Petro Daily Newsletter

Headline Scan Tuesday -- September 03, 2013 Moily Gets Tough, Proposes 10 Options for Fuel Pricing Indraprastha Gas to invest Rs 400 crore in network expansion across India Samsung Heavy wins $955 million deals to build LNG ships, drillship Brent oil near $113, hits one-week low as Syria worries ease Lebanon caretaker government should approve offshore licensing decrees: speaker Kiir heads to Sudan as oil deadline looms EU Approves Nynas Buy of Shell Harburg Refinery Assets 'No Move to Shut Pumps at Night' ATF price hiked by steep 6.9%, rates at lifetime high Deregulate diesel prices, now US : Bad Ethanol Policy Is a Job Killer OPEC Output Lowest Since June 2011 Asian refiners fret over Iraq crude supply uncertainty US Water Lessons Applicable to Argentina Shale Development Coal India's subsidiary plans to auction two blocks for underground coal gasification LUCKNOW : CNG: Cheap option but still 'out of reach' Asia Naphtha-India's MRPL sells at lowest premium since mid-2012 Deadlock continues over Shipping Corp tanker detained in Iran See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Moily Gets Tough, Proposes 10 Options for Fuel Pricing Oil minister Veerappa Moily has proposed 10 options for fuel pricing to the prime minister, including a suggestion for a sharp increase in rates ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044973   Indraprastha Gas to invest Rs 400 crore in network expansion across India NEW DELHI: Making a formal announcement on acquiring 50% stake in Central UP Gas limited (CUGL), Indraprastha Gas Limited (IGL) is looking to exp... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044975   Samsung Heavy wins $955 million deals to build LNG ships, drillship SEOUL: South Korea's Samsung Heavy Industries Co Ltd said on Monday it won an order worth 446.5 billion Korean won ($402.23 million) to build two... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044989   Brent oil near $113, hits one-week low as Syria worries ease SINGAPORE: Brent futures fell more than a dollar to a one-week low below $113 on Monday, with supply disruption worries receding as a military st... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044990   Lebanon caretaker government should approve offshore licensing decrees: speaker Nicosia, Lebanon's caretaker government, led by Najib Miqati, should meet to pass two decrees needed for the country's first offshore licensing r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044988   Kiir heads to Sudan as oil deadline looms Khartoum/Juba - South Sudan's President Salva Kiir will visit Sudan on Tuesday for talks with President Omar Hassan al-Bashir, officials said on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044987   EU Approves Nynas Buy of Shell Harburg Refinery Assets BRUSSELS--The European Commission has cleared Nynas AB's purchase of some refinery assets in northern Germany from the German unit of Royal Dutch... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044986   'No Move to Shut Pumps at Night' Oil minister Veerappa Moily faced a barrage of criticism for proposing higher fuel prices. The proposals led to fears of drastic steps being unde... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044974   ATF price hiked by steep 6.9%, rates at lifetime high New Delhi, Jet fuel (ATF) prices have been hiked by a steep 6.9%, taking the rates to lifetime high of Rs. 75,031 per kilolitre. ATF had last sca... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044976   Deregulate diesel prices, now The Centre needs to show some spunk and promptly decontrol diesel prices to arrest the unwarranted consumption subsidies on fuel that are anyway ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044977   US : Bad Ethanol Policy Is a Job Killer Like most ideas in Congress, the Renewable Fuel Standard was rooted in good intention. Enacted in 2005 by President George W. Bush and with stron... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044985   OPEC Output Lowest Since June 2011 OPEC's oil production fell to its lowest level since June 2011 in August as protests at many of Libya's key oil exporting ports saw the country's... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044984   Asian refiners fret over Iraq crude supply uncertainty SINGAPORE, Asian refiners are grappling with supply uncertainty from Iraq as field and port maintenance and inadequate infrastructure prevent one... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044983   US Water Lessons Applicable to Argentina Shale Development Securing adequate water resources will be critical for exploration and production companies seeking to tap Argentina's shale resources, an expert... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044982   Coal India's subsidiary plans to auction two blocks for underground coal gasification KOLKATA: Central Mine Planning & Design Institute, a subsidiary of Coal India, plans to auction two blocks for underground coal gasification,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044981   LUCKNOW : CNG: Cheap option but still 'out of reach' Lucknow, Cheaper and fuel-efficient Compressed Natural Gas (CNG) vehicles may have come as a relief for the common man, but getting a refill each... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044980   Asia Naphtha-India's MRPL sells at lowest premium since mid-2012 SINGAPORE,  - India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold a September naphtha cargo at about $21 a tonne above Middle ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044979   Deadlock continues over Shipping Corp tanker detained in Iran Bangalore: For Sukvinder Singh Cheema, the voyage on board MT Desh Shanti from Basrah in Iraq to Visakhapatnam was to be his last as the captain ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000044978   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here