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Wednesday, October 16, 2013

Petro Daily Newsletter

 
Headline ScanThursday -- October 17, 2013
India pushes Iran to accept rupee for all crude oil
Air India hedges 10,000 barrels of jet fuel for its aircraft
Oil steady as U.S. Senate pushes for budget deal
PDVSA, Repsol discuss $1.2 billion funding for Venezuela venture
Rosneft mulls boosting share in Belarus oil refinery: Ifax
Rising output, energy efficiency to halve U.S. oil imports by 2020 -IEA
Iraq says China seeking 70 pct more crude in 2014
Iraq oil exports to rebound in rest of October
China and Russia to boost energy cooperation
Europe faces new wave of oil refinery extinctions
Russia expects to liberalise LNG exports from Jan 1 -minister
Argentina judge blocks top LNG supplier from tenders
North Dakota oil output could hit 1 mln bpd by year-end
Repsol drills dry well in Norwegian North Sea
ONGC finds rich reserves of oil in KG Basin block
Jalandhar to get CNG in 12-18 months
CIL is Not an Expert in CBM Exploration, says Moily
OMCs' ethanol purchase: CCI refuses to stop project
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
India pushes Iran to accept rupee for all crude oil
The department of commerce under the ministry of commerce and industry has asked Iran to accept payment for crude oil imports by India entirely i...
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Air India hedges 10,000 barrels of jet fuel for its aircraft
NEW DELHI: In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave ...
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Oil steady as U.S. Senate pushes for budget deal
LONDON, Global oil prices held steady on Wednesday as the U.S. Senate inched towards a last-minute deal to raise the government's borrowing autho...
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PDVSA, Repsol discuss $1.2 billion funding for Venezuela venture
CARACAS - State oil company PDVSA and Spain's Repsol are discussing a $1.2 billion financing deal for a joint venture in Venezuela, a top governm...
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Rosneft mulls boosting share in Belarus oil refinery: Ifax
MOSCOW  - Rosneft could be interested in Belarus' state stake in Mozyr oil refinery, a profitable duty-free destination for the Russian comp...
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Rising output, energy efficiency to halve U.S. oil imports by 2020 -IEA
DAEGU, South Korea - Rising oil and gas production and improving energy efficiency in the United States could slash its oil imports in half by th...
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Iraq says China seeking 70 pct more crude in 2014
DAEGU, South Korea, Iraq said China is seeking to increase purchases of its crude by more than two-thirds next year, stepping up the rivalry betw...
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Iraq oil exports to rebound in rest of October
LONDON, Iraq could soon be back on track to return as a top table oil exporter as infrastructure work, that cut loadings and helped boost the oil...
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China and Russia to boost energy cooperation
BEIJING, China and Russia plan to expand cooperation on energy projects, including oil and gas supply, nuclear energy and renewable energy, gover...
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Europe faces new wave of oil refinery extinctions
LONDON, After a year of respite from bankruptcies, protests and closures, Europe's oil refining industry is cracking again under pressure of fero...
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Russia expects to liberalise LNG exports from Jan 1 -minister
DAEGU, South Korea, Russia expects to liberalize its liquefied natural gas (LNG) exports from Jan. 1, and a bill will be submitted to parliament ...
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Argentina judge blocks top LNG supplier from tenders
BUENOS AIRES/LONDON - An Argentine federal judge has blocked the country's top liquid natural gas (LNG) supplier, Spain's Gas Natural Fenosa, fro...
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North Dakota oil output could hit 1 mln bpd by year-end
Oil production in North Dakota, home to the prolific Bakken formation, could hit 1 million barrels per day (bpd) as early as at the end of this y...
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Repsol drills dry well in Norwegian North Sea
Spanish oil major Repsol drilled a dry well in the Norwegian North Sea, about 60 kilometres east of the Trym field, the Norwegian Petroleum Direc...
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ONGC finds rich reserves of oil in KG Basin block
New Delhi, Oil and Natural Gas Corporation (ONGC), facing a prolonged stagnancy in oil production, has got a shot in the arm with one of its bloc...
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Jalandhar to get CNG in 12-18 months
NEW DELHI: After Delhi, Compressed Natural Gas (CNG) supplies to automobiles and piped cooking gas for households will commence in Jalandhar in t...
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CIL is Not an Expert in CBM Exploration, says Moily
Oil minister Veerappa Moily has rejected a draft note for the Cabinet proposing exploration of coal-bed methane (CBM) rights to state-run Coal In...
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OMCs' ethanol purchase: CCI refuses to stop project
The Competition Commission of India (CCI) has dismissed a complaint which asked for staying the ongoing process for procuring ethanol from sugar ...
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