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Monday, August 6, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- August 06, 2012
India to Boost Oil Imports from Iran
Oil exports soar for OPEC countries
Global oil demand to rise 5.3% in 2015
Reliance Industries agrees to share KG-D6 accounts with CAG
Diesel dole flows to truckers
India HPCL begins rupee payment for Iran oil
India's $3 bn oil stake in South Sudan now looks safe
Oil Ministry orders RIL to meet full gas requirement of Dabhol plant
GAIL, VMC complete formalities for natural gas supply JV
India ready to invest in oil & gas, ports sectors in Sri Lanka
Andhra Pradesh power woes: Centre diverts gas from Krishna-Godavari Basin
Gas allotment: Kiran for Delhi to meet PM
HPL plans product swap agreement as financing option
Indian oil firms face loss of millions in Venezuelan project
Oil's big players raise the stakes in Iraqi Kurdistan
Iran, regional tension pushing oil prices up: Kuwait
Venezuela's Ramirez sees oil around $100/barrel: Argentine paper
Crude remains above $91 after robust jobs data
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India to Boost Oil Imports from Iran
TEHRAN,  India will soon boost oil imports from Iran as the country's insurers have agreed to step in to provide insurance cover for tankers...
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Oil exports soar for OPEC countries
Arab oil exports down 22 percent in 2001UAE has most expensive gas in the GCCOAPEC cheers ''the rise'' in oil prices. The total revenue of the 11...
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Global oil demand to rise 5.3% in 2015
JEDDAH – The Organization of Petroleum Exporting Countries raised estimates for global oil demand to 2015 after a swifter-than-expected economic ...
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Reliance Industries agrees to share KG-D6 accounts with CAG
NEW DELHI: Reliance Industries has agreed to share KG-D6 accounts with the national auditor under the terms of the production sharing contract (P...
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Diesel dole flows to truckers
Which segment of the Indian economy gets the largest share of the diesel subsidy dole offered by the Union government? Not farmers, not Indian Ra...
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India HPCL begins rupee payment for Iran oil
NEW DELHI  - State-run Hindustan Petroleum (HPCL) has made its first payment for Iranian oil in rupees to partially settle its bill for a ca...
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India's $3 bn oil stake in South Sudan now looks safe
Addis Ababa, The state-run Oil and Natural Gas Corp (ONGC) can heave a sigh of relief, with signs of a truce, at least in oil, between Sudan and ...
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Oil Ministry orders RIL to meet full gas requirement of Dabhol plant
NEW DELHI: In a move that will diminish gas supplies to fuel-starved power plants, the Oil Ministry has ordered Reliance Industries to first meet...
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GAIL, VMC complete formalities for natural gas supply JV
Vadodara, All the required formalities have been completed for the launch a joint venture company between Vadodara Municipal Corporation (VMC) an...
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India ready to invest in oil & gas, ports sectors in Sri Lanka
COLOMBO, India today expressed its keenness to invest in the development of war-torn Sri Lanka in a big way for which it promised to rope in priv...
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Andhra Pradesh power woes: Centre diverts gas from Krishna-Godavari Basin
Hyderabad: The woes of power-starved Andhra Pradesh have been further compounded with the Centre's order that two million metric standard cubic m...
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Gas allotment: Kiran for Delhi to meet PM
Chief Minister N. Kiran Kumar Reddy is planning to lead a delegation of Union Ministers and MPs to call on Prime Minister Manmohan Singh on Monda...
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HPL plans product swap agreement as financing option
Kolkata, In a bid to buy time for arranging working capital and to achieve higher utilisation of capacity in a conducive market environment, the ...
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Indian oil firms face loss of millions in Venezuelan project
NEW DELHI: A consortium of three Indian state-run oil majors, which are pumping millions of dollars into the Carabobo-I project in the Faja oil b...
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Oil's big players raise the stakes in Iraqi Kurdistan
LONDON, Iraqi Kurdistan's crude oil is plentiful and easy to get at, rare among undeveloped energy resources. The man managing it, a former North...
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Iran, regional tension pushing oil prices up: Kuwait
KUWAIT CITY, A drop in Iranian production coupled with regional tensions were pushing oil prices higher, Kuwait Oil Minister Hani Hussein, said i...
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Venezuela's Ramirez sees oil around $100/barrel: Argentine paper
BUENOS AIRES, Venezuela sees international crude oil prices holding at around $100 per barrel, the country's Energy Minister Rafael Ramirez said ...
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Crude remains above $91 after robust jobs data
SEOUL, Crude oil futures slipped on Monday but stayed above $91 a barrel after rallying on a stronger-than-expected U.S. jobs report, while the m...
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