Petro Daily Newsletter

Headline Scan Friday -- November 16, 2012 Petrol price cut by 95 paise per litre Are Oil Reserves in Africa an Opportunity for Indian Firms? Oil falls on economic woes, Mideast turmoil on radar Government extends deadline for filling KYC form by LPG consumers You may Soon Get to Switch Your Gas Agency Kochi Refinery is BPCL's cog in the wheel of growth engine MALDA : LPG distribution office ransacked IOC sourcing more LPG locally to meet demand Petroleum Ministry assures speedy approval to Cairn India Cairn seeks Moily's help for additional exploration in Rajasthan oil fields SRI LANKA : Sri Lanka offshore oil bidding round next month BP close to agreeing to record oil spill fine Gazprom commits to South Stream gas link to Europe U.S. energy subsidies under microscope Australia Targets 85% Energy Generation From Renewable Sources By 2050 Saudi would need $320 oil in 2030 unless curbs demand: Report Mozambique to build its own refinery Brent crude climbs towards $110, Mideast tensions mount See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Petrol price cut by 95 paise per litre Petrol price was on Thursday (November 15) cut by 95 paise per litre, the second reduction in rates since October, on account of fall in internat... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040865   Are Oil Reserves in Africa an Opportunity for Indian Firms? TOO HOT TO HANDLE? The political risks of operating in East Africa are mammoth. While the local community often fears for its future land rights,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040869   Oil falls on economic woes, Mideast turmoil on radar CHICAGO, Oil prices tumbled on Thursday as a hefty unexpected jump in the weekly U.S. jobless data and disappointing corporate earnings renewed c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040883   Government extends deadline for filling KYC form by LPG consumers NEW DELHI: The government today extended by 15 days the deadline for filling the Know Your Customer (KYC) form by LPG consumers to month-end. In ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040866   You may Soon Get to Switch Your Gas Agency The government plans to allow consumers to switch cooking gas agencies like cellphone users change their service provider, and make sure that hou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040867   Kochi Refinery is BPCL's cog in the wheel of growth engine MUMBAI, It is a little over a decade since Kochi Refinery (KRL) entered Bharat Petroleum Corporation's fold as part of the Government's drive to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040868   MALDA : LPG distribution office ransacked MALDA: An LPG distributor's office at Sarbamangala Pally in English Bazaar police station area was ransacked and documents and equipment were set... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040870   IOC sourcing more LPG locally to meet demand Indian Oil Corporation, which meets more than 50 per cent of the demand for cooking gas in the State, is reducing its dependence on bulk supplies... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040871   Petroleum Ministry assures speedy approval to Cairn India New Delhi: After Vedanta Resources acquired a majority stake in Cairn India, the aim of chairman Anil Agarwal was to achieve crude production of ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040872   Cairn seeks Moily's help for additional exploration in Rajasthan oil fields NEW DELHI, Vedanta Resources Chairman Anil Agarwal has sought intervention of the new Oil Minister M Veerappa Moily to help his group firm Cairn ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040873   SRI LANKA : Sri Lanka offshore oil bidding round next month Sri Lanka will offer up to ten offshore oil blocks in a bidding round that may start as early as next month, Saliya Wickramasuriya director gener... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040874   BP close to agreeing to record oil spill fine Houston/Washington: BP Plc is expected to pay a record US criminal penalty and plead guilty to criminal misconduct in the Deepwater Horizon disas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040875   Gazprom commits to South Stream gas link to Europe MOSCOW, Gazprom and its partners in South Stream have made a final decision to invest in the 16 billion euro underwater gas pipeline, supporting ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040876   U.S. energy subsidies under microscope WASHINGTON, A U.S. Democratic lawmaker called on the federal government to examine subsidies for energy industries like oil and natural gas. U.S.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040877   Australia Targets 85% Energy Generation From Renewable Sources By 2050 According to the recently published energy white paper from the Australian government, renewable energy sources could provide 40% of Australia's ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040878   Saudi would need $320 oil in 2030 unless curbs demand: Report LONDON: Saudi Arabia will need steadily higher crude oil prices to balance its budget, reaching $320 per barrel by 2030, unless it curbs domestic... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040879   Mozambique to build its own refinery Maputo, Mozambique, Mozambican oil company Oilmoz – Investimentos e Participações ? has reached an agreement with "a sovereign fund" to finance c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040881   Brent crude climbs towards $110, Mideast tensions mount Brent crude rose towards $110 a barrel on Thursday as violence in the Gaza Strip sparked worries about supply disruption and offset concerns that... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040882   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here