Petro Daily Newsletter

Headline Scan Thursday -- September 05, 2013 Shipping norms for PSU crude import may be relaxed NRL examins feasibility of augmenting the refining capacity from 3 to 8/9 MMTPA Med Crude-Urals rise in north as refiners run more sour grades Crude oil futures down 1.82% on Asian cues Gazprom postpones construction of pipeline to China - report Iraq names pre-qualified builders for Jordan oil pipe project Drilling program in North Sea starts early US govt sees no urgency among Arctic offshore drillers for 2014 Gas driller freezes plans in rural Britain after fracking protests Iraq awards $348 mln of drilling deals for Maysan oilfields OVL, Anadarko deal could hit a roadblock Small industries to use gas to overcome power crisis Mumbai to become first metro to join govt direct cash transfer ONGC & Shell in talks to pick up stake in Nagarjuna Refinery Government mulls new company to aid acquisition of overseas assets GSPC hikes CNG prices by Rs 3/kg; industrial gas by Rs 1.90/unit Power ministry to approach cabinet for capping gas price for plants See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Shipping norms for PSU crude import may be relaxed The ministry of petroleum and natural gas has written to the shipping ministry to relax the norms for shipping of imported crude. Following the r... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045009   NRL examins feasibility of augmenting the refining capacity from 3 to 8/9 MMTPA GUWAHATI: Numaligarh Refinery Limited (NRL) is examining the feasibility of augmenting the refining capacity from 3 to 8/9 million metric tonnes ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045011   Med Crude-Urals rise in north as refiners run more sour grades LONDON, Spot differentials on Russia's medium sour Urals firmed in the north on Wednesday, following its rise in the south in the previous sessio... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045024   Crude oil futures down 1.82% on Asian cues New Delhi: Crude oil futures prices on Wednesday fell by 1.82 percent to Rs 7,392 per barrel, after speculators reduced exposures amid a mixed tr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045023   Gazprom postpones construction of pipeline to China - report Russia's state-owned gas producer Gazprom has postponed construction of a pipeline to China until next year, the Vedomosti newspaper reported on ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045022   Iraq names pre-qualified builders for Jordan oil pipe project BAGHDAD - Iraq has pre-qualified 12 companies and joint ventures to build an $18-billion export pipeline to Jordan, the oil ministry said on Wedn... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045021   Drilling program in North Sea starts early LONDON, British energy company Dana Petroleum announced its $1.6 billion drilling project in the North Sea was two months ahead of schedule. Dana... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045020   US govt sees no urgency among Arctic offshore drillers for 2014 ANCHORAGE, Alaska, Oil companies appear in no hurry to return in 2014 to the ice-choked federal waters off Alaska where Royal Dutch Shell's explo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045019   Gas driller freezes plans in rural Britain after fracking protests LONDON - Oil exploration at a site in rural England that sparked anti-fracking protests two weeks ago will be put on hold later this month and re... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045018   Iraq awards $348 mln of drilling deals for Maysan oilfields BAGHDAD - Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statemen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045017   OVL, Anadarko deal could hit a roadblock In what may spell trouble for the largest overseas acquisition by an Indian company in the energy sector, ONGC's subsidiary OVL (ONGC Videsh Ltd)... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045016   Small industries to use gas to overcome power crisis COIMBATORE: To overcome the prevailing power crisis, Coimbatore SIDCO Industrial Estate Manufacturers' Welfare Association (COSIEMA) has decided ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045015   Mumbai to become first metro to join govt direct cash transfer Mumbai: Subsidies to consumers of cooking gas cylinders in Mumbai will be linked to their Aadhaar numbers from January, Unique Identification Aut... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045014   ONGC & Shell in talks to pick up stake in Nagarjuna Refinery State-run Oil and Natural Gas Corporaiton (ONGC) along with Shell India, is said to be in talks with Nagarjuna Oil Corporation Limited (NOCL) to ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045008   Government mulls new company to aid acquisition of overseas assets NEW DELHI: The government is mulling setting up a new company, loosely modelled on the concept of a sovereign wealth fund, to finance the acquisi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045010   GSPC hikes CNG prices by Rs 3/kg; industrial gas by Rs 1.90/unit AHMEDABAD: State-run GSPC Gas Company, the largest city gas distributor in Gujarat, today hiked prices of CNG by Rs 3 per kg, and of industrial g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045012   Power ministry to approach cabinet for capping gas price for plants New Delhi: The power ministry will approach the cabinet for capping the price of 27 mmscmd gas that will be supplied to the gas-based power plant... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045013   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here