Petro Daily Newsletter

Headline Scan Tuesday -- February 04, 2014 Jet fuel prices cut by about 3% Immediate Support Vessels squadron commissioned Brent hits 2-wk low at $106; supply fears stem losses U.S. oil falls $1, manufacturing data weighs; cold supports Brent Turkey expels gas-hunting Total ship licenced by Cyprus Shale boom in U.S. weighs on Brazil petrochemical firms -Odebrecht China's oil refining party at an end as capacity is cut Iran getting first batch of oil money Egypt forecasts gas shortage next fiscal year OPEC oil production reaches 29.94 million bpd in January North Sea Buzzard oilfield has new output glitch-trade sources PNG, CNG Prices Cut, But Not in City BP may Pump up Retail Market with ATF Foray RE IMPACT - Signs of green shoots as cos' Q3 profit grows 24% CNG prices to come down by 15 in Capital Gulf Oil Corporation demerger into two listed companies HPCL officials to meet Raje over refinery Confusion prevails among consumers connected with direct benefit transfer scheme on LPG See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Jet fuel prices cut by about 3% New Delhi: Jet fuel constitutes over 40% of an airline's operating costs and the price cut will reduce the fuel cost of the cash-strapped carrier... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047216   Immediate Support Vessels squadron commissioned MUMBAI: In the continuing efforts to strengthen maritime security, the 81st Immediate Support Vessels (ISVs) Squadron comprising seven ISVs were ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047218   Brent hits 2-wk low at $106; supply fears stem losses SINGAPORE, Brent futures fell to a two-week low on Monday at $106 a barrel as weak factory data from China stoked demand growth worries, but fres... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047232   U.S. oil falls $1, manufacturing data weighs; cold supports Brent NEW YORK, U.S. oil futures fell more than $1 on Monday, pressured by weak U.S. factory data and a sinking stock market, while Brent crude's decli... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047231   Turkey expels gas-hunting Total ship licenced by Cyprus NICOSIA  - Cyprus will complain to the United Nations, it said on Monday, after the Turkish navy expelled a ship looking for gas in disputed... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047230   Shale boom in U.S. weighs on Brazil petrochemical firms -Odebrecht A drop in natural gas prices caused by a shale gas boom in the United States is hurting Brazilian petrochemical company profits by reducing prici... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047229   China's oil refining party at an end as capacity is cut Mainland refiners, like many before them, now realise that parties don't last forever and eventually everyone has to sober up. The decision by st... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047228   Iran getting first batch of oil money TEHRAN, Iran's chief nuclear negotiator, Abbas Araqchi, said some of the $4.2 billion in oil revenue freed by nuclear agreements is on its way to... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047227   Egypt forecasts gas shortage next fiscal year CAIRO - Egypt's energy woes are likely to worsen in the next fiscal year as gas production fails to meet surging domestic demand, according to go... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047226   OPEC oil production reaches 29.94 million bpd in January The Organization of the Petroleum Exporting Countries' (OPEC) oil production reached an average of 29.94 million barrels per day in January, Reut... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047225   North Sea Buzzard oilfield has new output glitch-trade sources LONDON  - The North Sea Buzzard oilfield has had a new output glitch, two trading sources said on Monday. Details of the issue were not imme... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047224   PNG, CNG Prices Cut, But Not in City NEW DELHI, The government has slashed the price of piped natural gas for households and CNG for automobiles by 20% to 30% by diverting cheap dome... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047223   BP may Pump up Retail Market with ATF Foray NEW DELHI, ENERGY GIANT KEEN ON ALLIANCE WITH IOC FOR SELLING JET FUEL Global energy giant BP, which has already invested over $8 billi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047222   RE IMPACT - Signs of green shoots as cos' Q3 profit grows 24% Mumbai: There are early signs of green shoots in the quarterly results announced by top Indian corporates. The aggregate results of 289 companies... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047221   CNG prices to come down by 15 in Capital New Delhi: Your commuting and cooking bills are going to come down sharply in the next 2-3 days if you live in a city such as Delhi that runs on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047220   Gulf Oil Corporation demerger into two listed companies Gulf Oil Corporation has approved the demerger of lubricants business of the company into a separate company namely Gulf Oil Lubricants India Lim... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047219   HPCL officials to meet Raje over refinery JAIPUR: Amid uncertainty over the refinery at Pachpadra, major stakeholder Hindustan Petroleum Corporation Ltd (HPCL) has sought an appointment w... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047217   Confusion prevails among consumers connected with direct benefit transfer scheme on LPG LUCKNOW: There are many confusions prevailing among LPG consumers who have linked their bank accounts and connection numbers with Adhaar number b... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000047215   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here