Petro Daily Newsletter

Headline Scan Tuesday -- August 03, 2010 To engage Iran, India looks to beat US, UN sanctions by being 'creative' Natural gas business seen future growth trigger for GAIL Indian shippers seek 'reservation' of oil cargo Petronet signs agreemnts with GAIL, IOCL, BPCL Policy to replace Nelp to take at least another three years Take back CBM blocks if progress not satisfactory GAIL's proposed mega-petrochem JV with RIL on back burner PSU oil firms' revenue losses may widen to Rs 57,000 cr RIL, Shell to develop technology EIL issue price fixed at Rs 290 NNPC premium heightens when global rates crash See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   To engage Iran, India looks to beat US, UN sanctions by being 'creative' New Delhi In the clearest indication so far of New Delhi's intent to do business with Tehran despite the growing international isolation of Iran ov... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028511   Natural gas business seen future growth trigger for GAIL Unlike its larger peer in the oil E&P industry, GAIL was able to shrug off the heavy subsidy burden in the June '10 quarter and post a handsome... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028512   Indian shippers seek 'reservation' of oil cargo Indian shipping companies are lobbying for a "first right of refusal" in carrying crude oil imported by public sector oil companies.The board of In... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028513   Petronet signs agreemnts with GAIL, IOCL, BPCL Petronet LNG Limited (PLL) and its off takers - GAIL, IOCL and BPCL have signed the downstream related agreements for supply of Regasified LNG from... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028514   Policy to replace Nelp to take at least another three years India will have to wait for another two to three years to shift to open acreage licensing policy (Oalp) for exploitation of hydrocarbon blocks. The... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028515   Take back CBM blocks if progress not satisfactory NEW DELHI: The Coal Ministry wants back blocks given to companies like Reliance Industries and UK's BP Plc for extraction of natural gas from coal ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028516   GAIL's proposed mega-petrochem JV with RIL on back burner State-run gas firm GAIL India has put on the back-burner plans to set up a mega petrochemical plant overseas in a joint venture with Reliance Indus... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028517   PSU oil firms' revenue losses may widen to Rs 57,000 cr Indian Oil Corp (IOC), Hindustan Petroleum and Bharat Petroleum have seen their revenue loss on fuel sale widening to Rs 57,000 crore this fiscal, ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028518   RIL, Shell to develop technology Country's most valued firm, Reliance Industries Limited (RIL) has joined hands with Shell India, an arm of Netherlands-based Royal Dutch Shell to d... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028519   EIL issue price fixed at Rs 290 The government on Monday set the issue price of Engineers India's follow-on public offer (FPO) at Rs 290 a share--the upper end of the price band o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028520   NNPC premium heightens when global rates crash Against the claims by handlers of the Nigerian National Petroleum Corporation (NNPC) Consolidated Insurance Package (CIP) that the rates from the i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028521   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here