Petro Daily Newsletter

Headline Scan Wednesday -- October 16, 2013 Gas pooling for non-priority sector likely ONGC in pact with Finland's Chempolis for ethanol production Moily asks corporation to promote bicycles No petrol price revision this fortnight: report Ratnagiri Gas sends urgent message to PowerMin on Dabhol plant MANGALORE : Ministry banks on pedal power to conserve fuel Centre offers tax incentives for shale exploration Bellatrix to buy rival oil producer, forms Korean joint venture Angola says has 4 bn barrels more in oil reserves than OPEC estimate Oil, gas markets nervously brace for a murkier world as EIA shuts GDF Suez: Shale answer to Europe's woes Angola exports fifth ever LNG cargo, maintenance eyed BP tells Forties buyers oil to keep flowing: Source Rosneft underpins oil flows to China with East Siberia consolidation Why OPEC No Longer Calls the Shots U.S. natgas futures end lower after matching 4-month high Oil falls on reaction to Iran nuclear plan WTI Declines Amid Debt Talks, Iran Nuclear Negotiations See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Gas pooling for non-priority sector likely In an effort to increase the use of imported natural gas among and to make it more affordable for them, the ministry of petroleum and natural gas... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045598   ONGC in pact with Finland's Chempolis for ethanol production New Delhi: With India heavily reliant on imports of oil, the collaboration could yield a possible solution to the country's quest for energy secu... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045599   Moily asks corporation to promote bicycles Union Minister for Petroleum and Natural Gas M. Veerappa Moily asked the Mangalore City Corporation (MCC) to promote bicycles in the city. Speaki... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045600   No petrol price revision this fortnight: report New Delhi: Petrol prices will remain unchanged this fortnight, as oil companies today decided to monitor movements in international oil rates and... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045601   Ratnagiri Gas sends urgent message to PowerMin on Dabhol plant NEW DELHI: Ratnagiri Gas and Power Pvt Ltd, operator of the beleaguered Dabhol power plant, has sent an urgent message to the Power Ministry sayi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045602   MANGALORE : Ministry banks on pedal power to conserve fuel MANGALORE: Striving to drive home the point on oil conservation, Union minister for petroleum and natural gas M Veerappa Moily said oil marketing... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045603   Centre offers tax incentives for shale exploration NEW DELHI, To incentivise shale oil and gas exploration in the country, the Centre has decided to exempt from customs duty specific goods used fo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045605   Bellatrix to buy rival oil producer, forms Korean joint venture CALGARY, Alberta - Bellatrix Exploration Ltd, a small Canadian oil and gas explorer, said on Tuesday it has agreed to buy rival Angle Energy Inc ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045606   Angola says has 4 bn barrels more in oil reserves than OPEC estimate DAEGU: Angola has 13 billion barrels of proven oil reserves, a top oil official from the African nation said, nearly 4 billion barrels more than ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045607   Oil, gas markets nervously brace for a murkier world as EIA shuts NEW YORK: When the US Energy Information Administration turned off the lights on Friday due to the government shutdown, energy traders' view of t... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045608   GDF Suez: Shale answer to Europe's woes DAEGU, South Korea, Opening up to shale oil and natural gas in Europe could ensure long-term energy security for the region, an executive at Fren... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045609   Angola exports fifth ever LNG cargo, maintenance eyed LONDON  - Angola's new liquefied natural gas (LNG) plant on Tuesday exported its fifth ever cargo aboard the Soyo tanker, according to trade... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045610   BP tells Forties buyers oil to keep flowing: Source LONDON: BP Plc, the operator of the North Sea Forties oil pipeline, has advised buyers that the crude is currently expected to keep flowing durin... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045611   Rosneft underpins oil flows to China with East Siberia consolidation MOSCOW, Rosneft, the world's top listed oil company by output, has taken full control of an East Siberian crude producer in a deal to underpin am... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045612   Why OPEC No Longer Calls the Shots Forty years ago, on Oct. 17, 1973, the world experienced its first "oil shock" as Arab exporters declared an embargo on shipments to Western coun... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045613   U.S. natgas futures end lower after matching 4-month high NEW YORK, U.S. natural gas futures ended lower on Tuesday, their first loss in four sessions, with traders blaming some profit taking after the n... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045614   Oil falls on reaction to Iran nuclear plan New York: Oil prices fell on Tuesday as the outcome of talks over a US debt deal remained uncertain and Iran unveiled a proposal to achieve a bre... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045615   WTI Declines Amid Debt Talks, Iran Nuclear Negotiations West Texas Intermediate crude declined as traders waited for U.S. lawmakers to reach a deal on the nation's debt ceiling, while Western governmen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000045616   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here