Tuesday, August 10, 2010

Petro Daily Newsletter

 
Headline ScanTuesday -- August 10, 2010
BPCL's 1.5 mn bbl crude stranded at Mumbai port
PSUs out of 25% public float norm
Restrict state-run explorers to promote private operators
Q&A: S Sundareshan, Petroleum Secretary
Govt identifies 17 categories of highly polluting industries
Oil India to spend Rs 100 crore to explore shale gas
Govt may stop inviting bids after Nelp IX
Govt fixes higher price for ONGC gas from new fields
Crude delivery hit by ships colliding off Mumbai
Oil sands production of toxins growing rapidly, data show
VIENNA 14 Sep 2010 OPEC marks 50 years since its founding
OPEC crude output 29.22 mn b/d in July
Gas companies say Iranian contracts stand
Iran And China To Enhance Relations In Oil And Gas Sector
Iraq Confirms It Will Allow Transit Of Iran Gas To Med States
Oil rises as Fed expected to keep dollar cheap
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
BPCL's 1.5 mn bbl crude stranded at Mumbai port

Three crude tankers holding about 1.5 million barrels of crude oil for Bharat Petroleum Corporation (BPCL) are stranded at the Mumbai port, which h...

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PSUs out of 25% public float norm

NEW DELHI: The finance ministry has exempted state-owned firms from the recent rule that requires listed companies to achieve at least 25% public h...

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Restrict state-run explorers to promote private operators

NEW DELHI: As the government prepares to launch the 9th round of bidding for oil and gas areas, private operators have demanded that participation ...

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Q&A: S Sundareshan, Petroleum Secretary

The Ministry of Petroleum and Natural Gas is never short of activity but ever since S Sundareshan took charge as petroleum secretary in February, s...

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Govt identifies 17 categories of highly polluting industries

The Central Pollution Control Board (CPCB) has identified 17 categories of highly polluting industries which may emit harmful gases, the Rajya Sabh...

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Oil India to spend Rs 100 crore to explore shale gas

Country's second-largest state-owned explorer, Oil India Limited (OIL), will spend up to Rs 100 crore to evaluate the economic feasibility of shale...

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Govt may stop inviting bids after Nelp IX

New Delhi: The government may stop inviting bids for rights to explore oil and gas under New Exploration Licensing Policy IX (Nelp) terms, replacin...

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Govt fixes higher price for ONGC gas from new fields

In a big boost to Oil and Natural Gas Corp (ONGC), the government has approved up to 25 per higher price for natural gas the state-owned firm may p...

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Crude delivery hit by ships colliding off Mumbai

MUMBAI/NEW DELHI - The collision of two cargo ships off Mumbai at the weekend shut India's busiest port on Monday, caused an oil slick and sta...

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Oil sands production of toxins growing rapidly, data show

Canada's oil sands mining operations produce vast and fast-growing quantities of deadly substances, including mercury, heavy metals and arsenic, ne...

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VIENNA 14 Sep 2010 OPEC marks 50 years since its founding

The Organization of the Petroleum Exporting Countries turns 50 on 14 Sep in 2010. OPEC was established at the Baghdad Conference on 10-14 Sep 1960 ...

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OPEC crude output 29.22 mn b/d in July

LONDON The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production output averaged 29.22 million barrels per ...

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Gas companies say Iranian contracts stand

A 25-year contract with the National Iranian Oil Co. to export natural gas from Iran remains in force, an Emirati gas company announced. The semiof...

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Iran And China To Enhance Relations In Oil And Gas Sector

Iran's oil minister met Chinese vice premier on Friday and agreed on enhancing relations between the two countries, especially in the oil and gas s...

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Iraq Confirms It Will Allow Transit Of Iran Gas To Med States

Iraq confirmed Monday that it has told its neighbor, Iran, that it is ready to allow the transit of Iranian natural gas destined for Syria and Medi...

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Oil rises as Fed expected to keep dollar cheap

NEW YORK (Reuters) - Oil rose for the first time in four sessions on Monday, edging back above $81 a barrel on expectations that the U.S. Federal R...

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