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Wednesday, September 26, 2012

Petro Daily Newsletter

 
Headline ScanThursday -- September 27, 2012
Exceed cap, pay 767 a cylinder
Free air may be over for car at petrol pumps
U.S. oil stocks fall on large drop in imports: EIA
Vitol admits Iran fuel oil cargo deal
Oil down in Asia on US stimulus doubts
Iraq says Shell denies oil talks with Kurdistan
Petroleum Ministry for CoS to decide on CBM pricing
Over 70,000 petrol dealers threaten to restrict functioning to 8 hours
Oil Minister wants committee of secretaries to scrutinise RIL, Essar pricing proposals
CAG may Get to do Only Fin Audits of Oil Gas Fields
Bharat Oman Refineries to float IPO in 2013
Balmer Lawrie to invest up to Rs 500 crore in new projects in 3 years
LPG blast toll rises to 3 as man, son die
Oil India plans investment arm to buy assets overseas
Aramco completes Karan gas project
Iran denies links between oil, military
Turkmenistan touts natural gas benefits
Fluxys, APX Endex to launch Belgian gas exchange
Russia must accept its gas market rules - EU
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Exceed cap, pay 767 a cylinder
Mumbai: Breaking the stasis prevailing for nearly a fortnight, oil companies have told LPG distributors that the market price of a cooking gas cy...
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Free air may be over for car at petrol pumps
INDORE: If petrol pump owners have their way, you will be charged for every service availed at a gas station. All these services come for free as...
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U.S. oil stocks fall on large drop in imports: EIA
NEW YORK, U.S. crude oil and refined product stockpiles fell unexpectedly last week as crude imports plunged, government data showed on Wednesday...
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Vitol admits Iran fuel oil cargo deal
Vitol, the largest oil trading house, on Wednesday admitted it has traded at least one large cargo of Iranian fuel oil this year, a move which, w...
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Oil down in Asia on US stimulus doubts
Singapore, Sept 26: Crude fell in Asia today as doubts over the efficacy of fresh US economic stimulus surfaced following comments from a top Fed...
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Iraq says Shell denies oil talks with Kurdistan
Iraq said on Wednesday that Royal Dutch Shell has denied starting talks with Iraqi Kurdistan to sign energy deals with the semi-autonomous region...
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Petroleum Ministry for CoS to decide on CBM pricing
The Petroleum and Natural Gas Ministry is learnt to have suggested setting up of a Committee of Secretaries (CoS) to scrutinise and work out deta...
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Over 70,000 petrol dealers threaten to restrict functioning to 8 hours
CHENNAI: Over 70,000 petrol pumps across the country would function only for eight hours a day from October 15 if demands including higher dealer...
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Oil Minister wants committee of secretaries to scrutinise RIL, Essar pricing proposals
NEW DELHI: Oil Minister S Jaipal Reddy has written to Prime Minister Manmohan Singh seeking formation of a committee of secretaries to scrutinise...
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CAG may Get to do Only Fin Audits of Oil Gas Fields
The government plans to restrict CAG's scrutiny of private oil and gas fields to financial matters instead of a full-fledged performance audit, m...
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Bharat Oman Refineries to float IPO in 2013
MUMBAI: Bharat Oman Refineries Ltd, a joint venture between Oman Oil Company (OOC) and Bharat Petroleum Corporation (BPCL), is expected to file f...
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Balmer Lawrie to invest up to Rs 500 crore in new projects in 3 years
KOLKATA: Diversified oil PSU Balmer Lawrie today said it planned investments of Rs 500 crore over the next three years in new projects, including...
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LPG blast toll rises to 3 as man, son die
CHENNAI: The death toll in Tuesday's blast at a house in Muthamizh Nagar, Kodungaiyur, triggered by a cooking gas ( LPG) cylinder leak, rose to t...
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Oil India plans investment arm to buy assets overseas
NEW DELHI, No longer wanting to play a second fiddle to ONGC, Oil India Ltd (OIL) is planning an overseas investment arm on the lines of ONGC Vid...
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Aramco completes Karan gas project
Reuters reported that Saudi Aramco has finished commissioning the remaining two gas processing lines of an expanded treatment plant for Karan, th...
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Iran denies links between oil, military
TEHRAN, The Iranian oil ministry denied statements made by the U.S. Treasury Department that there were military links to its energy sector. The ...
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Turkmenistan touts natural gas benefits
ASHGABAT, Turkmenistan, The government of Turkmenistan is able to meet the growing energy demands of its Central Asian neighbors with a transnati...
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Fluxys, APX Endex to launch Belgian gas exchange
BRUSSELS, Belgian gas pipeline operator Fluxys said it will launch a new Belgian exchange-based market to boost liquidity and price transparency ...
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Russia must accept its gas market rules - EU
Reuters reported that Russia must abide by the European Union's internal market rules and stop offering widely varying prices to its member state...
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