Petro Daily Newsletter

Headline Scan Friday -- October 25, 2013 Bharat Petroleum eyeing shale gas success in Australia Oil firms' dollar window could be narrowed Brent edges up towards $108, positive Chinese data offsets US stocks build India to spend $2.2 billion to triple crude oil reserve Natural gas futures erase losses after U.S. supply data Oil producers Cenovus, Husky say refining margins shrink Indonesia halts refinery talks with Kuwait, Saudi -Pertamina official Only U.S., Canada produce commercial quantities of shale natural gas U.S. offers gas support to Pakistan Putin lauds start of natural gas extraction from Sea of Okhotsk 19 Indonesian oil, gas exploration wells may be delayed over land tax France's Total developing natural gas field off Argentina Aadhaar-based DBT of LPG will be extended to 21 districts in Karnataka State's first bio-diesel pump to come up at Pimpri-ChinchwadE Iran gas imports plans 'death sentence for Pakistani economy' Cairn India seeks partner to hunt for shale resources in Rajasthan block U.S. oil prices rise, gasoline supports as Brent/WTI narrows Cairn keen to pick up 50% stake in Rajasthan gas distribution project See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Bharat Petroleum eyeing shale gas success in Australia Mumbai, After having witnessed promising results in its upstream assets of Mozambique and Brazil, the country's second-biggest fuel retailer, Bha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045745   Oil firms' dollar window could be narrowed As the volatility in the rupee has reduced since end-August, the Reserve Bank of India (RBI) is likely to  ask the government-owned oil mark... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045739   Brent edges up towards $108, positive Chinese data offsets US stocks build SINGAPORE, Brent crude futures edged up towards $108 a barrel on Thursday after positive economic data from China, the world's second-largest oil... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045754   India to spend $2.2 billion to triple crude oil reserve New Delhi: India, Asia's second-largest energy user, will spend $2.2 billion to more than triple its proposed emergency crude oil reserves as it ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045738   Natural gas futures erase losses after U.S. supply data Natural gas futures trimmed losses to trade little changed on Thursday, despite U.S. government data showing that natural gas supplies rose more-... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045753   Oil producers Cenovus, Husky say refining margins shrink Canadian oil producers Cenovus Energy Inc and Husky Energy Inc said their refining margins were hurt as the price difference between crude oil an... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045752   Indonesia halts refinery talks with Kuwait, Saudi -Pertamina official JAKARTA - Indonesia has broken off talks on building two new refineries with Kuwait Petroleum and Saudi Aramco due to disagreements over tax issu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045751   Only U.S., Canada produce commercial quantities of shale natural gas WASHINGTON, The United States and Canada are the only countries producing commercial quantities of shale natural gas, a U.S. energy agency said. ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045750   U.S. offers gas support to Pakistan WASHINGTON, The U.S. and Pakistani governments committed to meeting at the working group level to discuss Pakistan's domestic gas reserves, the W... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045749   Putin lauds start of natural gas extraction from Sea of Okhotsk MOSCOW, Russian President Vladimir Putin heralded the start of Gazprom's extraction of natural gas from the Sea of Okhotsk. "Today, we are presen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045748   19 Indonesian oil, gas exploration wells may be delayed over land tax Jakarta, Some oil and gas companies operating in Indonesia are likely to delay their commitments to drill 19 exploration wells in offshore areas ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045747   France's Total developing natural gas field off Argentina BUENOS AIRES - France's Total said on Wednesday it is investing $850 million to develop a deep water natural gas field off the southern coast of ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045746   Aadhaar-based DBT of LPG will be extended to 21 districts in Karnataka The State government and banks, based on the Centre's guidelines, have decided to implement the Aadhaar-based Direct Benefit Transfer of LPG (DBT... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045744   State's first bio-diesel pump to come up at Pimpri-ChinchwadE A first bio-diesel pump in the state will come up at Pimpri-Chinchwad by December. The pump will be operated by Pune-based company My Eco Energy.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045743   Iran gas imports plans 'death sentence for Pakistani economy' ISLAMABAD: Pakistan's plan to import natural gas by pipeline from neighboring Iran would be an economic "death sentence" for the country because ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045742   Cairn India seeks partner to hunt for shale resources in Rajasthan block MUMBAI: Cairn India is keen to partner global leaders to hunt for shale resources in its prolific Rajasthan block and wants a policy regime to al... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045740   U.S. oil prices rise, gasoline supports as Brent/WTI narrows NEW YORK, U.S. oil futures recouped losses in choppy trade on Thursday while European Brent crude slid, as traders bet that an abrupt slump earli... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045755   Cairn keen to pick up 50% stake in Rajasthan gas distribution project Anil Agarwal-led Cairn India Ltd has expressed interest in picking up a 50% stake in an upcoming joint venture (JV) project by Rajasthan State Pe... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045741   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here