Petro Daily Newsletter

Headline Scan Thursday -- October 18, 2012 DGH may look at new oil, gas sharing system for govt Pakistan's discount demand hits India's fuel export plan Crude drops on rising U.S. inventory data P Chidambaram for correcting price distortion of petroleum products Soil-testing starts at proposed refinery site in Barmer DGH not in favour of cost recovery mechanism BPCL plans one month shutdown at Mumbai refinery to improve yields CNG distribution network in slow growth mode Jaipur Development Authority fails to sell ' Bharat Petroleum Corporation land' in second auction Indian Oil blocks 2 lakh LPG connections After oil, methane to be produced in Barmer ExxonMobil invests $3.1 bn in Canadian shale assets No international firm wants to take up TAPI gas project Key Japanese LNG buyers push for more flexible contracts UK shale gas not at odds with climate targets: report Gazprom reviews LNG strategies Sudan approves security, oil deals with S.Sudan Indonesia group plans $4.8 bln refinery with Azeri oil firm See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   DGH may look at new oil, gas sharing system for govt New Delhi, Amidst controversy over fall in output from RIL's KG D6 gas fields, Directorate General of Hydrocarbons (DGH) today appeared to favour... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040446   Pakistan's discount demand hits India's fuel export plan NEW DELHI: India's efforts to export fuel to Pakistan appear to have hit a dead end. Talks on the issue between oil minister S Jaipal Reddy and h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040447   Crude drops on rising U.S. inventory data Crude oil futures fell in Asian trading on Thursday after the U.S. government revealed the stockpiles are on the rise. On the New York Mercantile... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040463   P Chidambaram for correcting price distortion of petroleum products New Delhi: Concerned over the impact of rising oil subsidy bill on fiscal situation, Finance Minister P Chidambaram today made a strong case for ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040448   Soil-testing starts at proposed refinery site in Barmer JAISALMER: A team of soil scientists accompanied by senior officials of HPCL on Wednesday visited the site proposed for setting up petroleum refi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040449   DGH not in favour of cost recovery mechanism New Delhi: Payment by oil and gas explorers to the government should be linked to production and not on cost recovery, the sector's regulator has... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040450   BPCL plans one month shutdown at Mumbai refinery to improve yields NEW DELHI: State-run Bharat Petroleum Corp plans to shut half its 240,000 barrels per day (bpd) Mumbai refinery for about a month in March-April ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040451   CNG distribution network in slow growth mode PUNE: The expansion of Compressed Natural Gas (CNG) supply distribution network in Pune, Pimpri-Chinchwad and neighboring areas has been delayed ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040452   Jaipur Development Authority fails to sell ' Bharat Petroleum Corporation land' in second auction JAIPUR: For the second time, the Jaipur Development Authority (JDA) has not been able to auction off a chunk of land earlier leased out to the Bh... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040453   Indian Oil blocks 2 lakh LPG connections BERHAMPUR: The Indian Oil Corporation Limited (IOCL) has blocked over two lakh LPG connections in Odisha due to multiple connections and incomple... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040454   After oil, methane to be produced in Barmer BARMER/JAIPUR: After oil, the deserts of Barmer are poised to produce methane gas. For the first time in the country, methane gas will be extract... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040455   ExxonMobil invests $3.1 bn in Canadian shale assets NEW YORK: US energy giant ExxonMobil announced Wednesday that it was buying Canada's Celtic Exploration for Canadian $3.1 billion (US$3.14 billio... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040456   No international firm wants to take up TAPI gas project New Delhi: The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has hit a major roadblock with no international pipeline compa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040457   Key Japanese LNG buyers push for more flexible contracts TOKYO, Two of Japan's biggest buyers of liquefied natural gas, Tokyo Gas Co and Osaka Gas Co , have urged suppliers to drop destination curbs on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040458   UK shale gas not at odds with climate targets: report LONDON, Britain can exploit its shale gas reserves without worrying about meeting its targets to cut carbon emissions, provided the government co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040459   Gazprom reviews LNG strategies MOSCOW, Russian energy company Gazprom announced its board of directors was examining ways to increase the production of liquefied natural gas. G... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040460   Sudan approves security, oil deals with S.Sudan KHARTOUM — Sudan's parliament on Wednesday approved almost unanimously deals with South Sudan on oil and security that the two countries' preside... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040461   Indonesia group plans $4.8 bln refinery with Azeri oil firm JAKARTA, Indonesia's OSO Group plans to build a $4.8 billion oil refinery in a joint venture with the State Oil Company of the Azerbaijani Republ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040462   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here