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Saturday, September 7, 2013

Petro Daily Newsletter

 
Headline ScanSaturday -- September 07, 2013
Crude oil price of Indian Basket declines
Oil traders say Egyptian crisis causing vessel queues, financing issues
Barclays: Saudi Arabia refocusing Aramco's strategy
Oil dips but stays over $108 before US job report
NYMEX-U.S. oil stays above $108 on strong data, stock draw
U.S. natgas futures slip 1 pct; first weekly loss in a mth
Dangote's Nigeria oil refinery loan has 7-year tenor - source
U.S. extends Iran sanctions waivers to Japan
LNG import prices: Local demand, global cues may trigger price hike
U.S. natgas rig count rises 14 to 394 -Baker Hughes
Argentina province to auction rights to Vaca Muerta shale
LUCKNOW : IOC plans capacity building programme for gas agency staff
Trouble in LPG subsidy transfer, consumers suffer
Numaligarh Refinery to invest Rs 14,000 CR in refinery expansion, pipeline construction
ONGC's Order to L&T-Pipavav Valid, Rules HC
Diesel and LPG prices may be raised to control under-recoveries on petroleum products
No water issue with Barmer project: HPCL
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
Crude oil price of Indian Basket declines
New Delhi, The international crude oil price of Indian Basket as computed/published on Friday by Petroleum Planning and Analysis Cell (PPAC) unde...
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Oil traders say Egyptian crisis causing vessel queues, financing issues
London, The deepening political crisis in Egypt has had a negative impact on oil deliveries to the country, European traders said Thursday, as pr...
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Barclays: Saudi Arabia refocusing Aramco's strategy
HOUSTON, Saudi Arabia, with domestic oil use trimming exports and threatening the kingdom's trade position, is refocusing the strategy of its nat...
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Oil dips but stays over $108 before US job report
BANGKOK: The price of oil dipped slightly Friday ahead of the release of a key US employment report. Benchmark oil for October delivery was down ...
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NYMEX-U.S. oil stays above $108 on strong data, stock draw
SINGAPORE- U.S. crude held above $108 a barrel on Friday after climbing more than $1 in the previous session on upbeat economic data and a d...
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U.S. natgas futures slip 1 pct; first weekly loss in a mth
NEW YORK, U.S. natural gas futures fell just over 1 percent on Friday and ended the week down more than 1 percent, their first weekly loss in a m...
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Dangote's Nigeria oil refinery loan has 7-year tenor - source
LAGOS - A $3.3 billion syndicated loan Nigeria's Dangote Industries clinched this week to build a 400,000-barrel per day oil refinery and petroch...
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U.S. extends Iran sanctions waivers to Japan
WASHINGTON - The United States has extended a waiver on Iran sanctions for six months to Japan in exchange for its reduction in oil imports from ...
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LNG import prices: Local demand, global cues may trigger price hike
A fine demand-supply balance in the global spot LNG market has kept LNG prices range-bound during the past six months, despite the recent spurt i...
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U.S. natgas rig count rises 14 to 394 -Baker Hughes
NEW YORK, The number of rigs drilling for natural gas in the United States rose by 14 this week to 394, data from Houston-based Baker Hughes show...
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Argentina province to auction rights to Vaca Muerta shale
A province in Argentina will auction the international rights to explore part of the Vaca Muerta shale oil and gas formation, considered one of t...
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LUCKNOW : IOC plans capacity building programme for gas agency staff
Lucknow, To establish itself as the best service provider, the Indian Oil Corporation has envisaged a massive capacity building exercise for the ...
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Trouble in LPG subsidy transfer, consumers suffer
HYDERABAD: A strange experience is hitting LPG consumers across five districts of East Godavari, Chittore, Rangareddy, Hyderabad, and Ananthpur. ...
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Numaligarh Refinery to invest Rs 14,000 CR in refinery expansion, pipeline construction
GUWAHATI: Assam based Numaligarh Refinery Limited (NRL) will invest close to Rs 14,000 Crore in the refinery expansion and capacity augmentation ...
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ONGC's Order to L&T-Pipavav Valid, Rules HC
The Bombay High Court said on Thursday that the $200-million order given by ONGC to the Larsen & Toubro-Pipavav Shipyard consortium for maint...
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Diesel and LPG prices may be raised to control under-recoveries on petroleum products
KOLKATA: India Ratings & Research (Ind-Ra) says diesel and LPG prices could be increased in the coming days to control under-recoveries on pe...
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No water issue with Barmer project: HPCL
MUMBAI: Hindustan Petroleum Chairman and Managing Director Subir Roy Choudhury has said there is no problem with water supply to the proposed Rs ...
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