Petro Daily Newsletter

Headline Scan Friday -- September 14, 2012 Govt restricts subsidised LPG, raises diesel price BPCL to invest Rs 20,000 crore in KRL expansion, Petro complex Oil up on stimulus hopes, Middle East turmoil Diesel rises by record . 5, only 6 subsidized LPG cylinders/yr 'Shocked' Didi, DMK and oppn demand rollback CCI to investigate price fixation allegations against OMCs Indian petrochemicals make way into Pakistan Unanimous' public approval for Ennore LNG import terminal Oil Min to allow exploration wells with conditions Australia Grants Seven New Offshore Exploration Permits Worth $290M Iran oil exports up, IEA says Russia to reduce oil supplies to Belarus Total signs LNG deal with South Korea Turkmens says building of new oil refinery to start 2015 Sasol a step closer to Canada's first gas-to-liquids plant Iraq, Kurdistan end oil dispute, exports continue See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Govt restricts subsidised LPG, raises diesel price In the second major oil sector reform after petrol decontrol of June 2010, the government on Thursday capped subsidised domestic liquefied petrol... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039931   BPCL to invest Rs 20,000 crore in KRL expansion, Petro complex Kochi: Public sector BPCL will invest Rs 20,000 crore in Kerala for the expansion of its facility at Kochi Refinery and setting up a Petrochemcia... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039936   Oil up on stimulus hopes, Middle East turmoil NEW YORK, Oil prices rose on Thursday, pushing to four-month highs in volatile trading, on expectations the U.S. Federal Reserve will announce mo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039946   Diesel rises by record . 5, only 6 subsidized LPG cylinders/yr New Delhi: The government, reeling under the perception of policy paralysis, on Thursday finally grasped the nettle, hiking diesel price by a rec... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039932   'Shocked' Didi, DMK and oppn demand rollback New Delhi: The government's decision to raise diesel price and limit subsidized LPG cylinders came under a fusillade of fire from both allies and... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039933   CCI to investigate price fixation allegations against OMCs The competition commission has ordered an investigation into alleged price fixation and cartelisation by oil marketing companies. The decision to... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039934   Indian petrochemicals make way into Pakistan New Delhi, Even though liquid fuels from India are yet to make entry into Pakistan, Indian companies are increasingly finding the neighbouring co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039935   Unanimous' public approval for Ennore LNG import terminal CHENNAI, The Ennore LNG import terminal project is to come up in a 130-acre area within Ennore Port about 25 km north of Chennai. Indian Oil Corp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039937   Oil Min to allow exploration wells with conditions New Delhi: In a significant move, the Oil Ministry is mulling granting permission to drill exploration wells within an oil and gas field but with... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039938   Australia Grants Seven New Offshore Exploration Permits Worth $290M Australia has granted seven new petroleum exploration permits in the gas-rich areas offshore the Northern Territory and Western Australia as part... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039939   Iran oil exports up, IEA says PARIS, The International Energy Agency said crude oil imports from Iran have increased slightly despite Western sanctions imposed on the country.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039940   Russia to reduce oil supplies to Belarus Belarus will not have enough raw oil to produce petrol for further smuggling. Russia also decided to set equal export duties on petrol and solven... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039941   Total signs LNG deal with South Korea PARIS, French energy company Total said it signed a deal with South Korean partners for liquefied natural gas planned from a terminal in Louisian... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039942   Turkmens says building of new oil refinery to start 2015 ASHGABAT, Japan's JGC Corp has been chosen to prepare a feasibility study for a new oil refinery in western Turkmenistan, local industry official... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039943   Sasol a step closer to Canada's first gas-to-liquids plant Sasol Ltd is a step closer to building Canada's first multibillion-dollar plant to convert cheap natural gas to diesel and other fuels after the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039944   Iraq, Kurdistan end oil dispute, exports continue BAGHDAD, Iraq's central government and the country's autonomous Kurdistan agreed to end an oil payment dispute after Kurdistan pledged to continu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039945   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here