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Friday, September 28, 2012

Petro Daily Newsletter

 
Headline ScanFriday -- September 28, 2012
India's Aug Iran imports fall 5 pct on mth; up 19 pct on yr-trade
Oil surges as Iran tension mounts
Oil prices rebound in Asia, Europe woes cap gains
HPCL Takes 51% In 25K Cr Raj Refinery, Restricts Explorer's Stake
After LPG cap, indefinite ban on new connections
Commission system: petroleum dealers don't buy it
Green nod likely for Kochi refinery project
Iran hopes to increase sale of crude oil to India, suggests ways to bypass Western curbs
Asia Crude-India HPCL buys 2 mln bbls Qua Iboe for November
Asia Naphtha-India's BPCL restores Mumbai exports
Thieves drill holes in Jalandhar-Mathura oil pipeline
Government can't terminate Jindal Petroleum's oil and gas field contract
Transocean served with injunction against Brazil drilling
Gazprom Rethinks Shale as European Gas Prices Sink
Iran may raise the issue of drastic cut in oil imports at official-level meeting
Caltex Australia says Kurnell oil refinery to close in 2014
China's CNOOC confident on Nexen deal: report
Gazprom sets eyes on Asian economies
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India's Aug Iran imports fall 5 pct on mth; up 19 pct on yr-trade
NEW DELHI, India's oil imports from Iran fell nearly 5 percent in August from July, tanker discharge data made available to Reuters showed on Thu...
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Oil surges as Iran tension mounts
LONDON, Oil leapt towards $112 a barrel on Thursday on renewed worries over potential supply disruptions from the Middle East as a war of words e...
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Oil prices rebound in Asia, Europe woes cap gains
Singapore, Oil prices rebounded in Asian trade today on bargain-hunting but escalating turmoil in debt-wracked Greece and Spain limited gains. Ne...
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HPCL Takes 51% In 25K Cr Raj Refinery, Restricts Explorer's Stake
Mumbai: Corporate battles in the private sector are well known, but rivalry among state-owned firms is rare. There is friction brewing between tw...
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After LPG cap, indefinite ban on new connections
New Delhi, State-run oil marketing companies are imposing an indefinite countrywide ban on issuing fresh cooking gas connections following the UP...
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Commission system: petroleum dealers don't buy it
Vehicle owners had better top up their tanks before Sunday, as petroleum dealers across the State will resort to a 'no purchase' agitation on Oct...
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Green nod likely for Kochi refinery project
The expansion project to fire up BPCL's Kochi refinery capacity to 15.5 million tonnes a year Bharat Petroleum Corporation Ltd's integrated refin...
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Iran hopes to increase sale of crude oil to India, suggests ways to bypass Western curbs
NEW DELHI: Iran wants to increase the sale of crude oil to India, and is expected to suggest ways to work around western sanctions when officials...
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Asia Crude-India HPCL buys 2 mln bbls Qua Iboe for November
NEW DELHI: Indian state-run refiner Hindustan Petroleum Corp Ltd (HPCL) has bought 2 million barrels of Nigerian Qua Iboe via a tender for liftin...
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Asia Naphtha-India's BPCL restores Mumbai exports
SINGAPORE/NEW DELHI, India's Bharat Petroleum Corp Ltd (BPCL) sold a third naphtha cargo from its Mumbai refinery, bringing total export volumes ...
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Thieves drill holes in Jalandhar-Mathura oil pipeline
KARNAL: Thieves drilled holes in Jalandhar-Mathura oil pipeline of Indian Oil Corporation (IOC) passing through Raipur village of Nilokheri subdi...
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Government can't terminate Jindal Petroleum's oil and gas field contract
NEW DELHI: The government cannot terminate an oil and gas field contract of a company that has defaulted on its obligations like furnishing of ba...
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Transocean served with injunction against Brazil drilling
Transocean Ltd said on Thursday it was served with a preliminary injunction by a federal court in Brazil that will require the company's nine rig...
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Gazprom Rethinks Shale as European Gas Prices Sink
Gazprom has admitted it might yet adjust its attitude towards shale gas, as Russian policy makers assess new dangers to the country's petro-dolla...
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Iran may raise the issue of drastic cut in oil imports at official-level meeting
NEW DELHI: Iran has expressed concerns that Indian refiners have drastically cut imports if Iranian crude oil and it is expected to raise the iss...
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Caltex Australia says Kurnell oil refinery to close in 2014
Caltex Australia said on Friday its loss-making 124,500 barrel-per-day Kurnell oil refinery in Sydney will shut down in the second half of 2014. ...
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China's CNOOC confident on Nexen deal: report
China's CNOOC Ltd. believes it is poised to win Canada's go-ahead for the $15.1-billion purchase of oil producer Nexen Inc, after talks with prov...
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Gazprom sets eyes on Asian economies
VLADIVOSTOK, Russia, A focus by Russian energy company Gazprom on Asian markets makes sense given the strength of the region's economy, an execut...
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