Petro Daily Newsletter

Headline Scan Tuesday -- September 18, 2012 States should lower taxes on petro products: Government LNG import from India in limbo Oil steady over $116 as QE balances growth worries India Retailers Cut Premium Fuel Output Excise cut leads to Rs 1/litre profit for OMCs Link domestic gas price to imported gas price: RIL The Rs 16,653 cr lie at heart of govt's diesel price justification Southern states highly explosive, says study Ethanol-blending can cut fuel bill, say experts Govt may raise LPG cap from 6 to 10 cylinders FM confident of meeting Rs 30,000 cr disinvestment target Shell halts this year's Alaska drilling plan Gazrpom invests big in Sakhalin Iran defends strength of oil sector Pakistan reduces diesel prices, hikes petrol South Korea loses insurance for Iran's oil Turkey to Start Importing Russian Gas Through Private Sector Schlumberger China Petroleum Institute opens in Beijing See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   States should lower taxes on petro products: Government New Delhi, The central government, under attack for hiking the price of diesel on Monday issued a strong data-supported defence of its decision, ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039993   LNG import from India in limbo ISLAMABAD: The import of Liquefied Natural Gas (LNG) from India is in limbo, as stakeholders are unwilling to pay a higher import price in relati... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040000   Oil steady over $116 as QE balances growth worries LONDON: Brent crude oil held above $116 a barrel on Monday, steadying after seven days of gains on expectations US economic stimulus measures wou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040003   India Retailers Cut Premium Fuel Output NEW DELHI--India's state-run fuel retailers said Monday that they have practically stopped producing premium diesel and gasoline products, as sal... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039994   Excise cut leads to Rs 1/litre profit for OMCs New Delhi, After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening glob... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039986   Link domestic gas price to imported gas price: RIL Reliance Industries (RIL) has sent a letter to the Petroleum Ministry seeking price revision of gas that will be produced from new discoveries in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039987   The Rs 16,653 cr lie at heart of govt's diesel price justification A small lie is at the heart of the government's public justification for the recent hike in the prices of diesel and the decision to restrict sub... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039988   Southern states highly explosive, says study The explosion at the cracker unit in Sivakashi, killing 38 persons, raises fingers over the checks and enforcement activities carried out by the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039989   Ethanol-blending can cut fuel bill, say experts PUNE: Despite the huge capacity of sugar factories to supply ethanol to oil companies at affordable rates, the Union government has not taken any... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039990   Govt may raise LPG cap from 6 to 10 cylinders With its allies and the Opposition calling for a rollback in the hike of diesel prices and the cap on LPG cylinder supply, the government is like... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039991   FM confident of meeting Rs 30,000 cr disinvestment target New Delhi, "I would like all approved cases of disinvestment to go forward in next 6 months...We have set a target of Rs 30,000 crore. My job is ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039992   Shell halts this year's Alaska drilling plan Houston: Oil giant Royal Dutch Shell has halted plans to drill for oil off Alaska this year as a containment dome to cap any spills has been dama... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039995   Gazrpom invests big in Sakhalin MOSCOW, Russian energy company Gazprom announced plans to invest more than $14 billion on projects in the Sakhalin region of the Far East. Gazpro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039996   Iran defends strength of oil sector TEHRAN, Iranian oil production figures indicate the country is still near the top among members of the Organization of Petroleum Exporting Countr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039997   Pakistan reduces diesel prices, hikes petrol Islamabad: The Pakistan government hiked the prices of petrol and compressed natural gas (CNG) but reduced diesel rates Monday, just days after p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039998   South Korea loses insurance for Iran's oil SEOUL, A loss of insurance coverage on Iranian crude oil deliveries meant South Korean purchases dropped to zero in August, government records sh... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039999   Turkey to Start Importing Russian Gas Through Private Sector Turkey will start importing Russian gas through the Turkish Kibar Holding by late September and through Akfel Gaz in early 2013, a source in the ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040001   Schlumberger China Petroleum Institute opens in Beijing BEIJING – The Schlumberger China Petroleum Institute (SCPI) has opened in the company's China headquarters in the Chaoyang district of Beijing. T... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040002   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here