Petro Daily Newsletter

Headline Scan Thursday -- November 14, 2013 Govt may roll over Rs. 40,000 crore oil subsidies to 2014-15 BPCL rides high on govt compensation NYMEX December crude recovers in Asia after 5-month low overnight Oil rises above $106, Libya concern nags Oil prices climb on geopolitical factors Gazprom Neft eyes stake in Vietnamese refinery Putin mulls gas pipeline to South Korea through North Korea Canada launches new attack against EU's proposed dirty oil rules Petrobras sells Peruvian business to China National Petroleum High prices threaten Baltic plans to expand role of gas U.S. EIA trims 2014 world oil demand growth forecast EU duty-free jet fuel sets new battle for world refiners Brazil's Franco oil field may rival Libra in size - ANP ONGC Seeks KG-D6 Data to Prove Reservoir Links RBI in no hurry to shut forex facility for oil refiners: Rajan India tempts Qatar to secure cheaper LNG Morbi ceramic units to get PNG in ration from today Oil price: Indian Basket increases sharply See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Govt may roll over Rs. 40,000 crore oil subsidies to 2014-15 On the back of high fiscal deficit worries and to avert any possibility of a sovereign rating downgrade, the finance ministry is contemplating ro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046029   BPCL rides high on govt compensation BPCL reported better than expected net profit for the quarter ended September on the back of government and upstream companies compensating about... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046031   NYMEX December crude recovers in Asia after 5-month low overnight Oil prices gained in Asia on Wednesday, recovering from weakness overnight on ample supplies seen in the United States and chances diplomatic tal... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046046   Oil rises above $106, Libya concern nags LONDON, Oil rose above $106 a barrel on Wednesday as support from supply outages countered concern about the prospect of the U.S. Federal Reserve... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046045   Oil prices climb on geopolitical factors London: Global oil prices rebounded on Wednesday over concerns about supply factors in Iran and Libya, dealers said. Brent North Sea crude for De... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046044   Gazprom Neft eyes stake in Vietnamese refinery MOSCOW, Gazprom Neft Chairman Alexander Dyukov said consideration of a stake in a Vietnamese oil refinery anchors the company's trajectory to the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046043   Putin mulls gas pipeline to South Korea through North Korea MOSCOW, Russian President Vladimir Putin said the best option for a pipeline to deliver natural gas from Russia to South Korea is a land route th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046042   Canada launches new attack against EU's proposed dirty oil rules Canada on Wednesday renewed its attack on the European Union's plan to classify Canadian tar sands oil as particularly dirty and released a study... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046041   Petrobras sells Peruvian business to China National Petroleum SAO PAULO, Nov. 13 (UPI) -- Brazilian oil company Petrobras said Wednesday it would sell its business in Peru to the China National Petroleum Co.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046040   High prices threaten Baltic plans to expand role of gas HELSINKI, Baltic government officials warned that plans around the region to expand the use of natural gas to replace dirtier fuels will stall if... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046039   U.S. EIA trims 2014 world oil demand growth forecast The U.S. Energy Information Administration on Wednesday forecast global oil markets would be slightly looser in 2014 than previously estimated, b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046038   EU duty-free jet fuel sets new battle for world refiners LONDON, U.S. refiners are expected to ship large volumes of jet fuel across the Atlantic starting in 2014 after the European Union scrapped an im... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046037   Brazil's Franco oil field may rival Libra in size - ANP The Franco field off the coast of southeastern Brazil could have as much or more oil than the massive Libra field that the government last month ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046036   ONGC Seeks KG-D6 Data to Prove Reservoir Links Oil & Natural Gas Corp (ONGC) chairman Sudhir Vasudeva said the company had sought data of Reliance Industries-operated Krishna-Godavari-D6 b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046035   RBI in no hurry to shut forex facility for oil refiners: Rajan Seeking to ensure stability in the currency market, Reserve Bank Governor Raghuram Rajan today said the central bank will not hurriedly close a s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046030   India tempts Qatar to secure cheaper LNG New Delhi, After allowing Abu Dhabi a near fourfold increase in bilateral airline seat entitlements, the Centre is likely to do the same for Qata... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046032   Morbi ceramic units to get PNG in ration from today AFTER the Gujarat High Court ordered closure of their coal gasifier plants last month, hundreds of ceramic units in tile town of Morbi have come ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046033   Oil price: Indian Basket increases sharply New Delhi, The international crude oil price of Indian Basket as computed/published on Tuesday by Petroleum Planning and Analysis Cell (PPAC) und... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046034   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here