Petro Daily Newsletter

Headline Scan Friday -- November 08, 2013 Finance Ministry releases Rs. 17,772 crore as oil subsidy Moily moves cabinet for operational flexibility to oil explorers Crude oil drops as U.S. GDP data feeds taper speculation Unipetrol to buy Shell's stake in Czech refinery China's first coal-to-gas plant soon to pump gas to Beijing S.Korea's S-Oil says may bid for stake in United Petroleum Iraqi Kurdistan reiterates objection to BP's Kirkuk oil deal Shell moves to keep open 2014 Alaska drilling option Angola says to license more blocks to boost oil output Shell, Petromanas find light oil, gas in Albanian exploration Oil min plans more legroom for explorers NASHIK : Campaign on petroleum conservation today Shipping Corporation to sell oil supertanker in bid to return to profitability India's oil companies buying dollars in markets again: Mayaram See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Finance Ministry releases Rs. 17,772 crore as oil subsidy The Finance Ministry has released Rs. 17,772 crore cash subsidy to state-run oil marketing companies (OMCs) to cover up a fourth of their losses ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045944   Moily moves cabinet for operational flexibility to oil explorers New Delhi: Moily's ministry is circulating a draft cabinet note for comments to relax timelines and rules for exploration and production activiti... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045945   Crude oil drops as U.S. GDP data feeds taper speculation Crude oil futures declined on Thursday, after upbeat U.S. third-quarter growth data boosted speculation the Federal Reserve could begin to taper ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045956   Unipetrol to buy Shell's stake in Czech refinery PRAGUE: Czech downstream oil group Unipetrol has agreed to buy partner Royal Dutch Shell's 16.3 per cent stake in Ceska Rafinerska for $27.2 mill... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045955   China's first coal-to-gas plant soon to pump gas to Beijing BEIJING  - China's first coal-to-gas (CTG) project will soon start pumping gas to capital city Beijing to help meet winter heating demand, c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045954   S.Korea's S-Oil says may bid for stake in United Petroleum SEOUL - South Korean oil refiner S-Oil is considering the acquisition of a stake in Australian petrol and convenience store retailer United Petro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045953   Iraqi Kurdistan reiterates objection to BP's Kirkuk oil deal ARBIL, Iraq  - Iraq's Kurdistan region reiterated its objection to a deal between BP and the central government to develop the northern Kirk... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045952   Shell moves to keep open 2014 Alaska drilling option LONDON - Royal Dutch Shell, which abandoned this year's offshore Alaska drilling programme after a series of setbacks in 2012, has submitted a st... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045951   Angola says to license more blocks to boost oil output LUANDA, Angola will speed up oil exploration by licensing new blocks - up to 15 every other year - and testing new offshore wells in an area simi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045950   Shell, Petromanas find light oil, gas in Albanian exploration Royal Dutch Shell and Petromanas Energy Inc plan to drill more wells at an Albanian site to determine its production capacity after test flows fr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045949   Oil min plans more legroom for explorers New Delhi: The oil ministry is moving to remove areas of friction with explorers by giving them more legroom in meeting timelines set for various... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045943   NASHIK : Campaign on petroleum conservation today NASHIK: The Petroleum Conservation Research Association (PCRA), registered under the ministry of petroleum and natural gas, will conduct an aware... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045948   Shipping Corporation to sell oil supertanker in bid to return to profitability Losing the navratna status will mean that SCI will not have financial autonomy—such as deciding on projects worth up to Rs.1,000 crore—and, hence... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045946   India's oil companies buying dollars in markets again: Mayaram MUMBAI: India's state-run oil companies have started buying 30-40 per cent of their dollar demand in markets instead of the special window provid... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045947   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here