Petro Daily Newsletter

Headline Scan Monday -- July 12, 2010 Petroleum Ministry wants govt to allow insurers to invest in OVL Natural gas drilling contaminates water, air ONGC in talks with Arrow for stake sale in 3 CBM blocks Nigeria to Generate 300,000 metric tones of LPGB Lanka IOC seeks fuel price hike NEPAL : NOC proposes 5-kg LPG cylinders for low-end consumers Oil Rises a Fourth Day as China's Crude Imports Climb to Record IOC, BPCL open to buying Shell retail outlets RIL faces key shale gas deadline Cairn-led team eyes price of $4.75/mBtu for Ravva gas RIL should bid to take over BP NRL embarks on Rs 700-cr wax project Oil smugglers defy sanctions on Iran Russia, Vietnam enhance oil, gas cooperation Iraqi Kurds crack down on fuel smuggling See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Petroleum Ministry wants govt to allow insurers to invest in OVL MUMBAI: In a bid to secure more funds for overseas oil and gas acquisition, the petroleum ministry, in a recent letter, has requested the finance m... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028211   Natural gas drilling contaminates water, air When people recklessly endanger the lives of others we call them criminals. When people who run corporations do, they call it cost cutting. British... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028215   ONGC in talks with Arrow for stake sale in 3 CBM blocks In a bid to get out of the trouble it faces in CBM (coal-bed methane) development in eastern India, ONGC is exploring several options, ranging from... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028209   Nigeria to Generate 300,000 metric tones of LPGB The Nigerian National Petroleum Corporation (NNPC) in conjunction with a team of Chinese investors and engineers from the China State Engineering C... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028218   Lanka IOC seeks fuel price hike Lanka IOC, Indian Oil's subsidiary in Sri Lanka, is strongly advocating a fuel price hike as the company is losing Rs. 13 per litre on petrol and R... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028219   NEPAL : NOC proposes 5-kg LPG cylinders for low-end consumers KATHMANDU: Nepal Oil Corporation (NOC) that has categorically refrained from adjusting liquefied petroleum gas (LPG) prices has pushed for introduc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028220   Oil Rises a Fourth Day as China's Crude Imports Climb to Record Oil rose for a fourth day in New York after China, the world's second-biggest energy consumer, increased crude imports to a record in June. Oil gai... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028222   IOC, BPCL open to buying Shell retail outlets State-run Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) are planning to bid for Shell India's retail outlets. Shell Indi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028207   RIL faces key shale gas deadline Mumbai, July 11: Atlas Energy Inc is stepping up the pace of drilling in its Marcellus shale gas prospecting site — a part of which it is developin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028208   Cairn-led team eyes price of $4.75/mBtu for Ravva gas Cairn India and its joint venture partners — Oil and Natural Gas Corporation, Videocon Industries (OOTC:VCNIF) , and Ravva Oil in the producing Eas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028212   RIL should bid to take over BP Its out-of-control Macondo well is spewing thousands of barrels of oil daily into the Gulf of Mexico, killing birds and sea life and ruining touris... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028213   NRL embarks on Rs 700-cr wax project GUWAHATI, The Numaligarh Refinery Ltd (NRL) has embarked on an ambitious Rs. 700-crore wax project for production of paraffin wax and microcrystall... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028214   Oil smugglers defy sanctions on Iran IN THE deadly game of diplomatic cat-and-mouse being played out between Iran and the West, the United States has announced further sanctions on the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028216   Russia, Vietnam enhance oil, gas cooperation MOSCOW, Russian state-run company Zarubezhneft and the Vietnam National Oil and Gas Group, PetroVietnam, signed three documents on advancing oil an... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028217   Iraqi Kurds crack down on fuel smuggling BAGHDAD: Iraq's northern Kurdish region is cracking down on fuel oil smuggling through the area and across Iraq's borders, the government of the se... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028221   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here