Petro Daily Newsletter

Headline Scan Wednesday -- November 14, 2012 Oil imports will be halved in five years: M Veerappa Moily Fuelling an LNG boom Crude slips on U.S. fiscal cliff worries Asia's Mideast crude market to drop Iranian oil output, exports rebound in October: IEA Saudi Oil Minister Intends To Keep The Market Well Supplied Shale gas technology seen boosting UAE gas output: ADNOC tests IOC may buy 30% in GAIL's pipeline Odisha opposes Centre's move of direct cash transfers Halt Iran oil purchases: HMEL Running on empty cylinders HYDERABAD ; Inordinate delays in supply of gas cylinders irk consumers Refinery may hit wildlife Essar Power commissions second unit of Vadinar P2 project OVL plans to restart crude production from South Sudan fields Afghanistan shortlists 3 companies for oil project World oil demand slides further after storm Sandy: IEA US to overtake Saudi Arabia and Russia as top oil producer: IEA See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Oil imports will be halved in five years: M Veerappa Moily Union minister for petroleum and natural gas M Veerappa Moily has hinted at cutting oil imports by 50% in a phased manner in the next five years.... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040831   Fuelling an LNG boom Investor interest in the liquified natural gas (LNG) supply business is on a high. Besides traders such as Petronet LNG Ltd and BP Plc, infrastru... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040833   Crude slips on U.S. fiscal cliff worries Crude oil futures traded down during U.S. afternoon action Monday, as growing uncertainty surrounding Greece's bailout plan and mounting fears ov... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040846   Asia's Mideast crude market to drop SINGAPORE: Asia's Middle East crude spot market may weaken further when trading in January cargoes kicks off this week as weak product margins ar... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040845   Iranian oil output, exports rebound in October: IEA LONDON: Iranian oil production rose in October after seven months of decline and exports rebounded strongly, the West' energy agency said on Tues... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040844   Saudi Oil Minister Intends To Keep The Market Well Supplied Brent crude oil slipped to $109.12, after markets rallied on Friday afternoon and caused many investors to sell and lock in their gains. Crude oi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040843   Shale gas technology seen boosting UAE gas output: ADNOC tests Abu Dhabi National Oil Company (ADNOC) has conducted its first well-test aimed at determining whether the hydraulic fracturing technology behind ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040842   IOC may buy 30% in GAIL's pipeline State-owned gas utility GAIL India may offer up to 30 per cent stake in its 1,550-km natural gas pipeline from Surat in Gujarat to Paradip in Odi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040829   Odisha opposes Centre's move of direct cash transfers Bhubaneswar, An Odisha minister today dubbed as impractical direct electronic cash transfer of subsidies to beneficiaries in backward regions. "H... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040830   Halt Iran oil purchases: HMEL NEW DELHI: The recent crude purchased from Iran by HMEL was based on operational requirements during stabilisation of the refinery. HPCL-Mittal E... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040832   Running on empty cylinders In September, the Union government decided to slash the subsidy on liquefied petroleum gas (LPG) and capped the number of subsidized LPG cylinder... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040834   HYDERABAD ; Inordinate delays in supply of gas cylinders irk consumers With gas company dealers insisting on passbooks to supply cylinders, domestic consumers are facing a lot of hassles due to delay in supply, which... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040835   Refinery may hit wildlife JAISALMER: The habitats of thousands of chinkaras, cobras , desert fox, cats and other beasts are likely to be severely affected if the proposed ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040836   Essar Power commissions second unit of Vadinar P2 project Mumbai: Essar Power Monday said it has commissioned the second unit of 225 MW of its 510 MW Vadinar Phase 2 project in Gujarat. "Essar Power has ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040837   OVL plans to restart crude production from South Sudan fields New Delhi: ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), plans to restart crude oil production from its field... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040838   Afghanistan shortlists 3 companies for oil project Kabul: The Afghan government says it has shortlisted companies from Kuwait, the United Arab Emirates and Turkey for a major oil and gas explorati... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040839   World oil demand slides further after storm Sandy: IEA PARIS: Hit by the shocks of hurricane Sandy and recession in much of Europe, world oil demand is set to fall further than earlier forecast in 201... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040840   US to overtake Saudi Arabia and Russia as top oil producer: IEA LONDON: The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040841   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here