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Sunday, October 27, 2013

Petro Daily Newsletter

 
Headline ScanMonday -- October 28, 2013
Uniform pricing for CNG likely in 2 months
Over 90 lakh LPG buyers' Aadhaar linked to bank A/Cs
WTI Oil Poised for Biggest Weekly Loss Since June on Supply Gain
Crude oil futures - weekly outlook: Oct. 28 - Nov. 1
Natural gas futures - weekly outlook: Oct. 28 - Nov. 1
Petrobras to Finish Refinery Alone After Venezuela Fails
Iran's oil industry is trying for a comeback
Iraq oil exports plunge to 19-month low: ministry
Oil service firms rush to Saudi Arabia for busy drilling year ahead
Kenyan official seeks government action as oil drilling halted
Tullow Oil suspends work at two Kenya exploration blocks
GOA : Tar ball deposits on goa beaches affecting marine life
Bharat Petroleum Corp Ltd cancels naphtha cargo from Mumbai
Petronet hires 4th LNG tanker from SCI-Japanese consortia
ONGC petro complex in Dahej PCPIR to function by next year
Refining industry needs more reform
GAIL to set up Rs 3,108 cr LNG terminal at Paradip
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Uniform pricing for CNG likely in 2 months
The ministry of petroleum and natural gas is set to come up with a proposal to have uniform Compressed Natural Gas (CNG) pricing across the count...
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Over 90 lakh LPG buyers' Aadhaar linked to bank A/Cs
The government has completed seeding of Aadhaar numbers in bank accounts of 40 per cent of the targeted LPG customers in the first two phases of ...
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WTI Oil Poised for Biggest Weekly Loss Since June on Supply Gain
West Texas Intermediate swung between gains and losses as it headed for the biggest weekly decline since June, amid speculation that record U.S. ...
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Crude oil futures - weekly outlook: Oct. 28 - Nov. 1
New York-traded crude oil futures edged higher on Friday, but prices still posted their third consecutive weekly decline amid concerns over the w...
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Natural gas futures - weekly outlook: Oct. 28 - Nov. 1
Natural gas futures rallied almost 2% on Friday, as market participants continued to focus on weather forecasts to gauge the strength of demand f...
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Petrobras to Finish Refinery Alone After Venezuela Fails
RIO DE JANEIRO – Brazilian state-controlled oil company Petrobras has confirmed that long-running negotiations to bring Venezuela on board as a j...
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Iran's oil industry is trying for a comeback
TEHRAN — Iran's oil exports are being ravaged by sanctions, but there are signs under the new president, Hassan Rouhani, that efforts to attract ...
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Iraq oil exports plunge to 19-month low: ministry
Iraq's oil exports hit a 19-month low in September, oil ministry spokesman Assem Jihad said today, attributing the decline to maintenance and imp...
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Oil service firms rush to Saudi Arabia for busy drilling year ahead
SAN FRANCISCO/KHOBAR: Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits ...
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Kenyan official seeks government action as oil drilling halted
NAIROBI - Drilling was suspended for a second day on Sunday at Tullow Oil's two exploration blocks in northwest Kenya because of local protests, ...
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Tullow Oil suspends work at two Kenya exploration blocks
Tullow Oil said on Saturday it had suspended drilling operations on two blocks in northwest Kenya due to security concerns, after local residents...
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GOA : Tar ball deposits on goa beaches affecting marine life
New Delhi - Tar ball deposition on Goa's beaches, a regular phenomena from June to October every year, is affecting the marine life in the coasta...
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Bharat Petroleum Corp Ltd cancels naphtha cargo from Mumbai
India's Bharat Petroleum Corp Ltd (BPCL) has sold a naphtha cargo out of Kochi at about US$27-28/ton above Middle East quotes on a free-on-board ...
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Petronet hires 4th LNG tanker from SCI-Japanese consortia
NEW DELHI, Petronet LNG will hire a fourth LNG ship from a consortium of state-owned Shipping Corp of India (SCI) and Japanese lines. SCI and Jap...
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ONGC petro complex in Dahej PCPIR to function by next year
Gandhinagar, In a boost to industrial development in the Dahej PCPIR (Petroleum, Chemicals and Petrochemicals Investment Region) in south Gujarat...
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Refining industry needs more reform
When economic activity is strong, power and transport demand rises. In 2013-14, India has seen an odd mix of numbers on this front. Automobile sa...
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GAIL to set up Rs 3,108 cr LNG terminal at Paradip
The country's largest natural gas distributor GAIL (India) Ltd has entered into a memorandum of understanding with Paradip Port Trust (PPT) for s...
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