Petro Daily Newsletter

Headline Scan Tuesday -- October 23, 2012 US understands our need for Iranian oil: Petroleum Minister S Jaipal Reddy Brent nears $111 after 4-day fall, growth woes cap rise Oil prices extend losses in wake of sharp pre-weekend losses Gujarat State Petroleum Corporation should stop foreign operations, exploration Oil ministry rejects Aviation ministry demand to include ATF under PNGRB Over 50,000 LPG connections blocked in Nagpur Niko Resources says Indian government willing to raise KG-D6 gas price Dealers warn strike over police case against gas agency Woodside makes offer for stake in Israel's Leviathan gas field Sierra Leone formally approves ultra-deepwater offshore license award US policy uncertainty delays LNG supply growth: BG Group South Korea resumes Iranian oil imports BP, Rosneft set up $25 bn-plus TNK-BP deal BP to reward investors, revisit Arctic after Rosneft deal Obama faces tough call on Iran oil sanctions Iranian gas pipeline to Turkey bombed S.Lanka's Ceypetco may close refinery on supply delay Europe Gasoline/Naphtha-Weaker demand hits gasoline See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   US understands our need for Iranian oil: Petroleum Minister S Jaipal Reddy DUBAI: The United States understands our need for Iranian oil imports, which are steady at a rate of 15 million tonnes per year, Indian oil and g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040517   Brent nears $111 after 4-day fall, growth woes cap rise SINGAPORE: Brent crude edged up towards $111 a barrel on Monday after a four-day decline spurred by worries over a fragile global economy, with s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040533   Oil prices extend losses in wake of sharp pre-weekend losses LONDON: Oil prices fell further on Monday in the wake of sharp pre-weekend losses, as investors balanced poor Japanese export data against Middle... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040534   Gujarat State Petroleum Corporation should stop foreign operations, exploration GANDHINAGAR: Only a viable business model, which includes stopping some of the unprofitable foreign operations immediately where huge sums have g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040518   Oil ministry rejects Aviation ministry demand to include ATF under PNGRB New Delhi: In what could be a setback for airlines reeling under losses, the oil ministry has rejected the demand of the Civil Aviation ministry ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040519   Over 50,000 LPG connections blocked in Nagpur NAGPUR: As oil marketing companies move forward aggressively to rationalize their distribution channels for LPG cylinders, the next few months wi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040520   Niko Resources says Indian government willing to raise KG-D6 gas price Mumbai, Niko Resources, one of Reliance Industries Limited' partners in India's offshore KG-D6 block said October 19 that the government has, in ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040521   Dealers warn strike over police case against gas agency JALANDHAR: Punjab unit of All India LPG Distributors Association has threatened to shut the gas agencies in Hoshiarpur district, alleging that a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040522   Woodside makes offer for stake in Israel's Leviathan gas field TEL AVIV: Australia's Woodside Petroleum has submitted a bid to buy a share of Leviathan, a huge natural gas find off Israel's Mediterranean shor... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040523   Sierra Leone formally approves ultra-deepwater offshore license award GIBRALTAR – Minexco and Signet Petroleum have formally executed a petroleum license with the Petroleum Directorate of Sierra Leone for offshore b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040524   US policy uncertainty delays LNG supply growth: BG Group SINGAPORE: Uncertainty about the volume of gas exports the United States will allow could be delaying gas development elsewhere in the world and ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040525   South Korea resumes Iranian oil imports SEOUL: South Korea is set to resume Iranian oil imports in October after crude cargoes were halted by EU sanctions in the previous two months, wi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040526   BP, Rosneft set up $25 bn-plus TNK-BP deal LONDON/MOSCOW: Rosneft and BP are preparing to announce a deal worth over $25 billion that could give the British oil company a stake of between ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040527   BP to reward investors, revisit Arctic after Rosneft deal LONDON: British energy giant BP was set to return money to shareholders and could relaunch plans to unearth Arctic oil following a huge strategic... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040528   Obama faces tough call on Iran oil sanctions WASHINGTON, Just weeks after the election, President Barack Obama will be faced with a pivotal decision on oil sanctions on Iran, in which he wil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040529   Iranian gas pipeline to Turkey bombed TEHRAN, Iranian media said Monday that saboteurs bombed a natural gas pipeline in Turkey, causing a disruption in the flow of supplies. Iran's st... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040530   S.Lanka's Ceypetco may close refinery on supply delay SINGAPORE/COLOMBO, Ceylon Petroleum Corp (Ceypetco) may be forced to shut Sri Lanka's sole 50,000 barrels-per-day oil refinery from Thursday for ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040531   Europe Gasoline/Naphtha-Weaker demand hits gasoline LONDON, Gasoline barge prices in northwest Europe remained under pressure on Monday in a lacklustre market as U.S. summer season demand has faded... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040532   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here