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India's refining capacity expansions lags growth in fuel demand

SINGAPORE, Sept 25- India may export fewer fuels in the next four years as growth in the demand for oil products is rising faster than new refining to produce them is being added, an Essar Oil company executive said on Monday. India's rising disposable income has helped boost its demand for refined fuels, including gasoline, jet fuel and liquid propane gas, but its...

Source: Reuters

Noble Midstream Partners Raises Third Quarter 2017 Guidance; Schedules Third Quarter 2017 Earnings Conference Call

HOUSTON---- Noble Midstream Partners LP today increased third quarter 2017 guidance as a result of the successful startup of the Partnership’ s two recent growth projects, the first central gathering facility in the Delaware Basin and the oil and produced water gathering system for the Partnership’ s third-party customer in the DJ Basin, as well as continued...

Source: Business Wire

GLOBAL MARKETS-Euro, bond yields drop as Germany's Merkel holds on

*New Zealand dollar slides on election result. LONDON, Sept 25- The euro and European government bond yields slipped on Monday after the bloc's most powerful leader, German Chancellor Angela Merkel, won a fourth term but faced a fractured parliament as support for the far right surged. Investors were unnerved by the prospect of months of coalition talks that...

Source: Reuters

Deals of the day-Mergers and acquisitions

**China Telecom Ltd could participate in a plan to inject fresh capital into Oi SA, the Brazilian phone carrier under bankruptcy protection, a senior executive at the Brazilian firm said on Friday. **Turkey's Polinas Plastik has agreed to buy 90 percent of packaging firm Propak Ambalaj for 47 million euros, Polinas's parent company said on Friday, a deal that will...

Source: Reuters

UPDATE 1-Tullow to resume Ghana oilfield expansion after border dispute ruling

*ITLOS rules favorably for Ghana on offshore border. Sept 25- Africa's biggest independent oil producer, Tullow Oil, is back on track to expand its flagship oilfields off Ghana's coast after a two-year drilling block due to a border dispute. Tullow said it will resume drilling at the Tweneboa, Enyenra and Ntomme oilfields around the end of the year to lift...

Source: Reuters

S&P Global Platts Appoints Chris Midgley to lead Global Analytics Business

LONDON, Sept. 25, 2017/ PRNewswire/-- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the appointment of Chris Midgley, as Head of Analytics Content. Based in London and reporting to S&P Global Platts President, Martin Fraenkel, Chris will lead and execute the strategy...

Source: PR Newswire

China urges restraint amid war of words between Trump and North Korea

China on Monday called for all sides in the North Korea missile crisis to show restraint and not "add oil to the flames."

Source: Reuters

CIRCOR to Acquire Colfax’s Fluid Handling Business from Colfax Corporation for $855 Million in Cash and Stock

BURLINGTON, Mass.---- CIRCOR International, Inc., a leading provider of flow control solutions and other highly engineered products for markets including oil& gas, aerospace, power, process, and general industrial, today announced that it has signed a definitive agreement to acquire Colfax Fluid Handling from Colfax Corporation for approximately $855 million...

Source: Business Wire

AZZ Inc. Updates Guidance for Fiscal 2018 Revenue and Earnings per Share

FORT WORTH, Texas, Sept. 25, 2017/ PRNewswire/-- AZZ Inc., a global provider of metal coatings services, welding solutions, specialty electrical equipment and highly engineered services, today updated revenue and earnings per share guidance for its fiscal year 2018, which ends on February 28, 2018. Tom Ferguson, president and chief executive officer of AZZ Inc.,...

Source: PR Newswire

Tale of two cities: Kurdish vote lays bare political divisions

*Some voters call for break-up of Iraq. SULAIMANIYA, Iraq, Sept 25- Some Kurdish leaders describe Monday's referendum on independence as a historic chance for the ethnic group to shape its own destiny after decades of oppression. Some officials in the Patriotic Union of Kurdistan, based in Sulaimaniya, have cautioned that the vote could invite trouble from...

Source: Reuters