Petroleum Products Updates

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1. NNPC, PPMC earn N933bn from petroleum products sales

   Vanguard

   NIGERIAN National Petroleum Corporation, NNPC, and its subsidiary, the Pipeline and Products Marketing Company, PPMC, earned N933.289 ...

2. Oil Minister asks states to help bring petroleum products under GST

   ETAuto.com

   INDORE: Oil Minister Dharmendra Pradhan has nudged the states to agree on bringing all petroleum productsunder the Goods and Services Tax ...

3. Indonesia, Malaysia eye trade expansion beyond palm oil, petroleum

   Jakarta Post

   Indonesia and Malaysia expect to see an increasing volume of goods other than palm oil and petroleum products flowing between the two nations in ...

4. IGL chief bats for inclusion of natural gas products in GST

   Daily News & Analysis

   However, he said, it was Reliance Industries Limited's mega refinery Jamnagar and other petroleum productcompanies in Gujarat, which shell out ...

5. Buckeye Partners to acquire 50% of VTTI, a Vitol Group company

   PR Newswire (press release)

   It is one of the largest independent liquid petroleum products pipeline operators in the United States in terms of volumes delivered, with approximately ...
   Buckeye Partners (BPL) Enters Agreement to Acquire 50% Stake in VTTI BV for $1.15B - StreetInsider.com

   Buckeye Partners buys half of marine terminal company for $1.15 billion - Reuters

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6. How $15b Nigeria-India deal will tackle forex crisis

   Guardian

   ... the coming on board of Dangote refineries has the potential to end the supply/demand gap for petroleum products in the country,” the analysts said.
   $15bn Upfront Payment: Hope Rises For Nigeria's Ailing Foreign Reserves - Leadership Newspapers

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7. Magellan Midstream Broadly Tracked Sector Returns in 2016

   Market Realist

   MMP owns one of the longest refined petroleum products pipeline systems in the United States, with access to nearly 50% of the country's refining ...
   How Most Analysts See Magellan ahead of Its 3Q16 Results - Market Realist

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8. Transportation Safety Board launches investigation into tug running aground near Bella Bella

   News Talk 770 Calgary

   There will also be new route restrictions in place for all vessels transporting petroleum products through all compulsory areas; the new regulations will ...

9. 'If you invest in Vidisha, you'll get triple benefit'

   Times of India

   Seeking Chouhan's help, he said: "In the last 3-4 years, there is a healthy growth of petroleum products in MP. I request the CM to agree to this.

10. From NELP TO HELP: Can a new policy transform the oil and gas exploration and production ...

    Financial Express

    India is the 3rd largest consumer of crude oil and petroleum products with oil and gas contributing 34.4% to primary energy consumption.