Petro Daily Newsletter

Headline Scan Saturday -- October 13, 2012 Asia Distillates-Margins slip as Indian exports increase Moody's assigns Baa3 rating to Bharat Petroleum Oil prices rise after US jobless claims fall Brent hovers above $115, eyes best week in two months Brent slumps, spread to US crude narrows after rally BP defends oil role in Azerbaijan Iran invited to invest in gas pipeline Natural gas sells off after record rally U.S. natural gas futures mostly slip, mild weather weighs Oil supply risks offset higher output capacity PAKISTAN : Oil exploration licence granted for Sindh block BPCL announces new oil discovery in Sergipe-Alagoas Basin Know your Customer exercise by IOC Focus on clean energy: Kalam PDPU and Indo Canadian Business Chamber sign MoU BPCL sells naphtha cargo to Unipec Single shift at petrol bunks may render many jobless Oil prices to ease on slow economy, higher output See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Asia Distillates-Margins slip as Indian exports increase SINGAPORE, Asian gasoil margins slipped on Friday as more spot exports emerged from India with its domestic demand lower than previous months on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040373   Moody's assigns Baa3 rating to Bharat Petroleum Singapore, Moody's Investors Service today for the first time assigned a short-term debt rating -- Baa3 -- with a stable outlook to Indian petrol... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040375   Oil prices rise after US jobless claims fall BANGKOK: The price of oil rose Friday after a big fall in U.S. unemployment benefit claims suggested some improvement in the world's biggest econ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040389   Brent hovers above $115, eyes best week in two months SINGAPORE: Brent crude held above $115 a barrel on Friday, trading near four-week highs and on course for its biggest weekly gain in two months, ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040388   Brent slumps, spread to US crude narrows after rally NEW YORK: Oil prices fell on Friday and Brent crude's retreat outpaced US crude's slide as investors took profits in the spread between the two f... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040387   BP defends oil role in Azerbaijan BAKU, Azerbaijan, British energy company BP said it was working closely with its partners in Azerbaijan to address production issues at the Azeri... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040386   Iran invited to invest in gas pipeline ISLAMABAD: Pakistan has offered Iran to invest in the construction of the gas pipeline. The government is expected to issue tenders for laying th... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040385   Natural gas sells off after record rally Natural gas futures sold off Friday, after rallying to the highest level since December 2011 earlier, after a report from the U.S. Energy Informa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040384   U.S. natural gas futures mostly slip, mild weather weighs NEW YORK, Front-month U.S. natural gas futures ended higher on Friday for a fifth day but other months lost ground, pressured by forecasts for fa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040383   Oil supply risks offset higher output capacity Paris, Growth of global thirst for oil should slow to 2016, the IEA said today, but West Asia tension and supply risks might prevent prices from ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040382   PAKISTAN : Oil exploration licence granted for Sindh block ISLAMABAD: The government has granted exploration licence for a block in district Thatta (Sindh) to Kirthar Pakistan BV – the operator – and Paki... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040381   BPCL announces new oil discovery in Sergipe-Alagoas Basin Bharat Petro Resources (BPRL), a wholly owned subsidiary of Bharat Petroleum Corporation (BPCL) announced Friday Petrobras, the operator of SEAL-... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040380   Know your Customer exercise by IOC Chennai, Aiming to streamline its operations, Indian Oil Corporation is undertaking 'Know Your Customer' exercise and has requested customers to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040379   Focus on clean energy: Kalam EZHIMALA (KERALA), Former President, A P J Abdul Kalam today pitched for focusing on producing "clean energy" like solar, wind and nuclear. "We h... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040378   PDPU and Indo Canadian Business Chamber sign MoU AHMEDABAD: Indo Canadian Business Chamber - Gujarat has signed an MoU with Pandit Deendayal Petroleum University, Gandhinagar (PDPU), which will ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040372   BPCL sells naphtha cargo to Unipec India's Bharat Petroleum Corp Ltd (BPCL) sold a naphtha cargo to Unipec for about US$26/ton above Middle East quotes on a free-on-board (FOB) bas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040374   Single shift at petrol bunks may render many jobless Bangalore, The decision of the Akhila Karnataka Federation of Petroleum Traders' (AKFPT) to adopt single shift at petrol bunks from October 15 is... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040376   Oil prices to ease on slow economy, higher output London, The world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040377   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here