Petro Daily Newsletter

Headline Scan Tuesday -- June 29, 2010 India: Congress not worried about fuel fallout ICRA upgrades the long term rating of IOC India oil refinery output jumps sharply Deregulation bounty may elude ONGC, OIL Reliance Industries finds more oil in Cambay basin States should take blame for high fuel prices OPEC: US should reconsider offshore drilling ban Methane poses new danger in Gulf of Mexico OPEC Threatens To Sanction Nigeria, Others Over Quota Violation Total stops petrol sales to Iran Belarus to seek alternatives to Russian energy Platts Launches Daily LNG Price Points for Southwest and Northwest Europe Tanzania's oil prospects get even brighter NYMEX-Crude slips as storm Alex threat seen eased See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   India: Congress not worried about fuel fallout NEW DELHI: Under attack from the opposition for the latest spike in the fuel prices, Congress on Monday blamed the previous NDA regime for the firs... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028028   ICRA upgrades the long term rating of IOC Credit rating agency, ICRA has upgraded the long term rating on outstanding Rs 45.89 billion long-term bonds programme of Indian Oil Corporation (I... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028030   India oil refinery output jumps sharply NEW DELHI, India's annual refinery output grew 7.7 percent in May, its highest jump since July 2008, driven by positive margins and growing lo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028032   Deregulation bounty may elude ONGC, OIL New Delhi: Even as the Street celebrates the government's move to unshackle petrol and possibly, diesel prices, some analysts have called for cauti... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028035   Reliance Industries finds more oil in Cambay basin India's biggest conglomerate whose businesses span petrochemicals, refining, oil and gas exploration and retail said the current flow was at 410 ba... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028029   States should take blame for high fuel prices The government's decision to deregulate prices of petrol and diesel and marginally increase that of kerosene and cooking gas has invited sharp rebu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028033   OPEC: US should reconsider offshore drilling ban OPEC called Monday on the United States to reconsider a ban on new deep-water drilling that could hold back oil supplies, despite safety concerns i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028036   Methane poses new danger in Gulf of Mexico Recent reports are indicating that as much as 1 million times the normal level of methane is showing up near the Gulf of Mexico oil spill, enough t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028037   OPEC Threatens To Sanction Nigeria, Others Over Quota Violation Organisation of Petroleum Exporting Countries (OPEC) on Monday bemoaned the level of compliance of its members, one of which is Nigeria, to oil pro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028038   Total stops petrol sales to Iran Iran cannot refine enough petrol for its domestic needs French energy company Total says it has stopped petrol deliveries to Iran, amid growing int... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028039   Belarus to seek alternatives to Russian energy MOSCOW, Belarus will seek alternatives to Russian energy supplies, but there will be no trade war between Minsk and Moscow, said the country's... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028040   Platts Launches Daily LNG Price Points for Southwest and Northwest Europe LONDON, Platts, the world's leading energy information provider, today announced it has begun publishing daily price assessments for liquefied... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028041   Tanzania's oil prospects get even brighter A recently concluded geological assessment in Tanzania's Southern offshore deep oil exploration project has shown prospective resource potentials o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028042   NYMEX-Crude slips as storm Alex threat seen eased NEW YORK, U.S. crude oil futures fell on Monday as the threat from Tropical Storm Alex to U.S. Gulf of Mexico oil and natural gas production eased,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028043   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here