Petro Daily Newsletter

Headline Scan Saturday -- September 29, 2012 Three week delay for issue of new gas connections; no ban India's BPCL restores Mumbai exports after September maintenance shutdown Oil prices near $92 on Spanish budget pledge Bharat Petroleum set to become successful E&P player Kelkar panel's suggestion on subsidy contrary to policy: Government Petrol pumps may run dry on Oct 2-3 CAG can't audit KG performance: RIL Reliance Industries to buy BP's Malaysia business for $230 million No home delivery: LPG dealers to give Rs 8 rebate Consumers worried, distributors confused Fishermen stir against diesel hike from October 5 Total Sees Uganda Oil Output One Year Later Than Hoped U.S. importing more OPEC crude oil TAP gas pipeline project gains support of Italy, Greece, Albania Nigeria's Jonathan Says Oil Industry Needs Overhaul Japan to import 30 pct less Iran crude for rest of 2012 -PAJ chief Sinopec orders closure of two refineries and a petrochemical plant U.S. GAS: Futures Gain, Adding to 15% Rise on Week See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Three week delay for issue of new gas connections; no ban NEW DELHI: The government today said it has not banned issue of fresh cooking gas (LPG) connections and there was only a temporary three-week hia... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040175   India's BPCL restores Mumbai exports after September maintenance shutdown India's Bharat Petroleum Corp Ltd (BPCL) has sold a third naphtha cargo from Mumbai refinery, bringing total export volumes from the plant to 105... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040179   Oil prices near $92 on Spanish budget pledge The price of oil crept up above $92 a barrel Friday on hopes the global economy might see some improvement after Spain announced far-reaching ste... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040189   Bharat Petroleum set to become successful E&P player MUMBAI: India's second biggest oil marketing company is set to become a successful E&P company by end of the current decade. The company's st... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040181   Kelkar panel's suggestion on subsidy contrary to policy: Government NEW DELHI: The Kelkar Committee has recommended sharp reduction in subsidies on petroleum, food and fertiliser, which the government said was con... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040172   Petrol pumps may run dry on Oct 2-3 Mumbai: Motorists could face a shortage of petrol and diesel at fuel pumps on the evening of October 2 and morning of October 3.  Petrol pum... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040173   CAG can't audit KG performance: RIL New Delhi: Mukesh Ambani's Reliance Industries (RIL) has put its foot down on the government's move to get the performance of its showcase Andhra... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040174   Reliance Industries to buy BP's Malaysia business for $230 million MUMBAI: Reliance Industries, India's largest private sector company, has agreed to buy UK petroleum major BP's purified terephthalic acid (PTA) b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040176   No home delivery: LPG dealers to give Rs 8 rebate The All India LPG Distributors Federation, which on Thursday announced that cylinders will not be delivered at houses of consumers from October 1... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040177   Consumers worried, distributors confused PATNA: The consumers as well as the distributors of LPG cylinders have been confused ever since the Union government announced to cap the supply ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040178   Fishermen stir against diesel hike from October 5 CHENNAI: Over 3,000 fishing boats will stay in dock indefinitely in various ports of the state from October 5 to protest against the diesel price... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040180   Total Sees Uganda Oil Output One Year Later Than Hoped KAMPALA -- Total expects to pump commercial oil production from its fields in Uganda to start from 2017, a year later than previous estimates had... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040182   U.S. importing more OPEC crude oil WASHINGTON, The United States imported more oil from OPEC producers in the first six months of 2012 than for the same period last year, the U.S. ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040183   TAP gas pipeline project gains support of Italy, Greece, Albania The Italian, Greek and Albanian governments agreed to provide political support to the Trans Adriatic pipeline project to deliver Caspian natural... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040184   Nigeria's Jonathan Says Oil Industry Needs Overhaul Oil companies' objections to Nigeria's proposed overhaul of its petroleum sector are expected, but the reforms are necessary, President Goodluck ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040185   Japan to import 30 pct less Iran crude for rest of 2012 -PAJ chief TOKYO, Japan, a major buyer of Iranian crude, is set to import about 30 percent less crude oil from Iran for the rest of this year compared with ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040186   Sinopec orders closure of two refineries and a petrochemical plant Sinopec Group, the parent of China Petroleum & Chemical Corp. (Sinopec), has ordered the closure of two refineries and a small petrochemical ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040187   U.S. GAS: Futures Gain, Adding to 15% Rise on Week NEW YORK--Natural gas futures rebounded late in the session to end higher Friday, adding a fourth day to the rally that has sent gas prices to ne... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040188   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here