Petro Daily Newsletter

Headline Scan Wednesday -- September 19, 2012 Oil ministry starts process for revision of gas prices from 2014 Venezuelan oil supply declines in the global market Crude oil drops on U.S. growth concerns Azerbaijan and Turkey to start gas pipeline HPCL to raise $200 mn via ECBs Separate transportation, marketing biz: PNGRB Global energy majors line up at TAPI project roadshow Multiple gas connections to attract penal action Power Min assures Maha to take up its case for gas allocation Petrol pumps closing down across state Sales of branded fuels tank in TN as prices rise Encashing Kingfisher bank guarantee last resort, says HPCL India scouts for oil near borders Companies want allocation, price clarity in shale gas policy EU politicians vote for tough oil, gas anti-corruption law OPEC's Oil Output Hits 31.54mbpd Glencore wins Bangladesh naphtha tender Petroleum Development Oman to invest $26 bn in Oman's oil sector See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil ministry starts process for revision of gas prices from 2014 NEW DELHI: The oil ministry has started the process of revising domestic gas prices after March 2014 from various fields in a move that will help... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040004   Venezuelan oil supply declines in the global market Since 1999, other OPEC member countries have reported a 10.6% rise in production. After more than five years of the high oil price bonanza, it se... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040019   Crude oil drops on U.S. growth concerns Crude oil futures declined during European afternoon trade on Tuesday, as investors eyed upcoming U.S. data amid growing concerns that a slowing ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040021   Azerbaijan and Turkey to start gas pipeline Azerbaijan and Turkey plan to start work this year on a gas pipeline that would form the first leg of a new supply route that Europe hopes will r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040020   HPCL to raise $200 mn via ECBs Mumbai, Oil refiner and marketing company Hindustan Petroleum Corporation Ltd (HPCL) is planning to raise about $200 million through overseas mar... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040005   Separate transportation, marketing biz: PNGRB Oil regulator PNGRB wants gas utilities like GAIL  India Ltd to separate their gas transportation and marketing businesses so that ownership... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040006   Global energy majors line up at TAPI project roadshow London: Global energy majors ExxonMobil Corp, Royal Dutch Shell, Chevron Corp and Petronas of Malaysia queued up at a roadshow organised here to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040007   Multiple gas connections to attract penal action Mumbai: Oil marketing firms have decided to initiate penal action against users of piped natural gas (PNG) who also own LPG connections as well a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040008   Power Min assures Maha to take up its case for gas allocation Mumbai, Power Minister Veerappa Moily on Tuesday assured the Maharashtra government that it would take up the issue of adequate allocation of gas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040009   Petrol pumps closing down across state Kolkata, KOLKATA ; More than 700 petrol pumps out of the 3,200-odd have closed down across the state over the past five years while many more are... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040010   Sales of branded fuels tank in TN as prices rise CHENNAI: With the govt freeing prices of premium or branded fuel from administered prices, sales of these branded fuels have seen a sharp fall in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040011   Encashing Kingfisher bank guarantee last resort, says HPCL The Vijay Mallya-run Kingfisher Airlines owes state-run Hindustan Petroleum Corp Ltd (HPCL) Rs 505.53 crore in jet fuel dues against a bank guara... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040012   India scouts for oil near borders New Delhi, India is making all out efforts to get a toehold in most oil and gas exploration blocks on borders with neighbours such as Sri Lanka a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040013   Companies want allocation, price clarity in shale gas policy New Delhi, Oil and gas exploration companies like British Gas and Essar Energy want clarity on pricing and gradual linkage to international price... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040014   EU politicians vote for tough oil, gas anti-corruption law BRUSSELS, European Union legislators have voted for a draft anti-corruption law, echoing rigorous U.S. rules to make oil, gas and mining firms de... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040015   OPEC's Oil Output Hits 31.54mbpd Crude oil output from the 12 -member Organisation of Petroleum Exporting Countries (OPEC) rose to 31.41 million barrels per day (mbpd) in August ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040016   Glencore wins Bangladesh naphtha tender DHAKA, Bangladesh Petroleum Corporation will sell 170,000 barrels of naphtha to Glencore at premium of $0.06 a barrel to Singapore quotes, higher... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040017   Petroleum Development Oman to invest $26 bn in Oman's oil sector DUBAI: Oman's flagship oil and gas company Petroleum Development Oman (PDO) will invest around $26 billion in hydrocarbon exploration and product... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040018   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here