Monday, August 2, 2010

Petro Daily Newsletter

 
Headline ScanMonday -- August 02, 2010
OMCs to float tenders for ethanol procurement at Rs 27 per litre
ATF prices to go up by 2.7% from midnight
SC upholds arbitration award on ONGC-Sumitomo dispute
KG D-6 gas to revive eight sick fertiliser PSUs
Proposed GST is too fractured for now
Tata Power, Deepak Fertilisers, MSEB to get ONGC gas
5 petrol pump managers held for not installing cctv cameras
Subir takes over as HPCL Chairman
BP set to apply permanent well cap
BP Puts Vietnam, Pakistan Assets Up for Sale to Raise Cash for Oil Spill
S. Korea signs deal for crude oil development, storage with UAE
Iraq delays gas bidding round to Oct 1 - officials
Iran resumes gas exports to Turkey - gas official
PetroVietnam offers efficient bio gasoline E5
Oil prices face uncertain trading week, eyes on US, Europe
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
OMCs to float tenders for ethanol procurement at Rs 27 per litre

Oil marketing companies (OMCs) will float tenders for ethanol procurement at Rs 27 per litre for a mandatory five per cent blending with petrol, on...

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ATF prices to go up by 2.7% from midnight

NEW DELHI: State-owned oil firms on Saturday raised jet fuel, or ATF, prices by 2.7 per cent after lowering the rates at the last fortnightly revis...

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SC upholds arbitration award on ONGC-Sumitomo dispute

NEW DELHI: The Supreme Court has upheld an arbitration award in a dispute between Oil & Natural Gas Corporation (ONGC) and Sumitomo Heavy Indus...

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KG D-6 gas to revive eight sick fertiliser PSUs

New Delhi: The empowered group of ministers headed by Pranab Mukherjee has decided to allocate natural gas from the Reliance Industries' D6 field i...

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Proposed GST is too fractured for now

The revised scheme for Goods and Services Tax (GST) which has now been announced by the Finance Minister on 21st July in the presence of the Empowe...

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Tata Power, Deepak Fertilisers, MSEB to get ONGC gas

Tata Power, Deepak Fertilisers, Maharashtra State Electricity Board (MSEB) and Mahanagar Gas Ltd are among the companies that will get ONGC's weste...

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5 petrol pump managers held for not installing cctv cameras

Greater Noida, Six months ago, the district magistrate, in view of Commonwealth Games and to provide better security,  had directed petrol pum...

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Subir takes over as HPCL Chairman

New Delhi Subir Roy Choudhury took over as Chairman and Managing Director of Hindustan Petroleum Corp Ltd. He takes over from Arun Balakrishnan, wh...

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BP set to apply permanent well cap

ABOARD THE DISCOVERER ENTERPRISE - For most of three months, this drilling ship was a front-row seat to roaring infernos of petroleum, pillars of s...

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BP Puts Vietnam, Pakistan Assets Up for Sale to Raise Cash for Oil Spill

BP Plc, seeking cash to help pay for the worst-ever U.S. oil spill, informed the governments of Vietnam and Pakistan that it put its production ass...

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S. Korea signs deal for crude oil development, storage with UAE

SEOUL, South Korea's state-run oil company has signed an exploration and storage arrangement with the United Arab Emirates (UAE) that could al...

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Iraq delays gas bidding round to Oct 1 - officials

ISTANBUL, Iraq has pushed back by a month the date of an auction for international firms that want to develop three of its gas fields, company...

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Iran resumes gas exports to Turkey - gas official

TEHRAN - Iranian natural gas began flowing to Turkey again on Saturday after a damaged pipeline linking the two countries was repaired, the Ir...

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PetroVietnam offers efficient bio gasoline E5

Bio petrol, an environmentally friendly product, will be sold in five cities across the country, including Ho Chi Minh City, Hanoi, Vung Tau, Hai P...

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Oil prices face uncertain trading week, eyes on US, Europe

Oil prices face an uncertain trading week ahead as US production figures failed to excite last Friday, while in Europe several banks are due to rep...

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