Petro Daily Newsletter

Headline Scan Tuesday -- October 16, 2012 A P J Abdul Kalam suggests creation of National Energy Commission BPCL to raise $500 m via bond issue Brent falls towards $114 on weak demand outlook Oil block auction after friendlier policy: Reddy Australia set to be world's liquified natural gas kings Rosneft considering African oil pipeline Hungary to tighten grip on gas storage Petrobras signs deal to produce Amazon gas UK sees new shale gas reserve estimate by end-2012 China buys Europe oil storage in Mercuria venture BANGLADESH : More Than 1Tcf Gas reserve Increase in Titas Field Cairn releases update on Geite oil exploration well Branded petrol, diesel sale may be stopped Nigeria wants IOC to build refinery in President's home state India to maintain oil import from Iran at current level Jaipal Reddy rules out any revision in diesel prices for now Pranab favours aligning fuel prices with global market No shortage of LPG cylinders in UP: IOC Private bunks give hope See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   A P J Abdul Kalam suggests creation of National Energy Commission NEW DELHI: Stressing on the importance of country's energy security, former President A P J Abdul Kalam today suggested setting up of a National ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040409   BPCL to raise $500 m via bond issue NEW DELHI, Public sector refiner BPCL plans to raise $500 million via a bond issue. Speaking on the sidelines of Petrotech 2012, R.K. Singh, CMD,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040410   Brent falls towards $114 on weak demand outlook LONDON, Brent futures fell towards $114 a barrel on Monday as worries over weak global oil demand tempered positive Chinese and U.S. data. Data o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040426   Oil block auction after friendlier policy: Reddy New Delhi: The government would offer exploration blocks for the next round of auction only after fine-tuning the existing policy for making it f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040390   Australia set to be world's liquified natural gas kings AUSTRALIA could be the world's largest producers of liquefied natural gas within five years if the current boom continues, the federal government... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040424   Rosneft considering African oil pipeline MOSCOW, Russian media reports oil company Rosneft may take part in the construction of an oil pipeline in Africa, its first such effort in an ove... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040423   Hungary to tighten grip on gas storage BUDAPEST, Hungary's planned gas bill will ensure pre-emptive rights to the state to buy energy group MOL's strategic natural gas storage facility... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040422   Petrobras signs deal to produce Amazon gas Petrobras, Brazil's state-controlled oil company, has signed a deal with local start-up HRT and its Russian partner TNK-BP to sell natural gas fr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040421   UK sees new shale gas reserve estimate by end-2012 Britain expects to issue a new estimate of its shale gas reserves in the Bowland formation in the north before end-2012, followed by a more compr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040420   China buys Europe oil storage in Mercuria venture LONDON, In the first major move by a Chinese state company into European oil storage, Sinopec is buying half of tank firm Vesta Terminals through... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040419   BANGLADESH : More Than 1Tcf Gas reserve Increase in Titas Field The Bangladesh Petroleum Exploration and Production Company, or Bapex, on Monday claimed that it had identified 800 to 900 billion cubic feet of ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040418   Cairn releases update on Geite oil exploration well The enclosed announcement has today been issued by Det norske oljeselskap ASA (35%; Operator) with regard to the Geite well in the North Sea in w... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040417   Branded petrol, diesel sale may be stopped New Delhi, Sale of premium petrol and diesel may soon be discontinued following a sharp fall in demand. State owned oil co.s said they have virtu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040416   Nigeria wants IOC to build refinery in President's home state New Delhi: Oil- and gas-rich Nigeria wants state-run Indian Oil Corp. Ltd (IOC) to construct a $5 billion (around Rs.26,550 crore today) refinery... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040415   India to maintain oil import from Iran at current level New Delhi: After relegating oil imports from Iran, India today said it plans to keep shipments from the West-Asian nation, which is facing the US... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040414   Jaipal Reddy rules out any revision in diesel prices for now NEW DELHI, Petroleum Minister S. Jaipal Reddy, while ruling out any revision in diesel prices for now, said there was no question of Government i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040413   Pranab favours aligning fuel prices with global market NEW DELHI, President Pranab Mukherjee spoke like a finance man on Monday. In his inaugural address at the Petrotech 2012 here, he said: "In the p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040412   No shortage of LPG cylinders in UP: IOC LUCKNOW: Indian Oil Corporation today said there is no shortage of domestic subsidised and non-subsidised LPG refill cylinders and are freely ava... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040411   Private bunks give hope Here is some good news. Citizens need not panic if their tanks run dry and they see huge queues before petrol bunks. The bunks of private petrole... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040408   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here