Petro Daily Newsletter

Headline Scan Monday -- July 26, 2010 ONGC, OIL likely to foot cooking fuel subsidy bill India plans to launch shale gas auction in august 2011 Tax relief hope in gas hunt HPCL to make own ethanol for petro-blending PCPIR land acquisition on fast track OMCs: Dependence on Centre to stunt growth IOC reports net loss of Rs 3,388.49 crore in Q1 Indian Oil Posts Loss After Selling Fuels Below Cost Bid for Surat-Paradip pipeline by next week Orissa may get Rs 274134 crore investment in Petroleum sector Remarks of Kerala CM About Taxes on Petrol and Diesel BP plans to divest upstream operations in Pakistan Gazprom and CNPC held another round of negotiations Shell offers last-chance bid on refinery Koreans up bid for Dana Petroleum to nearly £1.7bn See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   ONGC, OIL likely to foot cooking fuel subsidy bill New Delhi: The two government-owned oil producers, Oil and Natural Gas Corp (ONGC) and Oil India (OIL), will continue to share the petroleum-relate... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028398   India plans to launch shale gas auction in august 2011 Major Indian energy companies like Reliance Industries Ltd (RIL), which have so far been scouting overseas for shale gas resources, may get a chanc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028399   Tax relief hope in gas hunt New Delhi, July 25: Moves are afoot to keep the tax incentives in natural gas during the next round of bidding for oil and gas blocks.The Planning ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028400   HPCL to make own ethanol for petro-blending At a time when the ethanol-petrol blending programme has met with only partial success, government-controlled Hindustan Petroleum Corporation Ltd (... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028401   PCPIR land acquisition on fast track The land acquisition process for PCPIR (Petroleum, Chemicals and Petrochemicals Investment Region) hub proposed to be set up at Paradip is on the f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028402   OMCs: Dependence on Centre to stunt growth The investor frenzy engulfing the three oil marketing companies (OMCs) as the government announced partial price decontrol in the last week of June... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028403   IOC reports net loss of Rs 3,388.49 crore in Q1 NEW DELHI: State-owned Indian Oil Corporation (IOC) today reported a net loss of Rs 3,388.39 crore in the first quarter, ended June 30 on account o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028404   Indian Oil Posts Loss After Selling Fuels Below Cost Indian Oil Corp., the nation's biggest state-owned refiner, reported an unexpected first- quarter loss after the government failed to compensate th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028405   Bid for Surat-Paradip pipeline by next week Bhubaneswar The Petroleum and Natural Gas Regulatory Board (PNGRB) is likely to float a bid for the Surat-Paradip pipeline by next week."By next we... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028406   Orissa may get Rs 274134 crore investment in Petroleum sector Bhubaneswar: The Petroleum and Natural Gas Regulatory Board moots strong regulatory measures in Paradip region for the upcoming investment in Oriss... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028407   Remarks of Kerala CM About Taxes on Petrol and Diesel The Chief Minister, Kerala during the NDC meeting held yesterday, made a statement that Central taxes account for 51% and 31% of retail sale price ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028408   BP plans to divest upstream operations in Pakistan British Petroleum Plc has informed the government about its decision to divest exploration and production operations in Pakistan by the year end.Ms... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028409   Gazprom and CNPC held another round of negotiations Another round of commercial negotiations relevant to arranging Russian gas supply to China was held between Gazprom and China National Petroleum Co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028410   Shell offers last-chance bid on refinery Shell Canada gave Delek Group a 48-hour deadline yesterday to renew talks for the sale of its Montreal East oil refinery, saying it wants to give t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028411   Koreans up bid for Dana Petroleum to nearly £1.7bn South Korea's national oil company KNOC has upped its bid for Aberdeen's Dana Petroleum to nearly £1.7billion.The Far Eastern firm revealed yesterd... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000028412   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here