Petro Daily Newsletter

Headline Scan Thursday -- August 09, 2012 High court to consider insurance for LPG users Incentives for oil explorers Oil prices drop after 12-week rally, steadies on output worries Register to do business with us, Pakistan tells Indian OMCs ONGC makes paltry $47 a barrel, rupee gives cushion GAIL, IOC keen to source LNG from Russia ONGC Keen on LNG Sourcing, Marketing Essar's Rs 3,000-cr CBM investment in Bengal depends on land Cairn India announces departure of MD & CEO Rahul Dhir Vadodara civic body in gas supply JV with GAIL Framing of charges against official in Ministry of Petroleum Fuel adulteration on the decline, say oil companies Ernesto weakens over southern Mexico, churns toward Gulf US drought to hit ethanol exports, not gas prices - EIA Stop Converting Corn to Ethanol Greek, Italian governments back trans-Adriatic gas pipeline Ireland's DCC agrees to acquire BP's UK liquefied gas operation Iran set to launch first natural gas storage facility in ME: Official See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   High court to consider insurance for LPG users KOCHI: The Kerala high court on Wednesday directed three public sector oil companies and the state government to take steps to avert incidents of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039391   Incentives for oil explorers There are plans to change the manner in which the government collects rent from oil and gas finds in future auctions. Thus far, it has allowed ex... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039393   Oil prices drop after 12-week rally, steadies on output worries KOLKATA: Brent crude dipped on Wednesday, coming off a 12-week top hit in the previous session, although worries about falling North Sea output a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039400   Register to do business with us, Pakistan tells Indian OMCs In the wake of New Delhi's decision to allow Pakistani investments, Islamabad has asked India to register its oil marketing companies (OMCs) with... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039383   ONGC makes paltry $47 a barrel, rupee gives cushion Oil and Natural Gas Corporation (ONGC) realised only $47 a barrel on the crude oil it sold during the first quarter, marginally lower than $49 re... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039384   GAIL, IOC keen to source LNG from Russia GAIL (India), Indian Oil Corporation (IOC) and ONGC Videsh Limited (OVL) have expressed their willingness to source LNG on long- and medium-term ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039385   ONGC Keen on LNG Sourcing, Marketing State-owned energy explorer Oil and Natural Gas Corporation (ONGC) is considering a strategic diversification and is on the cusp of entering the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039386   Essar's Rs 3,000-cr CBM investment in Bengal depends on land Kolkata, The Rs 3,000-crore investment for full-fledged coal-bed methane production from the Ranigunj block by Essar needs more acres of land, a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039387   Cairn India announces departure of MD & CEO Rahul Dhir The Board of Cairn India announces that Mr. Rahul Dhir has decided to step down as Managing Director and Chief Executive Officer of the Company e... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039388   Vadodara civic body in gas supply JV with GAIL Vadodara: Vadodara Municipal Corporation (VMC) on Wednesday approved a proposal to form a joint venture with Gas Authority of India Ltd (GAIL) fo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039389   Framing of charges against official in Ministry of Petroleum New Delhi, A Delhi court has ordered framing of charges against a senior official in the Ministry of Petroleum for allegedly conniving with deale... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039390   Fuel adulteration on the decline, say oil companies CHENNAI: Even though the number of fuel outlets in the state is growing by 9% per annum, adulteration of petrol and diesel is on the decline, say... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039392   Ernesto weakens over southern Mexico, churns toward Gulf Tropical storm Ernesto weakened on Wednesday as it dumped heavy rains over Mexico's southern Yucatan peninsula and headed toward the Gulf of Mexi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039394   US drought to hit ethanol exports, not gas prices - EIA WASHINGTON, U.S. exports of corn-based ethanol may suffer from the country's worst drought in more than 50 years, but prices for gasoline blended... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039395   Stop Converting Corn to Ethanol The world's inclement weather conditions — drought and dryness — in June-July this year, especially in US, Russia, Ukraine and Kazakhstan, have b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039396   Greek, Italian governments back trans-Adriatic gas pipeline BRUSSELS/ATHENS,  The Greek and Italian governments have agreed to back the Trans-Adriatic Pipeline (TAP), which could improve the project's... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039397   Ireland's DCC agrees to acquire BP's UK liquefied gas operation Irish sales, marketing, distribution and business support services provider DCC Plc announced on Wednesday it had agreed to buy the British lique... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039398   Iran set to launch first natural gas storage facility in ME: Official A senior Iranian gas industry official says Iran is ready to officially inaugurate the first underground natural gas storage facility of the Midd... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039399   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here