Petro Daily Newsletter

Headline Scan Saturday -- September 01, 2012 Aviation ministry seeks ATF regulation Jet fuel prices raised by steep 7.6 per cent U.S. loans reserve oil to Marathon Petroleum Do more to reduce Iranian oil imports, Romney camp tells India PNGRB cannot notify fresh tariff - Apex Court GAIL inks LNG deal with Spanish firm Growing uncertainty over progress of Cals Refinery's petroleum refinery project worrisome Pipe-laying for first phase of LNG terminal completed India needs to increase investment in oil, gas fields abroad US to allow Shell to begin prep work for drilling in Arctic Statoil-Rosneft in Exploration JV Gulf Opec members unlikely to boost oil supply China's CNPC says working to resume Sudan, South Sudan crude production Bangladesh offers to sell 170,000 bbls naphtha Asia naphtha margins spike to four month highs Med crude-Libya's largest refinery restarts, Urals steady Crude oil tops $96 per barrel Crude oil edges higher, eyes on Jackson Hole See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Aviation ministry seeks ATF regulation There might be relief for Indian airlines on the fuel cost front! Bloomberg TV India has learnt that the aviation ministry has written to the oil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039729   Jet fuel prices raised by steep 7.6 per cent New Delhi: Jet fuel price was on Friday hiked by a steep 7.6 per cent, the biggest ever increase that took ATF price to all-time high of Rs 72,28... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039734   U.S. loans reserve oil to Marathon Petroleum WASHINGTON, The United States will loan 1 million barrels of crude from emergency reserves to Marathon Petroleum Corp after one of its refineries... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039739   Do more to reduce Iranian oil imports, Romney camp tells India TAMPA (FLORIDA), Acknowledging India's efforts towards minimising its dependency on Iran for its energy needs, a foreign policy expert of the Rom... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039730   PNGRB cannot notify fresh tariff - Apex Court New Delhi, The Supreme Court on Friday asked Petroleum and Natural Gas Regulatory Board (PNGRB) not to "notify" any fresh network tariff and comp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039731   GAIL inks LNG deal with Spanish firm NEW DELHI, GAIL (India) Ltd struck a second liquefied natural gas (LNG) deal this week. On Friday, the company signed an LNG supply agreement wit... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039732   Growing uncertainty over progress of Cals Refinery's petroleum refinery project worrisome MUMBAI: The regular volume chart topper on BSE Cals Refinery is expected to see further delays in its 10 million tonne petroleum refinery project... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039733   Pipe-laying for first phase of LNG terminal completed Storage tanks for the LNG project has been erected and the LNG project is expected to be commissioned in the first half of next year. Pipe-laying... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039735   India needs to increase investment in oil, gas fields abroad New Delhi, With energy security intrinsically linked to economic growth, there was a need for increased investments in oil and gas fields abroad ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039736   US to allow Shell to begin prep work for drilling in Arctic ANCHORAGE, Alaska/WASHINGTON, Royal Dutch Shell will be allowed to begin some "limited" drilling in Alaska's Chukchi Sea, the U.S. government sai... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039737   Statoil-Rosneft in Exploration JV Statoil ASA ( STO ) and Russian state-owned oil company OAO Rosneft have signed shareholder and operating agreements for four offshore Russian li... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039738   Gulf Opec members unlikely to boost oil supply Dubai: Gulf oil producers are unlikely to ramp up oil production further unless demand rises, according to the Organisation of Petroleum Exportin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039740   China's CNPC says working to resume Sudan, South Sudan crude production Singapore, China National Petroleum Corp said Friday that it has been working since mid-August to restart crude production at its projects in Sud... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039741   Bangladesh offers to sell 170,000 bbls naphtha DHAKA, State-owned Bangladesh Petroleum Corporation (BPC) has issued a tender to sell 170,000 barrels of open-specification naphtha for Sept. 24-... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039742   Asia naphtha margins spike to four month highs Naphtha in Asia spiked to a three-session high of US$982/ton while margins rose by over 9% to hit a four-month high of US$134.5/ton, as per Reute... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039743   Med crude-Libya's largest refinery restarts, Urals steady LONDON, The restart of Libya's largest refinery on Friday will help tighten availabilities of Mediterranean sweet grades, while spot differential... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039744   Crude oil tops $96 per barrel NEW YORK, Crude oil prices drifted to more than $96 a barrel Friday in a week that focused on supply concerns. The U.S. Energy Information Admini... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039745   Crude oil edges higher, eyes on Jackson Hole Crude oil futures edged higher on Friday, as markets remained focused on a highly anticipated speech by Federal Reserve Chairman Ben Bernanke lat... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039746   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here