Petro Daily Newsletter

Headline Scan Monday -- November 18, 2013 Subsidy Flow, Poll Season to Leave a Mark on OMCs Natural gas futures - weekly outlook: November 18 - 22 WTI falls, Brent rises as differential widens Crude oil futures - weekly outlook: November 18 - 22 Asian naphtha margin eases US, Pak explore LNG business opportunities US set to reduce dependence on foreign energy sources: Obama Niger awards second oil permit to CNPC, plans exports Barmer block: Govt not to give up surrendered area sans re-bid Kerala sets up Rs 300-cr Coastal Shipping Promotion Fund Sub-committee to monitor DBT for LPG in Odisha Some breakthrough, some impasse likely at Shilong GST meet Oil import needs return to haunt weak rupee Govt pulling all stops to woo foreign investors Polls will not come in way of diesel price deregulation' GST: states may oppose inclusion of fuel, liquor Corporate social responsibility meet to discuss sustainable business Centre moves to cool gas prices in state See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Subsidy Flow, Poll Season to Leave a Mark on OMCs The three state-owned oil marketing companies (OMCs) appear to be in better health today, with the government having raised its subsidy payout in... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046083   Natural gas futures - weekly outlook: November 18 - 22 Natural gas futures rose more than 1% on Friday to hit a three-week high, as updated weather forecasting models continued to point to colder than... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046098   WTI falls, Brent rises as differential widens The price differential between West Texas Intermediate crude and Brent widened to $14/bbl "as each benchmark diverged for geopolitical and fundam... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046100   Crude oil futures - weekly outlook: November 18 - 22 New York-traded crude oil futures ended little changed on Friday to cap a sixth consecutive weekly decline amid worries the recent U.S. governmen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046099   Asian naphtha margin eases The Asian naphtha margin slipped for the second day to $145.93 a tonne on Wednesday as spot purchases for December cargoes were mostly completed,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046097   US, Pak explore LNG business opportunities A high-powered energy trade delegation from Pakistan to the US, has urged American companies to invest in its country. The two sides met in Houst... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046096   US set to reduce dependence on foreign energy sources: Obama WASHINGTON, The US is set to reduce its dependence on foreign sources of energy as it has produced more oil at home than it imported for the firs... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046095   Niger awards second oil permit to CNPC, plans exports The government of Niger has awarded China National Petroleum Corporation (CNPC) a second operating permit in the Agadem block and plans to export... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046094   Barmer block: Govt not to give up surrendered area sans re-bid NEW DELHI, Cairn India may have to bid for and win it to bag the rights to explore the Barmer block in Rajasthan, which it had surrendered to the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046093   Kerala sets up Rs 300-cr Coastal Shipping Promotion Fund THIRUVANANTHAPURAM, The State government has created a Coastal Shipping Promotion Fund in line with its professed aim to promote coastal shipping... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046092   Sub-committee to monitor DBT for LPG in Odisha Bhubaneswar, With the Centre introducing Direct Benefit Transfer for LPG (DBTL), the State Level Bankers Committee (SLBC) in Odisha today decided... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046091   Some breakthrough, some impasse likely at Shilong GST meet The contentious issues in the way of Constitution amendment bill for the proposed Goods and Services Tax (GST) are not likely to be fully resolve... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046090   Oil import needs return to haunt weak rupee Barely a month after the rupee hit a two-month high and showed signs of stabilising after its brutal fall this year, the currency is at risk from... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046089   Govt pulling all stops to woo foreign investors New Delhi, The government is clearly making all out efforts to woo back global investors into the country's energy sector and drive India's growt... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046088   Polls will not come in way of diesel price deregulation' We need to encourage oil and gas exploration. Even the Opposition does not understand how patriotic it is to encourage more exploration. – Veerap... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046087   GST: states may oppose inclusion of fuel, liquor Shillong: A consensus on the proposed goods and services tax (GST) may remain elusive with many Indian states expected to oppose the inclusion of... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046086   Corporate social responsibility meet to discuss sustainable business GURGAON: Hundreds of corporate firms, PSUs, social organizations and NGOs will be a part of the CSR Live Week, the biggest event of its kind bein... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046085   Centre moves to cool gas prices in state AHMEDABAD: In accordance with the Gujarat high court's order to reduce domestic and vehicular gas prices in Gujarat cities, the Centre on Thursda... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046084   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here