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Tuesday, October 16, 2012

Petro Daily Newsletter

 
Headline ScanWednesday -- October 17, 2012
India seeks exemption from transit fee on oil supply in Sudan
Mozambique to offer new blocks in Q1 2013-ministry
Brent Oil rises on concern supplies may be disrupted
Peru to build back-up gas plant in case of pipeline attacks
EU slaps sanctions on Iran oil, gas industries
Environmentalists sue California oil regulators over fracking
China's CNPC starts work on 3rd West-East gas pipeline
Kochi petrochem project: ONGC, GAIL keen on stake buy
India, Russia to tap potential for boosting bilateral trade
Ministry against DGH raising its own cadre
Numaligarh Refinery Limited pays Rs 9 cr dividend to Assam govt
Pakistan, India likely to join hands on petro front
Speculation and paper barrel trade blamed for volatile crude prices
Turkmenistan invites India to invest in Caspian Offshore
Cairn Energy updates on Geite exploration well in North Sea
Saudi oil sales to US robust despite refinery upsets
EU imposes fresh sanctions to target Iran's oil & gas industry
China begins construction of gas pipeline to connect east
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India seeks exemption from transit fee on oil supply in Sudan
New Delhi: India has sought exemption from payment of transit fee on moving crude oil from its fields in South Sudan to ports in North for export...
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Mozambique to offer new blocks in Q1 2013-ministry
NEW DELHI - Mozambique will offer around 12 new exploration blocks for oil and gas early next year, government officials from the southeast Afric...
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Brent Oil rises on concern supplies may be disrupted
KOLKATA: Brent oil traded at the highest premium in a year to crude in New York amid concern that supplies from the North Sea and the Middle East...
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Peru to build back-up gas plant in case of pipeline attacks
Peru promised on Tuesday to build a new regasification plant by 2015 to back up key energy supplies in case a leftist insurgency attacked a pipel...
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EU slaps sanctions on Iran oil, gas industries
BRUSSELS, European Union governments imposed sanctions on Tuesday against major Iranian state companies in the oil and gas industry, and strength...
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Environmentalists sue California oil regulators over fracking
A coalition of environmental advocates has filed suit against California oil regulators over the controversial method of oil extraction called hy...
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China's CNPC starts work on 3rd West-East gas pipeline
BEIJING: China National Petroleum Corp ( CNPC) started on Tuesday construction of a third cross-country gas pipeline, the Xinhua news agency said...
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Kochi petrochem project: ONGC, GAIL keen on stake buy
NEW DELHI, Oil and Natural Gas Corp (ONGC) and GAIL India Ltd have evinced interest in picking up stake in the Rs 5,000—crore Kochi petrochemical...
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India, Russia to tap potential for boosting bilateral trade
NEW DELHI: Expressing optimism over bilateral trade, India and Russia today said huge potential exists in both the countries to boost two-way com...
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Ministry against DGH raising its own cadre
New Delhi: Although the government had promised to strengthen the office of Directorate General of Hydrocarbons (DGH) after the Comptroller and A...
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Numaligarh Refinery Limited pays Rs 9 cr dividend to Assam govt
GUWAHATI: Numaligarh Refinery Limited (NRL) on Tuesday paid Rs 9.08 crore as dividend for the financial year 2011-12 to the state government for ...
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Pakistan, India likely to join hands on petro front
New Delhi, Notwithstanding cross-border tensions, Pakistan and India are making joint efforts to increase co-operation on the energy front. Pakis...
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Speculation and paper barrel trade blamed for volatile crude prices
Union Petroleum and Natural Gas Minister Jaipal Reddy, on Tuesday, blamed speculation and paper barrel trade for the excessively high and volatil...
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Turkmenistan invites India to invest in Caspian Offshore
NEW DELHI, Turkmenistan has invited Indian companies to explore hydrocarbon at its Caspian Offshore region. "Many international companies are alr...
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Cairn Energy updates on Geite exploration well in North Sea
Scotland-based oil and gas exploration and development company, Cairn Energy, has completion of the Geite exploration well on the Geite prospect ...
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Saudi oil sales to US robust despite refinery upsets
NEW YORK: Saudi Arabia appears to be keeping its pledge to ensure global markets are well supplied with oil, barely letting up in shipments to th...
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EU imposes fresh sanctions to target Iran's oil & gas industry
BRUSSELS: European Union governments imposed sanctions on Tuesday against major Iranian state companies in the oil and gas industry, and strength...
See the Full Story:
 
China begins construction of gas pipeline to connect east
BEIJING, China today began construction of a 7,378-km long pipeline which will pump natural gas from the nation's resource-rich western regions t...
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