Petro Daily Newsletter

Headline Scan Monday -- November 11, 2013 PSU fuel marketers seek Rs 20k cr more from finmin India red carpet for Kuwait's $350 billion sovereign wealth fund PM's Monitoring Group clears projects worth Rs 4.30 lakh crore Crude oil futures - weekly outlook: November 11 - 15 U.S. gasoline prices continue downward trend: Lundberg survey Iran tests waters for Western investment in oil exports Asian countries to have bigger impact than shale on oil industry Oil market stable, prices steady, say two OPEC members BRICS nations keen to set up reinsurance company Argentina's YPF makes onshore oil discovery Total CEO says Kashagan oilfield won't restart til 2014 Sudan plans to auction 5 oil blocks in Dec.- minister 30 mn barrels of oil in West Bank Egypt signs five new oil excavation deals Cairn India may get nod to explore rest of Rajasthan oil block Beware, gas service deal fraudsters on the prowl Himachal announces oil storage depot in Una Sri Lanka hardens stand on pact to lease oil storage to IOC See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   PSU fuel marketers seek Rs 20k cr more from finmin Mumbai, The finance ministry, struggling to meet its difficult fiscal deficit target of 4.8% of the GDP for the current fiscal, has been slapped ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045975   India red carpet for Kuwait's $350 billion sovereign wealth fund In an effort to tap Kuwait's $350 billion sovereign wealth fund, India today extended proposals to the West Asian country for investing up to $80... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045976   PM's Monitoring Group clears projects worth Rs 4.30 lakh crore The Prime Minister's Project Monitoring Group (PMG), set up to track stalled large investment projects, has cleared 128 projects worth over Rs 4.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045977   Crude oil futures - weekly outlook: November 11 - 15 New York-traded crude oil futures ended Friday's session marginally higher, as stronger-than-expected U.S. jobs data indicated that the U.S. econ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045991   U.S. gasoline prices continue downward trend: Lundberg survey NEW YORK,  - The average price for a gallon of gasoline in the United States fell in the last three weeks in sync with a drop in crude oil p... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045992   Iran tests waters for Western investment in oil exports While Iran has been engaging in nuclear diplomacy with Western powers, it has also been attempting to engage in parallel oil diplomacy designed t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045990   Asian countries to have bigger impact than shale on oil industry Abu Dhabi: Bob Dudley, BP CEO, said growth in Asia would have an bigger impact on the oil industry than shale developments Asian countries will h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045989   Oil market stable, prices steady, say two OPEC members ABU DHABI, The oil market is stable and prices are steady, two oil ministers said on Sunday, weeks ahead of an OPEC meeting to decide whether the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045988   BRICS nations keen to set up reinsurance company NEW DELHI: After proposing a development bank, the BRICS countries are preparing to strike out on their own in reinsurance as well. India has sug... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045987   Argentina's YPF makes onshore oil discovery Argentine oil company YPF said it had made an oil discovery in the country's western province of Mendoza, containing estimated reserves of about ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045986   Total CEO says Kashagan oilfield won't restart til 2014 Kazakhstan's giant Kashagan oilfield will not be able to restart production before the end of 2013, said the chief executive of French oil compan... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045985   Sudan plans to auction 5 oil blocks in Dec.- minister ABU DHABI, Sudan plans to auction five oil blocks in December, its petroleum minister said on Sunday, as the African country steps up exploration... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045984   30 mn barrels of oil in West Bank The Palestinian government said Sunday that its studies indicate the West Bank has at least 30 million barrels of oil in reserves. "We are seekin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045983   Egypt signs five new oil excavation deals Egypt's Minister of Petroleum Sherif Ismail has signed five new deals for petroleum excavation in West Ghazalat in the Western Desert, as well as... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045982   Cairn India may get nod to explore rest of Rajasthan oil block NEW DELHI: Oil and gas producer Cairn India could get the government's permission to explore the remaining two-thirds of the prolific Rajasthan b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045981   Beware, gas service deal fraudsters on the prowl Mumbai: Mahanagar Gas Ltd (MGL) has warned its consumers against fraudsters who have been doing the rounds of housing societies and duping people... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045980   Himachal announces oil storage depot in Una SHIMLA: Himachal Pradesh government, on Saturday, announced to open Indian Oil storage depot in Una costing around Rs 450 crore, besides a CSD ca... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045979   Sri Lanka hardens stand on pact to lease oil storage to IOC NEW DELHI: Hardening its stance, Sri Lanka has refused to sign a decade old agreement to lease the Trincomalee strategic oil storages to a unit o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045978   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here