Petro Daily Newsletter

Headline Scan Wednesday -- September 26, 2012 Cap on LPG cylinder came into effect from Sep 23: Minister Expect weekly rise or fall in petrol prices U.S. crude turns lower after rally on geopolitical tensions Consumers to get only three subsidized cylinders till March GSPC cuts industrial gas prices CNG filling stations in Raj soon Distributors threatened with Maharashtra Essential Services Maintenance Act LPG dealers want clarity on cap for subsidised cylinders GSPC raises Rs 3,000 crore through bond markets to meet capex need Venezuela to supply more oil to India's Reliance CCI looking into 15% hike in freight rates ONGC studying CAG report ONGC western offshore operations may be hit if Juhu helibase denotified LPG firms block 1.25 lakh consumers in Jammu Jordan adds to oil shale industry with Canada deal Lukoil aiming to cut costs at European refineries, not buy more Azerbaijan to delay cuts of its oil export through Russia until 2013 Honeywell Sends Natural Gas Supply Chain Offshore See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Cap on LPG cylinder came into effect from Sep 23: Minister Mumbai, The cap of subsidised LPG cylinders to six has come into force from September 23, Maharashtra Food and Civil Supplies Minister Anil Deshm... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040118   Expect weekly rise or fall in petrol prices New Delhi, Petrol prices may now change every week or 10 days but the hike is unlikely to be more that a rupee per litre. State-owned oil compani... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040119   U.S. crude turns lower after rally on geopolitical tensions NEW YORK, U.S. crude futures turned lower, slipping as gold and stocks on Wall Street pulled back, with concerns about economic growth continuing... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040134   Consumers to get only three subsidized cylinders till March Consumers in Mumbai and its neighbouring areas will get three more subsidized LPG cylinders till March 2013 irrespective of how many cylinders th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040117   GSPC cuts industrial gas prices GSPC Gas, the city gas distribution arm of state-owned Gujarat State Petroleum Company, effected a minor reduction in industrial gas prices by 50... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040120   CNG filling stations in Raj soon JAIPUR: In an effort to bring CNG (Compressed Natural Gas) filling stations in state, the Rajasthan State Petroleum Corporation limited (RSPCL) h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040121   Distributors threatened with Maharashtra Essential Services Maintenance Act MUMBAI: The state government on Tuesday threatened to invoke the Maharashtra Essential Services Maintenance Act (MESMA) and take "strict action" ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040122   LPG dealers want clarity on cap for subsidised cylinders CHENNAI: The recent decision of the Centre to cap the number of subsidised cooking gas (LPG) cylinders per consumer to six a year has created con... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040123   GSPC raises Rs 3,000 crore through bond markets to meet capex need AHMEDABAD: Gujarat State Petroleum Corporation (GSPC) today said it has raised Rs 3,000 crore through bond market for meeting the capital expendi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040124   Venezuela to supply more oil to India's Reliance CARACAS, Venezuela will hike the amount of oil it is sending to India's Reliance Industries and signed a new 15-year supply contract with the com... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040125   CCI looking into 15% hike in freight rates New Delhi: The Competition Commission of India (CCI) has admitted a complaint against All-India Motor Transport Congress (AIMTC), after the count... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040126   ONGC studying CAG report MUMBAI: Oil and gas behemoth today said it is studying the CAG report which had questioned the state owned company for hiring a deep sea drilling... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040127   ONGC western offshore operations may be hit if Juhu helibase denotified NEW DELHI: State-owned Oil and Natural Gas Corp's (ONGC) western offshore operations may be severely hit after Airport Authority of India (AAI) p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040128   LPG firms block 1.25 lakh consumers in Jammu JAMMU: About 1.25 lakh consumers have been blocked by oil companies in the Jammu region due to non- verification of LPG connections in view of th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040129   Jordan adds to oil shale industry with Canada deal Jordan added to its growing oil shale industry by signing a deal with a Canadian firm to produce up to 50,000 barrels of shale oil within the nex... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040130   Lukoil aiming to cut costs at European refineries, not buy more Brussels, Russia's Lukoil is aiming to reduce costs at its European refineries and improve their integration with the rest of the company, as wel... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040131   Azerbaijan to delay cuts of its oil export through Russia until 2013 Azeri state energy company SOCAR delayed its decision to cut oil exports via Russia until 2013 and will export 2.0 million tonnes this year throu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040132   Honeywell Sends Natural Gas Supply Chain Offshore UOP, the Des Plaines, IL-based subsidiary of the manufacturing conglomerate Honeywell International, inked a deal to develop next-generation natu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040133   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here