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Thursday, September 26, 2013

Petro Daily Newsletter

 
Headline ScanThursday -- September 26, 2013
New working day norms for oil and gas sector
Farmers demand permission to produce ethanol from sugarcane
Oil climbs above $110, Iran diplomacy in focus
NYMEX-U.S. crude gains after 4-day drop, focus on Iran
Dow Chemical, YPF ink deal to develop shale in Argentina
Russia's Rosneft eyes larger natural gas role
China's CNOOC plans to double LNG import capacity by 2015
Iran launches natural gas charm offensive
China's CNOOC to spend $2 billion on Uganda oil field
ONGC to drill first well to explore shale oil and gas next month
ONGC to increase natural gas output 53% as new fields start
Fish producers want exemption of VAT on diesel
Significant depreciation of rupee to benefit private upstream oil companies: ICRA
LNG sourcing, trading to be GAIL's key focus
ONGC bets big on shale gas
Fuel demand recovers, bucking govt efforts
Oil Minister M Veerappa Moily hints at retail petroleum prices cut
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
New working day norms for oil and gas sector
In a move to standardise working hours within the oil and gas sector, the government may soon notify new norms allowing companies to post workers...
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Farmers demand permission to produce ethanol from sugarcane
KOLHAPUR: Farmer leaders on Tuesday stepped up their demand for permission to tillers to produce ethanol from sugarcane they produce and sell the...
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Oil climbs above $110, Iran diplomacy in focus
LONDON, Oil prices climbed towards $110 a barrel on Wednesday as expectations faded that new talks over Iran's nuclear programme would bring a ra...
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NYMEX-U.S. crude gains after 4-day drop, focus on Iran
SINGAPORE - U.S. crude oil rose on Wednesday after four days of losses that drove it to seven-week lows in the previous session, but easing tensi...
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Dow Chemical, YPF ink deal to develop shale in Argentina
BUENOS AIRES: Dow Chemical Co has signed a deal to invest up to $120 million in developing 16 shale gas wells along with Argentinas state-run ene...
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Russia's Rosneft eyes larger natural gas role
MOSCOW, The acquisition of a stake in a Russian arctic natural gas project from European rivals will help with long-term strategic plans, oil com...
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China's CNOOC plans to double LNG import capacity by 2015
SINGAPORE - China National Offshore Oil Corp (CNOOC) expects to add five liquefied natural gas (LNG) receiving terminals by 2015, doubling its to...
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Iran launches natural gas charm offensive
UNITED NATIONS, The Iranian and Pakistani heads of state discussed natural gas issues on the sidelines of the U.N. General Assembly meeting, Iran...
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China's CNOOC to spend $2 billion on Uganda oil field
KAMPALA - China's CNOOC has won a final production license for Uganda's Kingfisher oil field and will spend $2 billion over four years to develop...
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ONGC to drill first well to explore shale oil and gas next month
NEW DELHI: Oil & Natural Gas Corp (ONGC) has decided to drill first well in the Cambay basin next month to explore shale oil and gas after th...
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ONGC to increase natural gas output 53% as new fields start
NEW DELHI: Oil and Natural Gas Corp (ONGC) said its natural gas output will rise by over 53 per cent to 100 million standard cubic metres a day b...
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Fish producers want exemption of VAT on diesel
Worried over rising cost of diesel, a key raw material for fishing, the All Odisha Fish Producers Federation (AOFPF) has urged the state governme...
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Significant depreciation of rupee to benefit private upstream oil companies: ICRA
KOLKATA: Major weakening of the Indian rupee over June 2013 to September 2013 will impact the financials of upstream companies that will get refl...
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LNG sourcing, trading to be GAIL's key focus
NEW DELHI, With dependence of imported natural gas becoming inevitable to meet the domestic demand, GAIL (India) Ltd is looking at further streng...
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ONGC bets big on shale gas
A day after the Union Cabinet cleared shale gas and oil exploration policy, state-run ONGC Ltd today said that the company would drill about four...
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Fuel demand recovers, bucking govt efforts
NEW DELHI: Indian fuel consumption recovered in August after a two months of declines, according to the government data published a day after Oil...
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Oil Minister M Veerappa Moily hints at retail petroleum prices cut
BANGALORE: Oil Minister M Veerappa Moily said today retail petroleum prices would be cut but refrained from disclosing the extent of it and the t...
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