Petro Daily Newsletter

Headline Scan Wednesday -- February 19, 2014 BP, DGH spar over cost to return block Work on Ennore LNG import terminal set to start Why suspending DBT scheme would be a retrograde step ONGC: Ad hoc subsidy, tax liability and stagnation in production to weigh heavy Indian railway locomotives to be on LNG track by 2016 Oil and gas auction might be put on hold Oil-directed drilling maintaining pace of Eagle Ford gas output growth: Barclays US' Kosmos to drill first oil well offshore Morocco in mid-March: official Obama set to order new fuel standards for US trucks Essar Energy to mothball unit at Stanlow refinery Iran mulls joint energy work with neighbors Britain to back plans for new oil and gas regulator -source Essar Energy unveils $100 million programme for UK refinery Myanmar gives up oil for Interra Resources Deadline looms as Panama Canal, consortium seek end to cost dispute Oil edges higher as U.S. cold and dollar support Hedge funds increase Brent oil bets Natural gas shoots up as winter storm pummels northeastern U.S. See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   BP, DGH spar over cost to return block New Delhi: British oil and gas major BP Plc has locked horns with Directorate General of Hydrocarbons (DGH) over undue charges being sought for s... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047438   Work on Ennore LNG import terminal set to start CHENNAI, The Rs. 4,320-crore Ennore LNG import terminal project, coming up at Ennore Port near Chennai, has gathered pace with the Petroleum and ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047439   Why suspending DBT scheme would be a retrograde step Reportedly, the government of India is planning to suspend the Scheme of Direct Cash Transfer of LPG Subsidy through Aadhaar. This has raised a c... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047440   ONGC: Ad hoc subsidy, tax liability and stagnation in production to weigh heavy State-run explorer ONGC's surprise jump in net profit despite a high subsidy burden was largely due to a depreciated rupee and some accounting ch... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047441   Indian railway locomotives to be on LNG track by 2016 Business Standard reported that by 2016, Indian Railways may usher in an era of liquefied natural gas based locomotives. In about 2 months, it is... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047442   Oil and gas auction might be put on hold With the UPA II-regime getting into exit mode, the tenth round of oil and gas auctions are likely to be postponed till a new government comes to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047443   Oil-directed drilling maintaining pace of Eagle Ford gas output growth: Barclays Houston - Although producers in the Eagle Ford Shale play in southern Texas are largely targeting oil and natural gas liquids, production of asso... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047444   US' Kosmos to drill first oil well offshore Morocco in mid-March: official London, Dallas-based Kosmos Energy plans to drill its first well offshore Morocco in the coming weeks in a bid to unlock the multi-billion barrel... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047445   Obama set to order new fuel standards for US trucks WASHINGTON  - President Barack Obama will direct federal agencies on Tuesday to develop higher standards for medium-sized and heavy trucks o... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047446   Essar Energy to mothball unit at Stanlow refinery Essar Energy Plc said it would mothball a small crude unit and start a $100 million cost improvement programme at UK's second-biggest oil refiner... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047447   Iran mulls joint energy work with neighbors TEHRAN, Working with regional partners on developing joint oil and gas reserves is mutually beneficial, Iranian President Hassan Rouhani said. Ro... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047448   Britain to back plans for new oil and gas regulator -source LONDON  - British ministers will next week back plans for a new regulator to ensure North Sea oil and gas firms squeeze the maximum economic... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047449   Essar Energy unveils $100 million programme for UK refinery NEW DELHI: London-listed Essar Energy plc today said it will start a USD 100 million cost improvement programme at UK's second-biggest oil refine... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047450   Myanmar gives up oil for Interra Resources SINGAPORE, Singapore's Interra Resources Ltd. said a well drilled into the Chauk field in Myanmar was producing oil and marked its third well com... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047451   Deadline looms as Panama Canal, consortium seek end to cost dispute The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibill... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047452   Oil edges higher as U.S. cold and dollar support LONDON, Oil edged higher above $109 a barrel on Tuesday, supported by robust demand for heating fuel in top consumer the United States, a weaker ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047453   Hedge funds increase Brent oil bets LONDON  - Hedge funds and other large investors raised their bets on higher Brent crude oil prices in the week to February 11, data from the... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047454   Natural gas shoots up as winter storm pummels northeastern U.S. Natural gas futures shot up on Tuesday as a winter storm trekked across the northeastern U.S., sparking a rally due to sentiments homes and busin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047455   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here