Petro Daily Newsletter

Headline Scan Tuesday -- September 04, 2012 Diesel rates may rise by Rs 4-5 per litre after Sept 7; petrol price to go up too Crude imports from Iran to be cut further Crude Oil Is Vulnerable To Losses This Week Oilcos' diesel sales loss soars Rs 19.26/ltr ONGC's $5bn US buy hits roadblock on Iran biz Gas price in India artificially depressed, discourages domestic production: BP chief economist Rs 55,000 cr oil depots on the cards Tata's lone oil asset is gathering moss Some relaxation for energy exploration firms Awareness programme for oil exploration throughout Churachandpur district Czechs plan temporary ban on shale exploration Iranian gas will start flowing from December 2014: Dr Asim Hussain Iraq says has U.S. support in Kurdish oil deals row Iran warns of oil price hike Royal Dutch Shell plc: SPDC Completes Sale of Nigerian OML NEPAL : Govt hikes price of petro-products again Is Bernanke dooming oil prices to be permanently high? Natural gas futures ease off 1-week high in thin, holiday trade European, Asian firms bid to expand Saudi refinery See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Diesel rates may rise by Rs 4-5 per litre after Sept 7; petrol price to go up too NEW DELHI: "We could not raise its price last month due to the monsoon session. But we can't wait beyond," a senior executive in a state oil firm... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039766   Crude imports from Iran to be cut further India is gearing up to overhaul its import strategy and working towards reducing imports of crude oil from Iran. The government has also denied p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039769   Crude Oil Is Vulnerable To Losses This Week Crude oil biased bearishly with the opening of the week's trading on Monday following downbeat Chinese manufacturing data as growth cools with we... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039783   Oilcos' diesel sales loss soars Rs 19.26/ltr Losses on sale of diesel at government-controlled rates have hit a record Rs 19.26 a litre, sending state-owned oil companies scrambling for ways... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039765   ONGC's $5bn US buy hits roadblock on Iran biz Mumbai: ONGC's latest move to acquire $5 billion worth of oil sands assets in Alberta, owned by energy major ConocoPhillips, has hit a roadblock ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039767   Gas price in India artificially depressed, discourages domestic production: BP chief economist NEW DELHI: Natural gas price in India is "artificially depressed," which discourages domestic production and increases its consumption, said Chri... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039768   Rs 55,000 cr oil depots on the cards New Delhi, A Rs. 55,000-crore plus blueprint has been prepared for creating additional strategic crude oil storage facilities in the country to s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039770   Tata's lone oil asset is gathering moss The Tata group, which has tasted phenomenal success in steel and auto globally, has so far failed to make a mark in the oil & gas sector, in ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039771   Some relaxation for energy exploration firms Mumbai, Oil and gas exploration companies may get some relaxation in their operations. The finance ministry is favourably considering the relaxat... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039772   Awareness programme for oil exploration throughout Churachandpur district Imphal, In the backdrop of the stiff opposition raised during public hearings held at Nungba and Jiribam in connection with obtaining environment... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039773   Czechs plan temporary ban on shale exploration PRAGUE - The Czech government has proposed a temporary ban on shale gas exploration until a new law is passed that would address extracting the n... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039774   Iranian gas will start flowing from December 2014: Dr Asim Hussain ISLAMABAD: It seems the recent meeting between President Asif Ali Zardari and Iran's supreme leader Ayatollah Khamenei has done much to oil the c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039775   Iraq says has U.S. support in Kurdish oil deals row BAGHDAD, A U.S. official has said companies should co-operate with Iraq's central government before striking oil and gas deals with the autonomou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039776   Iran warns of oil price hike Tehran, The current embargo on Iranian oil and political pressure on the Islamic Republic will result in higher oil prices on international marke... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039777   Royal Dutch Shell plc: SPDC Completes Sale of Nigerian OML Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), completed on August 31st 2012 the a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039778   NEPAL : Govt hikes price of petro-products again KATHMANDU: The government has hiked the price of petroleum products again, effective from Monday, citing the reason of huge losses at the state o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039779   Is Bernanke dooming oil prices to be permanently high? Federal Reserve Chairman Ben Bernanke did not introduce a third round of quantitative easing (QE3) in his speech at Jackson Hole on Friday. But h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039780   Natural gas futures ease off 1-week high in thin, holiday trade Natural gas futures were lower during U.S. morning trade on Monday, easing off a one-week high as market participants continued to monitor weathe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039781   European, Asian firms bid to expand Saudi refinery KHOBAR, Saudi Arabia, European and Korean companies have bid for a project to double the capacity of an oil lubricants refinery in Yanbu controll... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039782   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here