Petro Daily Newsletter

Headline Scan Friday -- September 21, 2012 Revision of petrol dealers' commission in the next 15 days Yemen invites bids for five oil blocks Crude oil halts decline, rises towards $109 HC Admits PIL Seeking Rollback of Diesel Price Hike Accounts of PSU oil companies under scrutiny Move Products by Rail: Court to Oil Firms Diesel becomes cheaper by 85 paise in Bihar from tonight Moody's cautions govt against roll back of diesel price hike Bond yields ease as crude slumps; government reforms key Asia Crude-BPCL buys 2 mln bbls sweet grades for Nov BJP to lift restriction on LPG cylinders if voted to power OVL Keen to Partner Cairn India in Lanka Crude oil exports rebounding, says Iran's oil minister OPEC to Curb Exports on Refinery Maintenance, Oil Movements Says BP would get Rosneft stake in TNK-BP deal: paper 29 dead, 46 injured in Mexico pipeline fire European Union inks deal with China to cut greenhouse gases API backs state leadership in shale UK's Centrica inks 3-year gas supply deal with Gazprom See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Revision of petrol dealers' commission in the next 15 days The oil ministry has directed oil firms to revise the dealers' commission in the next 15 days and asked them to submit the recommendations on the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040041   Yemen invites bids for five oil blocks Yemen has invited international companies to bid for exploration and development rights in five oil blocks around the country as it gives top pri... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040051   Crude oil halts decline, rises towards $109 Brent crude halted earlier declines and climbed towards $109 a barrel on Thursday, with some oil dealers saying prices had fallen too far, too fa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040059   HC Admits PIL Seeking Rollback of Diesel Price Hike KOCHI, Kerala High Court today ordered a notice to the Centre on a PIL filed by former MP P C Thomas seeking rollback of the recent hike in diese... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040042   Accounts of PSU oil companies under scrutiny NEW DELHI: The finance ministry has ordered a scrutiny of the books of oil marketing companies to see if the under-recoveries stated by them are ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040043   Move Products by Rail: Court to Oil Firms Kochi, In the backdrop of a road accident last month in Kannur involving an LPG tanker, the Kerala High Court Thursday asked public sector oil co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040044   Diesel becomes cheaper by 85 paise in Bihar from tonight PATNA: Bihar government today reduced VAT on diesel by two per cent to make it cheaper by 85 paise with effect from midnight, Chief Minister Niti... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040045   Moody's cautions govt against roll back of diesel price hike NEW DELHI: Cautioning the government against roll back of diesel price hike, credit rating agency Moody's on Thursday said that any such step wou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040046   Bond yields ease as crude slumps; government reforms key MUMBAI: Indian bond prices edged higher on Thursday on hopes of inflationary pressures would ease after crude prices slumped, although worries ab... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040047   Asia Crude-BPCL buys 2 mln bbls sweet grades for Nov SINGAPORE, India's second largest state-run refiner, Bharat Petroleum Corp (BPCL), bought 2 million barrels of sweet crude in a tender for Novemb... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040048   BJP to lift restriction on LPG cylinders if voted to power JAIPUR: BJP today said that it would lift the restriction on the number of subsidised LPG cylinders to households if voted to power. "We are figh... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040049   OVL Keen to Partner Cairn India in Lanka ONGC Videsh (OVL), the overseas arm of the state oil explorer, has held initial talks with Cairn India for partnership in Sri Lanka, where Cairn ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040050   Crude oil exports rebounding, says Iran's oil minister TEHRAN, Iran's Oil Minister said on Wednesday that crude oil exports are rebounding after being hit by a European embargo in July, describing for... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040052   OPEC to Curb Exports on Refinery Maintenance, Oil Movements Says The Organization of Petroleum Exporting Countries will reduce crude exports into next month as refiners start maintenance, according to Oil Movem... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040053   BP would get Rosneft stake in TNK-BP deal: paper MOSCOW, BP is in talks with Rosneft that may result in the British oil major acquiring at least 12.5 percent of the Russian state oil firm, the K... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040054   29 dead, 46 injured in Mexico pipeline fire Reynosa, Mexico, The death toll in a pipeline fire at a distribution plant near the U.S. border has risen to 29, Mexico's state-owned oil company... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040055   European Union inks deal with China to cut greenhouse gases BRUSSELS: China, the world's biggest carbon dioxide emitter, has struck a deal to work with the European Union to cut greenhouse gases through pr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040056   API backs state leadership in shale WASHINGTON, The American Petroleum Institute announced support for a Senate bill that would keep authority over shale energy development in state... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040057   UK's Centrica inks 3-year gas supply deal with Gazprom MILAN: British utility Centrica on Thursday signed a 2.4 billion cubic metre, three-year gas supply deal with the UK arm of Russian export monopo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040058   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here