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Wednesday, October 2, 2013

Petro Daily Newsletter

 
Headline ScanThursday -- October 03, 2013
Parikh panel may endorse OilMin view on export parity
Get small LPG cylinders at petrol pumps from Oct 5
BPCL to open 2,000 outlets in rural India
Oil rises, Brent/WTI spread narrows on Keystone news
U.S. won't displace OPEC
AUSTRALIA : Chevron signs long term LNG contracts
Lebanon launches onshore oil and gas survey
Russia's Lukoil plans exit from Venezuela oil project - source
Santos closes down Bangladesh's only offshore gas field
MUMBAI : Soon, piped gas in Vasai and Virar
S Varadarajan takes charge as BPCL CMD
Projects on Finishing Line to Boost MRPL's Margins
BC Tripathi leads race for Indian Oil Corp top job
India aims to cut Iran oil imports by 15 pct - oil secretary
Andhra Pradesh to get additional gas
Diesel Under-Recovery remains high at Rs 10.51/litre despite redution
Gujarat cities to get cheaper gas at Delhi, Mumbai rate
Petroleum Ministry says time not right for IOC disinvestment
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Parikh panel may endorse OilMin view on export parity
The Kirit Parikh panel on fuel pricing is likely to rule out export parity pricing for oil marketing companies. The panel's suggestion would give...
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Get small LPG cylinders at petrol pumps from Oct 5
As part of a series of customer empowering initiatives, the Ministry of Petroleum and Natural Gas is set to commence the sale of five-kg gas cyli...
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BPCL to open 2,000 outlets in rural India
BHARAT Petroleum Corporation (BPCL) plans to set up around 2,000 retail outlets across India by 2015, as the company aims to bring the untouched ...
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Oil rises, Brent/WTI spread narrows on Keystone news
NEW YORK, Crude oil prices ended with their largest gain in two weeks on Wednesday following news that TransCanada Corp's Keystone XL Gulf Coast ...
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U.S. won't displace OPEC
LONDON, Oil production gains from the United States won't displace Middle East producers from the market, chief energy leaders said in London. Th...
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AUSTRALIA : Chevron signs long term LNG contracts
ENERGY giant Chevron has signed long term agreements to supply liquified natural gas (LNG) to a Japanese company from its $30 billion Wheatstone ...
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Lebanon launches onshore oil and gas survey
BEIRUT  - Lebanon launched an onshore oil and gas survey on Wednesday, hoping that promising results from surveys of its Mediterranean water...
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Russia's Lukoil plans exit from Venezuela oil project - source
MOSCOW, Russia's No.2 crude oil producer Lukoil plans to leave a Russian consortium developing a large oil project in Venezuela, a source close t...
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Santos closes down Bangladesh's only offshore gas field
DHAKA - Bangladesh's only offshore gas field stopped permanently on Tuesday due to its uncommercial level of production. "Santos, an Australian o...
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MUMBAI : Soon, piped gas in Vasai and Virar
MUMBAI: The Petroleum and Natural Gas Regulatory Board (PNGRB) is paving the way for giving out piped natural gas (PNG) connections in Vasai, Vir...
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S Varadarajan takes charge as BPCL CMD
GUWAHATI: S Varadarajan today took over charge as Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) from the outgoing...
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Projects on Finishing Line to Boost MRPL's Margins
It was a coincidence that the shares of Mangalore Refinery & Petrochemicals (MRPL) hit the lowest level in a decade recently, when it has jus...
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BC Tripathi leads race for Indian Oil Corp top job
NEW DELHI: GAIL Chairman and Managing Director BC Tripathi is leading the race to become the next Chairman of Indian Oil Corp, the nation's large...
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India aims to cut Iran oil imports by 15 pct - oil secretary
NEW DELHI  - India aims to cut Iranian crude imports by 15 percent this fiscal year, the oil secretary said on Tuesday, differing from the o...
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Andhra Pradesh to get additional gas
HYDERABAD: Andhra Pradesh is to get additional 1.5 million square cubic meters of gas from ONGC's Krishna-Godavari basin, starting this December....
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Diesel Under-Recovery remains high at Rs 10.51/litre despite redution
The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas has reviewed international prices of crude oil an...
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Gujarat cities to get cheaper gas at Delhi, Mumbai rate
AHMEDABAD: Gujarat's cities will get cheaper gas. The Supreme Court on Monday upheld a Gujarat high court order passed last year directing the Ce...
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Petroleum Ministry says time not right for IOC disinvestment
The Petroleum Ministry has opposed the disinvestment of government stake in Indian Oil Corp (IOC) in current market conditions, saying the countr...
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