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Tuesday, August 20, 2013

Petro Daily Newsletter

 
Headline ScanWednesday -- August 21, 2013
Gail India will ink pact with Pakistan firm for gas export
Diesel, petrol prices may rise sharply
First vessel berths at Kochi LNG terminal
CNG to lose edge to diesel after hike
Steps to rescue troubled rupee
Beneficiaries await subsidy amount after booking LPG refills
Indian team detects no pollution by detained oil tanker
Cairn reassures on new exploration planned for Africa, Ireland
China's CNOOC on track to hit oil, gas output target
OPEC to shift focus to China
Chinese oil imports to reach record $500 billion by 2020: Study
Iran's oil sector looks to foreign markets
Ukraine region rejects initial draft of Chevron shale gas deal
View From The Front Lines Of The Shale Boom
West Africa no Brazil in terms of oil
Brent slips towards $109 on Fed policy concerns
U.S. oil drops on pipeline outage, contract expiration
NYMEX-Oil slips on profit-taking as Egypt continues to support
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Gail India will ink pact with Pakistan firm for gas export
NEW DELHI: State-run gas utility GAIL India will enter into contract with a Pakistani firm to export natural gas through a pipeline from Punjab, ...
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Diesel, petrol prices may rise sharply
New Delhi, Brace for a sharp rise in petrol and diesel prices, as the fall in the value of the rupee against the dollar, and the strengthening gl...
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First vessel berths at Kochi LNG terminal
The first container carrying liquefied natural gas (LNG), MV Will Energy, has called on the Puthuvypu LNG terminal, near here. The vessel, which ...
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CNG to lose edge to diesel after hike
MUMBAI: Punjab finance minister finds fault with economic policies in rupee d...Finance ministry works overtime to firm up steps to arrest rupee ...
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Steps to rescue troubled rupee
The rupee hit a new all-time low to 64.13 on Monday on fears that recent steps to kickstart the country's flagging economy will not work. The Sen...
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Beneficiaries await subsidy amount after booking LPG refills
MYSORE: M Suresh, a consumer at Amardeep Gas Agency in Vijayanagar here, is being made to run from pillar to post to avail subsidy under direct c...
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Indian team detects no pollution by detained oil tanker
NEW DELHI: An Indian team, which was rushed to Bandar Abbas port where an oil tanker has been detained by Iran for last nine days, has detected n...
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Cairn reassures on new exploration planned for Africa, Ireland
Britain's Cairn Energy said new exploration in northwest Africa and Ireland, with drilling due to start in weeks, is more likely to succeed than ...
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China's CNOOC on track to hit oil, gas output target
HONG KONG, China's top offshore oil explorer CNOOC Ltd, which acquired Canadian energy firm Nexen for $15.1 billion in February, said it is on tr...
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OPEC to shift focus to China
BEIJING, OPEC should start to shift its supply focus to the Chinese market as the United States starts using more of its own oil, Wood Mackenzie ...
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Chinese oil imports to reach record $500 billion by 2020: Study
PARIS: Seventy percent of China's oil needs will come from imports by 2020, with the bill expected to land at a record $500 billion (375 billion ...
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Iran's oil sector looks to foreign markets
TEHRAN, The managing director of the National Iranian Oil Co. called on his international affairs director to work on a new framework for crude o...
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Ukraine region rejects initial draft of Chevron shale gas deal
KIEV  - Prospects of a new shale gas deal being concluded in Ukraine hit a setback on Tuesday when a local council voted against an initial ...
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View From The Front Lines Of The Shale Boom
At the North American Prospect Exposition (NAPE) held last week in Houston, Texas, attendees had mixed emotions about the state of the oil and ga...
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West Africa no Brazil in terms of oil
HOUSTON, West African offshore oil drilling might not duplicate the success producers have experienced off South America's coast despite geologic...
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Brent slips towards $109 on Fed policy concerns
SINGAPORE - Brent crude prices slipped towards $109 a barrel on uncertainty over when the U.S. Federal Reserve will scale back its commodities-fr...
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U.S. oil drops on pipeline outage, contract expiration
NEW YORK, U.S. crude oil futures fell sharply on Tuesday as traders sold to close out positions ahead of the front-month contract's expiration an...
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NYMEX-Oil slips on profit-taking as Egypt continues to support
PERTH - U.S. crude futures dipped to around $107 per barrel on profit-taking after prices rose sharply last week as civil unrest in Egypt and Lib...
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