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Saturday, September 15, 2012

Petro Daily Newsletter

 
Headline ScanSaturday -- September 15, 2012
Kerala wraps up Rs.20,000-crore MoU with BPCL
How to check your LPG usage online
Oil Hits $100 A Barrel: Time For The Strategic Reserve?
Iraq to Pay Foreign Oil Companies in Kurdistan
Cap on LPG cylinders may lead to diversion
Centre ignores proposal to end subsidised fuel for MPs, MLAs
Running on subsidised fuel
BPCL signs pacts with tech firms for refinery expansion
Fuel price hike: A step in the right direction, but not a systemic solution
UPA loss theory on fuel gigantic fraud: Left
Till March next year, you'll get only 3 subsidised LPG cylinders
Piped gas becomes more attractive for the kitchen
IFR-BPCL plans INR10bn bond sale soon
Story ONGC well in KG basin leaking gas, may start spilling oil soon
Turkey to start oil exploration alone in eastern Med
Malaysia Aims to Become LNG Trading Hub through New $1.3B Terminal
Saudi will meet oil demand to help check prices
Iran plans to produce ANG for vehicles
Alberta and Chinese organizations move forward on externships
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Kerala wraps up Rs.20,000-crore MoU with BPCL
Kochi: The Kerala government on Friday wrapped up a MoU with Bharat Petroleum for a slew of petroleum and gas projects totalling an investment to...
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How to check your LPG usage online
To the right of the ministry of petroleum website (http://petroleum.nic.in/) is a small hotlink where the words "LPG Portal" keeps popping up and...
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Oil Hits $100 A Barrel: Time For The Strategic Reserve?
We've finally made it. Prices for West Texas Intermediate crude  breached $100/barrel. The main reason is due to strong demand side action. ...
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Iraq to Pay Foreign Oil Companies in Kurdistan
The Iraqi central government has agreed to pay foreign companies working in Iraq's Kurdistan region 1 trillion Iraqi dinars ($850 million) for co...
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Cap on LPG cylinders may lead to diversion
New Delhi: The Congress-led United Progressive Alliance government's decision to limit the supply of subsidized cooking gas will lead to dual pri...
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Centre ignores proposal to end subsidised fuel for MPs, MLAs
Two sets of rules — one for the common man, and one for those holding Constitutional posts. When it comes to the cap on the consumption of subsid...
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Running on subsidised fuel
This is an interesting piece of statistic to tell the defenders of diesel subsidisation. Across India, huge percentage of power companies which u...
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BPCL signs pacts with tech firms for refinery expansion
KOCHI, Bharat Petroleum Corporation Ltd has entered into licence agreements with four technology providers for its Integrated Refinery Expansion ...
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Fuel price hike: A step in the right direction, but not a systemic solution
MUMBAI: It was ironic that the day the government announced the fuel price hikes, the shares of petroleum PSUs that are the biggest suffers of th...
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UPA loss theory on fuel gigantic fraud: Left
NEW DELHI, Describing the hike in diesel price as a "gigantic fraud" on people, the Left parties have demanded its immediate rollback and aboliti...
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Till March next year, you'll get only 3 subsidised LPG cylinders
The 6-cylinder cap on subsidised LPG per household is going to pinch middle class the hard way as oil companies say the consumers will get only t...
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Piped gas becomes more attractive for the kitchen
The new regulation on the consumption of liquefied petroleum gas (LPG), the single largest source of cooking in urban India, announced by the gov...
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IFR-BPCL plans INR10bn bond sale soon
SINGAPORE, State-owned Bharat Petroleum Corp is planning an INR10bn (USD18m) bond sale soon. The tenor is likely to be three to five years, recko...
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Story ONGC well in KG basin leaking gas, may start spilling oil soon
A deepwater well in the Krishna Godavari (KG) basin off the Andhra Pradesh coast, operated by the Oil and Natural Gas Commission (ONGC) has been ...
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Turkey to start oil exploration alone in eastern Med
ANKARA, Turkey will start drilling for oil alone next year in part of the eastern Mediterranean near Cyprus and Syria after regional tensions put...
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Malaysia Aims to Become LNG Trading Hub through New $1.3B Terminal
Malaysia is aiming to become Asia's liquefied natural gas (LNG) trading hub by 2020 with the establishment of a $1.3 billion LNG terminal in the ...
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Saudi will meet oil demand to help check prices
Saudi Arabia will continue to meet any additional oil demand and help moderate prices, but the recent surge in crude prices is not due to any sup...
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Iran plans to produce ANG for vehicles
Iran plans to produce adsorbed natural gas (ANG) domestically, to substitute the compressed natural gas (CNG) in the near future, Mehr reported. ...
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Alberta and Chinese organizations move forward on externships
Beijing - Premier Alison Redford has reached agreements with two leading business development organizations based in China that will strengthen A...
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