Petro Daily Newsletter

Headline Scan Friday -- September 13, 2013 PMO, Petro Secy Look to Cut Oil Import Bill There is a need to create a unified Asian gas trading hub: Veerappa Moily Oil rises above $112 as investors watch Syria Russia to freeze gas, power, railway tariffs in 2014 Saudi oil min says market well balanced China to be world's 3rd largest natural gas producer in 2035 Top oil companies to push shale exploration, marketing Shell's oil sands deliverer becomes downstream boss BP says drilling at 'giant' Tiber prospect in Gulf of Mexico New co to develop Iran oilfields? KOLKATA : Aadhaar delay triggers subsidy worry Projects worth Rs 4 lakh crore to be put on fast track Oil market improving, but emerging markets rough Natural gas shortage: Power Ministry seeks subsidy of Rs 24,300-crore ONGC board approves $560 mn Rajasthan investment plan India to talk to Iran about paying for oil imports wholly in rupees Here's Why India should Trade More with Iran Gas pooling is feasible, but FM has to decide on subsidy burden: Oil Secy See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   PMO, Petro Secy Look to Cut Oil Import Bill The Prime Minister's Office has summoned petroleum secretary Vivek Rae for a discussion on difficult measures the government may have to take to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045120   There is a need to create a unified Asian gas trading hub: Veerappa Moily NEW DELHI: There is a need to create a unified Asian trading platform on lines of similar gas hubs in the US and Europe, Oil Minister Veerappa Mo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045122   Oil rises above $112 as investors watch Syria NEW YORK, Global oil prices rose for a second straight day on Thursday as investors monitored diplomatic efforts to eliminate Syria's chemical we... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045137   Russia to freeze gas, power, railway tariffs in 2014 Russia will freeze tariffs on state-regulated services including gas, electricity and railways in 2014, Economy Minister Alexei Ulyukayev said on... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045136   Saudi oil min says market well balanced SEOUL - The global oil market is well balanced and Saudi Arabia, the world's top exporter, is capable of meeting demand, Saudi Oil Minister Ali a... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045135   China to be world's 3rd largest natural gas producer in 2035 BEIJING: Energy-hungry China, which currently imports most of its oil and gas, is expected to become the world's third-largest natural gas produc... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045134   Top oil companies to push shale exploration, marketing MUMBAI: Indian energy firms Reliance Industries, Cairn India and Essar Oil have put shale oil and gas exploration and marketing on their priority... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045133   Shell's oil sands deliverer becomes downstream boss Shell is to make John Abbott head of its fuels and chemicals business, pitching the deliverer of its Canadian oil sands expansion project into an... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045132   BP says drilling at 'giant' Tiber prospect in Gulf of Mexico BP Plc has begun appraisal drilling in its highly touted Tiber oil prospect in the Gulf of Mexico, the company said on Thursday, more than three ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045131   New co to develop Iran oilfields? New Delhi: The government is working on floating a separate company for exploring and developing oilfields in Iran but the move is throwing up mo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045130   KOLKATA : Aadhaar delay triggers subsidy worry KOLKATA: If you don't get your 12-digit Aadhaar number by the extended deadline of January 31, be prepared to forgo the subsidy on LPG. The state... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045129   Projects worth Rs 4 lakh crore to be put on fast track NEW DELHI: The government has decided to fast-track 17 large projects with total investments of around Rs 4 lakh crore in an effort to give a big... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045128   Oil market improving, but emerging markets rough Paris, An increase in output should help cushion oil markets seized by tension over a possible conflict in the Middle East, the IEA said today, w... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045127   Natural gas shortage: Power Ministry seeks subsidy of Rs 24,300-crore NEW DELHI: The power ministry has sought a subsidy of over Rs 24,300 crore to help fuel-starved power plants use costly imported liquefied natura... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045126   ONGC board approves $560 mn Rajasthan investment plan NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) has approved a USD 560 million project for enhancing oil recovery at the prolific Rajastha... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045125   India to talk to Iran about paying for oil imports wholly in rupees NEW DELHI - India will talk to Iran about paying for its oil imports fully in rupees after the Middle Eastern nation ended a brief trial of the m... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045124   Here's Why India should Trade More with Iran New Delhi has always affirmed that India does not seek a waiver from any country or group of countries on unilateral sanctions on importing Irani... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045123   Gas pooling is feasible, but FM has to decide on subsidy burden: Oil Secy NEW DELHI, Implementing a gas price pooling mechanism in the country is feasible. However, the Finance Ministry will have to take a call on wheth... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045121   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here