Petro Daily Newsletter

Headline Scan Monday -- October 01, 2012 Hike in diesel prices likely to raise demand for furnace oil Oil demand to grow 5.2 per cent on poor rains, power shortages: CMIE Crude oil caps biggest quarterly gain this year Without reforms, OMCs' health will worsen: Kelkar panel Oil marketing firms asked to hike dealer commissions on petrol Govt gets heads-up on China's shale plan Rupee's recovery could cut OMCs' underrecovery Don't fret. Petroleum stocks won't go dry Oil marketing cos urged to hike dealers' commission Government approves RIL's revised KG-D6 block field development plan US to help India form framework for shale gas licensing Total to bid for more Uganda exploration blocks Kuwait's Crude Oil Exports to Japan Hit 42-Month High Spain: Gas Natural Fenosa forms alliance to promote methane use in transportation PAKISTAN : PPL, govt developing framework to attract foreign investment PAKISTAN : Ministry starts applying plan of installing rental gas plants Baghdad to make payments to ease Kurd oil conflict Iraq targets $500 bn in energy-related investment See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Hike in diesel prices likely to raise demand for furnace oil New Delhi, The 13 per cent rise in the price of diesel is expected to trigger a preference for furnace oil in a number of states. Industrial cons... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040192   Oil demand to grow 5.2 per cent on poor rains, power shortages: CMIE MUMBAI: The ongoing issues in the power sector, which is badly hit by coal and gas shortages, coupled with poor monsoons in some states, will inc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040195   Crude oil caps biggest quarterly gain this year NEW YORK: Oil capped the biggest quarterly increase this year on concern that escalating West Asia tension will disrupt supplies and as gasoline ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040208   Without reforms, OMCs' health will worsen: Kelkar panel New Delhi, The Vijay Kelkar committee has warned that oil marketing companies (OMCs) may meet the fate of state electricity boards if they are no... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040190   Oil marketing firms asked to hike dealer commissions on petrol NEW DELHI, The Petroleum Ministry has asked public sector oil marketing companies to revise dealer commissions for petrol immediately, according ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040191   Govt gets heads-up on China's shale plan New Delhi, At a time when India is preparing to offer blocks under its first round of shale gas bidding, its top intelligence agency, RAW, has in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040193   Rupee's recovery could cut OMCs' underrecovery New Delhi, After the government raised the price of diesel and capped the subsidy on cooking gas, the oil marketing companies (OMCs) have another... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040194   Don't fret. Petroleum stocks won't go dry BANGALORE: Don't panic about petroleum products going dry in view of the proposed 'no purchase' protest by the Bangalore Petroleum Dealers Associ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040196   Oil marketing cos urged to hike dealers' commission NEW DELHI, The Federation of All India Petroleum Traders (FAIPT) on Saturday said the Petroleum Ministry has asked oil marketing companies to rev... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040197   Government approves RIL's revised KG-D6 block field development plan NEW DELHI: A government-controlled panel has approved Reliance Industries' Revised Field Development Plan for MA oilfield in the predominately ga... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040198   US to help India form framework for shale gas licensing CHENNAI, The US Department of Commerce is to provide "active support" for the development of a regulatory framework to govern India's upcoming ro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040199   Total to bid for more Uganda exploration blocks KAMPALA, French oil firm Total SA will be bidding for more exploration blocks in Uganda when the country conducts a new licensing round, a compan... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040200   Kuwait's Crude Oil Exports to Japan Hit 42-Month High Kuwait's crude oil exports to Japan surged 177.6% in August from a year earlier to a 42-month high of 10.90 million barrels, or 352,000 barrels p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040201   Spain: Gas Natural Fenosa forms alliance to promote methane use in transportation The natural gas utilities company and the National Federation of Transport Associations of Spain (Fenadismer) yesterday signed an agreement to bo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040202   PAKISTAN : PPL, govt developing framework to attract foreign investment KARACHI: Pakistan Petroleum Limited (PPL) is jointly working with the government to develop an enabling regulatory and pricing framework to attra... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040203   PAKISTAN : Ministry starts applying plan of installing rental gas plants ISLAMABAD: The Pakistan Economy Watch (PEW) on Friday said the Ministry of Petroleum and Natural Resources has started implementing plan of insta... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040204   Baghdad to make payments to ease Kurd oil conflict BAGHDAD, Oil payments from Baghdad to Iraq's Kurdish region will be transferred today, Kurdish Energy Minister Ashti Hawrami said on Sunday, offe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040205   Iraq targets $500 bn in energy-related investment BAGHDAD: Iraq will invest around $500 billion in energy and linked industries with the help of the private sector by 2030, generating around $6 t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040206   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here