Petro Daily Newsletter

Headline Scan Tuesday -- August 27, 2013 Oil companies demand one-time hike in diesel price Country needs urgent tech solutions in energy sector: Pranab Libya Oil Exports Resume from Brega Libya warns will destroy tankers illegally exporting oil NYMEX-U.S. oil rises above $107 on gasoline gains, Mideast tension Brent oil prices end off 5-month high, Syria supports Saudi Aramco Eyes 30% in OPaL Project ASP report focuses on US tight oil boom Iraq blames Shell for $4.6 billion lost income Iran to approach big international oil firms for talks Pakistan mulls gas link for China South Sudan passes oil bill, waits president's approval China strives for greater natural gas production Brazil may delay Libra subsalt auction by a week Rs 8,000 crore cash subsidy to oil retailers on September 17 OVL to pay $2.6bn for 10% in Mozambique field ONGC pays a premium to secure supply lines HPCL to operate Vizag plant at 60 pct capacity for 10 days South Sudanese president calls off India visit at 11th hour See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil companies demand one-time hike in diesel price New Delhi, State-owned oil firms have demanded a one-time steep increase in diesel rates to make up for the widening losses on costlier imports a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044868   Country needs urgent tech solutions in energy sector: Pranab Dehradun: Expressing concern over India's insufficient energy resources, President Pranab Mukherjee today said the country needs quick technology... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044870   Libya Oil Exports Resume from Brega Oil exports from the Libyan port of Marsa al Brega have resumed after a force majeure was lifted as protesters ended their blockade of the termin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044882   Libya warns will destroy tankers illegally exporting oil TRIPOLI, Libya warned on Monday it will attack and destroy any tanker illegally exporting oil after forces last week fired at a Liberian-flagged ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044883   NYMEX-U.S. oil rises above $107 on gasoline gains, Mideast tension SINGAPORE - U.S. crude rose toward $107 a barrel on Monday, extending Friday's gain of more than $1 after gasoline prices surged on refinery outa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044884   Brent oil prices end off 5-month high, Syria supports NEW YORK, Brent crude oil prices eased off a five-month high of more than $111 a barrel on Monday, but remained strong as tensions in the Middle ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044885   Saudi Aramco Eyes 30% in OPaL Project NEW DELHI, Plans to enter Indian oil sector by picking up stake in Gujarat petrochem project.  The world's biggest oil pr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044886   ASP report focuses on US tight oil boom The American Security Project, a nonprofit and non-partisan public policy and research organization, has released a new report analyzing the geop... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044881   Iraq blames Shell for $4.6 billion lost income Iraq's oil ministry, struggling with sputtering output, has blamed Anglo-Dutch energy giant Shell over $4.6 billion in lost revenue due to produc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044880   Iran to approach big international oil firms for talks Tehran, Iran's new administration is set to invite international companies for talks as it looks to mitigate the effects of Western sanctions tha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044879   Pakistan mulls gas link for China ISLAMABAD, The Pakistani government said it expects to discuss the possible extension of a natural gas pipeline from Iran during talks this week ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044878   South Sudan passes oil bill, waits president's approval JUBA  - South Sudan's parliament has passed a long-awaited petroleum bill after years of consultation and waits for final approval by Presid... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044877   China strives for greater natural gas production BEIJING, Chinese state energy company PetroChina said it aims to accelerate the production of its domestic natural gas resources by targeting sha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044876   Brazil may delay Libra subsalt auction by a week RIO DE JANEIRO  - The auction of Brazil's massive offshore Libra subsalt field could be delayed by a week, head of the oil and gas regulator... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044875   Rs 8,000 crore cash subsidy to oil retailers on September 17 NEW DELHI: State-owned fuel retailers are likely to get Rs 8,000 crore cash subsidy on September 17 to make up for less than a third of losses th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044869   OVL to pay $2.6bn for 10% in Mozambique field New Delhi: In its fourth deal in one year, ONGC Videsh, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), on Monday said it will pay... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044871   ONGC pays a premium to secure supply lines Investors have reason to be displeased with Oil and Natural Gas Corp. Ltd's (ONGC) acquisition of a 10% additional stake in the Area 1 block in M... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044872   HPCL to operate Vizag plant at 60 pct capacity for 10 days NEW DELHI, Hindustan Petroleum Corp Ltd (HPCL.NS) will operate its 166,000 barrels per day (bpd) Vizag refinery at about 60 percent capacity for ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044873   South Sudanese president calls off India visit at 11th hour New Delhi: South Sudanese President Salva Kiir Mayardit on Monday called off his visit to India throwing off track New Delhi's plans to engage th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044874   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here