmoud Ahmadinjead meets Prime Minister Ma...
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Action Initiated to Formulate Open Acreage Licensing Policy (OALP): R P N Singh
The Minister of State for Petroleum and Natural Gas Shri R.P.N. Singh informed the Rajya Sabha in a written reply today that the government has i...
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52 NELP blocks stuck for environment, defence clearances: Govt
New Delhi: Nearly a fifth of the blocks the Government had awarded for exploration of oil and gas in various rounds since 1999 to domestic and ov...
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G7 urges higher oil output, warns on reserves
WASHINGTON, The Group of Seven finance ministers urged oil-producing countries on Tuesday to raise output to ensure the market is well supplied, ...
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Iran offers its own fully-insured ships for crude shipments
Teheran: Faced with problems of its customers not being able to import oil due to lack of adequate insurance for ships, National Iranian Oil Comp...
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French govt, oil industry agree 6 cent fuel price cut
PARIS, The French government and energy industry have agreed to cut fuel prices by up to 6 euro cents per litre for three months to help drivers ...
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Nigeria: NNPC Disowns MoU On U.S. $4 Billion Refinery Deal
Facts emerged Monday that the Nigerian National Petroleum Corporation (NNPC) was not a party to the Memorandum of Understanding (MoU) signed rece...
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API says oil inventories up 5.5 million barrels
SAN FRANCISCO, Crude-oil inventories rose 5.5 million barrels in the week ended Aug. 24, the American Petroleum Institute said late Tuesday. The ...
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