Petro Daily Newsletter

Headline Scan Tuesday -- November 19, 2013 Now, energy ratings for LPG stove NYMEX-US crude dips with Iran talks in focus Kazakhstan to retain right to raise export oil duties after joining WTO NYMEX December crude oil futures ease in Asia as dollar index gains Moily inaugurates ONGC's gas gathering station in Assam Saudi Arabia may be overcoming addiction to oil-fired power Iran needs to extend natural gas pipeline network, official says Gazprom holds firm on Ukraine gas prices, debts China in midst of refinery boom Niger awards second oil permit to CNPC, plans exports Hanoi oil block offer to Delhi Valuations of Oil India low, but not without reason OMCs could be barred from investing in retail outlets CGD entities across country to get gas at uniform price: Centre to Gujarat HC Leasing of LNG tanks not easy IOC investor roadshows in Singapore, Hong Kong this week States want petroleum, alcohol out of GST Oil companies at crossroads over govt diktat on retail outlets See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Now, energy ratings for LPG stove The Bureau of Energy Efficiency (BEE) and petroleum ministry are planning mandatory star ratings for liquefied petroleum gas (LPG) stoves in a we... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046105   NYMEX-US crude dips with Iran talks in focus PERTH, U.S. crude oil futures slipped in early Asian trading on Monday after a U.S. official said that an agreement to curb Iran's nuclear progra... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046118   Kazakhstan to retain right to raise export oil duties after joining WTO Kazakhstan will retain the right to raise export duties on oil and petroleum products after it joins the World Trade Organization (WTO). "We are ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046116   NYMEX December crude oil futures ease in Asia as dollar index gains New York crude oil futures eased in early Asian trade on Monday with the dollar index up slightly with the contract seen consolidating as large s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046119   Moily inaugurates ONGC's gas gathering station in Assam HYDERABAD, Union Minister of Petroleum and Natural Gas, M. Veerappa Moily, today inaugurated the Group Gathering Station of the Assam Renewal Pro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046110   Saudi Arabia may be overcoming addiction to oil-fired power Saudi Arabia may be starting to overcome a long addiction to generating electricity from its own oil, easing a nagging concern for a global marke... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046117   Iran needs to extend natural gas pipeline network, official says TEHRAN, Iran needs more than 3,700 miles of pipeline installed to respond to domestic needs in the natural gas sector, a gas company director sai... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046115   Gazprom holds firm on Ukraine gas prices, debts Gazprom poured cold water on Monday on Ukraine's hopes for lower gas prices and for gradual payments of its $1.3 billion in gas debts, saying it ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046114   China in midst of refinery boom China's voracious oil appetite is now a bygone phenomenon, industry forecasters say. While demand is cooling down, however, China appears to be d... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046113   Niger awards second oil permit to CNPC, plans exports NIAMEY, The government of Niger has awarded China National Petroleum Corporation (CNPC) a second operating permit in the Agadem block and plans t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046112   Hanoi oil block offer to Delhi New Delhi, Vietnam is offering India fresh oil and natural gas blocks as New Delhi prepares to withdraw from an offshore site in the South China ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046111   Valuations of Oil India low, but not without reason Among the Indian oil companies, current valuations of Oil India Ltd appear mouthwatering. At Rs.462, the stock trades at about 6.5 times its esti... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046108   OMCs could be barred from investing in retail outlets Prospective dealers planning to set up a fuel retail outlet will have to shell out their own money to float the venture. Oil marketing companies ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046107   CGD entities across country to get gas at uniform price: Centre to Gujarat HC Following the Gujarat High Court directive of supplying compressed natural gas (CNG) to Gujarat at the same rate as Mumbai and Delhi, the Central... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046106   Leasing of LNG tanks not easy KOCHI, At a time when Petronet LNG Limited is making efforts to lease out Liquefied Natural Gas (LNG) storage tanks to cut losses, experts point ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046104   IOC investor roadshows in Singapore, Hong Kong this week NEW DELHI: After roadshows in the US and the UK, government will this week hold investor meets in Singapore and Hong Kong for sale of its 10 per ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046103   States want petroleum, alcohol out of GST The Empowered Committee of state finance ministers on Monday unanimously decided to keep petroleum and alcohol out of the proposed Goods and Serv... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046102   Oil companies at crossroads over govt diktat on retail outlets Oil marketing companies (OMCs) have sought a review of the petroleum and natural gas ministry's December 2012 order that they can't invest in fue... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046101   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here