Indian oil market outlook to 2030
The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these
Oil
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RIL signs 15-year oil contract with Venezuela’s PDVSA
New Delhi Reliance is expected to source ultra heavy crude from the Orinoco oil belt The country’s largest private oil and gas explorer, Reliance Industries, signed a 15-year oil supply contract with Venezuela’s state oil company, PDVSA, in Caracas on Tuesday. Venezuela’s Orinoco oil belt is expected to supply up to 400,000 barrels of crude oil per day to India to boost energy requirements of the country. Reliance is supposed to source ultra heavy crude from the Orinoco oil belt that will also help Venezuelan state-owned petroleum company to increase production.
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ONGC, IOC, Oil India bid for Conoco Canada oil assets
INDIA-: ONGC, IOC, Oil India bid for Conoco Canada oil assets A trio of state-controlled oil companies on Monday said it has bid $5 billion for stakes in Canadian oil sands assets owned by ConocoPhillips , in what could be the next major test of Canada's appetite for foreign investment in its energy resources. A completed deal by a group that includes producers Oil and Natural Gas Corp and Oil India Ltd , along with refiner and retailer Indian Oil Corp , would be the first in Canada for Indian energy companies after years of strong public expressions of interest in the Alberta oil sands.
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ONGC to double output by 2030
Oil and Natural Gas Corporation (ONGC) has drawn up a ‘Perspective Plan 2030’ to invest Rs.11 lakh-crore over the next 18 years. Talking to newsmen here on Monday, Chairman and Managing Director Sudhir Vasudeva said the plan envisaged doubling of production over the next 18 years at 4-5 per cent. “The plan also includes a four-fold growth in market capitalisation, and a six-fold growth in production from international operations. All this will require an investment of Rs.11,00,000 crore,” he said.
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‘Cairn’s drive may increase India’s oil output by 3.1%’
Mumbai Cairn India’s plans for enhancing oil production from its Rajasthan block is likely to drive the domestic crude oil production by 3.1% in FY13, a Centre for Monitoring Indian Economy (CMIE) survey has said. “The domestic crude oil production is likely to grow by 3.1% in 2012-13. (Even though) the oil output during the April-July period declined 0.6%, the growth is likely to recover in the coming months mainly on account of Cairn India,” CMIE said in its monthly report.
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The Nagaland Petroleum and Natural Gas Regulations, 2012
These Regulations shall be called the Nagaland Petroleum and Natural Gas Regulations, 2012. These shall extend to the whole of Nagaland. These shall come into force with immediate effect and shall be
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The Nagaland Petroleum and Natural Gas Regulations, 2012
These Regulations shall be called the Nagaland Petroleum and Natural Gas Regulations, 2012. These shall extend to the whole of Nagaland. These shall come into force with immediate effect and shall be published
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Shredding firm gets environmental stamp of approval
PHS Datashred, a national paper and IT shredding business, has reduced its fuel usage by nearly 25% in the past three years - 20% beyond its original target. The company has been awarded the British
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Forest expands 3% in Colombia during 2000s, but loss grows in llanos region
Colombia gained nearly 17,000 square kilometers of forest between 2001 and 2010 as forests recovered in mountainous regions in the Andes, reports a new study published in the journal PLoS One. The research,
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Key world energy statistics 2012
Key World Energy Statistics from the IEA contains timely, clearly-presented data on the supply, transformation and consumption of all major energy sources.
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Understanding energy challenges in India: policies, players and issues
<p><span id="itro1">This new IEA report reviews India's energy sector & identifies challenges towards achieving sustainable energy future. It explores policies, players & issues in power, coal,