Petro Daily Newsletter

Headline Scan Wednesday -- November 20, 2013 Govt issues norms for natural gas supply India's NRL plans to construct 1,338 km crude oil pipeline Tanzania's cabinet approves final natural gas policy EIA forecasts oil prices for 2014 TAPI pipeline finance deal developing Gazprom Neft delays Iraq oilfield launch, cites safety concerns Afren finds major oil deposit off Nigeria Russian reserves of unconventional gas total 83.7 trillion cubic m Norway offshore construction workers start protest, oil output unaffected LPG subsidy relief for piped gas users Maharashtra sugar industry seeks bailout GAIL's valuation factors in the positives Time for reform of indirect tax on oil Rupee trades volatile as dollar demand from oil marketing companies crop up Cooking & Auto Gas to Get Expensive in State Centre rings alarm bells to PSUs against top hackers See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Govt issues norms for natural gas supply New Delhi, The Ministry of Petroleum and Natural Gas has mandated GAIL (India) to supply domestic natural gas to city gas distributors at uniform... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046120   India's NRL plans to construct 1,338 km crude oil pipeline India's Numaligarh Refinery Limited (NRL) is planning to construct a 1,338 km crude oil pipeline from Dhamra port in Odisha to its oil refinery i... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046122   Tanzania's cabinet approves final natural gas policy DAR ES SALAAM, Tanzania's cabinet has approved a long-delayed natural gas policy part of new rules for the country's fast-growing gas industry th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046135   EIA forecasts oil prices for 2014 In its "Short-Term Energy Outlook," the US Energy Information Administration forecast that prices for crude and oil-based fuels will continue to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046134   TAPI pipeline finance deal developing ISLAMABAD, An official source in Pakistan told The News International delegates to a pipeline from Turkmenistan may sign off on a finance deal as... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046133   Gazprom Neft delays Iraq oilfield launch, cites safety concerns MOSCOW, Nov 19 (Reuters) - Russia's Gazprom Neft, the oil arm of state-controlled Gazprom, has postponed initial production at its Badra oilfield... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046132   Afren finds major oil deposit off Nigeria LONDON, Afren, an energy company focused on African reserves, said Tuesday it encountered more oil than it expected in a frontier area off the co... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046131   Russian reserves of unconventional gas total 83.7 trillion cubic m Russian reserves of unconventional gas, including shale gas, total 83.7 trillion cubic metres, Russian Ministry of Natural Resources' official Al... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046130   Norway offshore construction workers start protest, oil output unaffected Around 1,400 Norwegian construction workers in the offshore energy sector have cut their working hours since Saturday in a pay protest and oil ou... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046129   LPG subsidy relief for piped gas users PUNE: The residents of 500-odd housing societies in the city that use piped LPG can now heave a sigh of relief. A recent government order to oil ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046128   Maharashtra sugar industry seeks bailout Amid falling sugar prices and various farmer organisations seeking higher prices for cane, the sugar sector in Maharashtra has sought bailout pac... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046127   GAIL's valuation factors in the positives The GAIL (India) Ltd stock has appreciated by about 16% from its low in August to trade at Rs.327. What gives? Well, for one, valuations had drop... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046126   Time for reform of indirect tax on oil The reported likely shortfall in tax collections is the right trigger for some holistic duty rationalisation in the oil sector. The import duty o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046125   Rupee trades volatile as dollar demand from oil marketing companies crop up The rupee traded volatile on Tuesday and finally ended with marginal gains despite sharp appreciation during the day. According to currency exper... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046124   Cooking & Auto Gas to Get Expensive in State Consumers using natural gas to cook food and run automobiles will now have to pay less than before, especially in Gujarat and Uttar Pradesh, with... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046123   Centre rings alarm bells to PSUs against top hackers With cyber attacks on a rise against oil companies across the world, the ministry of petroleum and natural gas is now in action to save its publi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000046121   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here