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Thursday, October 18, 2012

Petro Daily Newsletter

 
Headline ScanFriday -- October 19, 2012
Will provide only 6 subsidised cylinders in all states: OMCs
Armed groups blast oil pipeline in eastern Syria
50% gas connections not genuine in Bihar
2 oil marketing firms eye stake in Nagarjuna refinery
IEA keen on India becoming a member
By July, cash transfers for cooking gas
Rupee gains help oil PSUs cut revenue loss by over Rs 16K cr
Petronet LNG targets power sector sales; talking to 5 firms
SABIC Endorses India's Petrochemical Industry Growth Potential
Conditional defence clearance for oil & gas hunt in 59 blocks
Cash Rich Cairn to Drill in the Atlantic
BP receives offer from Rosneft for its stake in TNK-BP: Source
Bangladesh has sought Kuwait assistance to set up an oil refinery
Iranian oil companies to file complaint against EU's "illegal" sanctions
Baku running out of patience with BP
U.S. Oil Boom Upends Nigerian Exports
Brent oil falls towards $113 on EIA stocks data
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Will provide only 6 subsidised cylinders in all states: OMCs
New Delhi, After consumers exhaust the year's quota of six subsidised liquefied petroleum gas (LPG) cylinders announced by the Union government, ...
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Armed groups blast oil pipeline in eastern Syria
Damascus, Armed groups blasted Thursday an oil pipeline in Syria's eastern province of Deir al-Zour, the state TV said. The pipe was blasted at a...
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50% gas connections not genuine in Bihar
Patna, There are 41 lakh liquefied petroleum gas (LPG) consumers in the state. But, as per the estimates of oil marketing companies (OMCs), nearl...
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2 oil marketing firms eye stake in Nagarjuna refinery
KOLKATA/CHENNAI, Nagarjuna Oil Corporation Ltd (NOCL) is likely to take on a new partner to implement the 12-million tonne refinery coming up in ...
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IEA keen on India becoming a member
New Delhi: The International Energy Agency (IEA) is keen that India, the world's fourth largest energy-consuming nation, becomes a member of the ...
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By July, cash transfers for cooking gas
NEW DELHI: Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of...
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Rupee gains help oil PSUs cut revenue loss by over Rs 16K cr
New Delhi: Appreciation in rupee value against the US dollar has helped cut revenue loss of state-run fuel retailers by over Rs 16,000 crore in t...
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Petronet LNG targets power sector sales; talking to 5 firms
KOLKATA, Petronet LNG hopes to sell gas to the power sector from its proposed terminal at Gangavaram port in Andhra Pradesh. The company has to s...
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SABIC Endorses India's Petrochemical Industry Growth Potential
SABIC expressed its confidence in India's petrochemical industry growth opportunities, and its commitment to continue strengthening its market pr...
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Conditional defence clearance for oil & gas hunt in 59 blocks
NEW DELHI: After protracted delays, the defence authorities have cleared beginning of oil and gas hunt in 59 offshore areas but with the stringen...
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Cash Rich Cairn to Drill in the Atlantic
Oil explorer Cairn hails strong balance sheet as it confirms drilling programme offshore Morocco and Greenland. The Edinburgh-based Cairn Energy ...
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BP receives offer from Rosneft for its stake in TNK-BP: Source
LONDON: British oil firm BP has received an offer for its 50 per cent stake in Russian oil producer TNK-BP according to a source familiar with th...
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Bangladesh has sought Kuwait assistance to set up an oil refinery
Bangladesh has sought Kuwait assistance to set up an oil refinery in the country. Foreign Minister Dr Dipu Moni requested Kuwait Prime Minister S...
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Iranian oil companies to file complaint against EU's "illegal" sanctions
TEHRAN, — Iranian private oil companies plan to lodge a complaint against the European Union (EU) in international courts in protest of the bloc'...
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Baku running out of patience with BP
BAKU, Azerbaijan, -- BP is "warned for the last time" that it must meet its obligations at the giant offshore Azeri-Chirag-Guneshli oil field, an...
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U.S. Oil Boom Upends Nigerian Exports
A surge in unconventional U.S. energy production has been a boon for the world's largest oil-consuming economy, but it could come at a significan...
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Brent oil falls towards $113 on EIA stocks data
LONDON: Brent crude oil fell towards $113 on Wednesday after data showed a bigger-than-expected rise in U.S. crude stockpiles, underlining worrie...
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