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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Obama Seeks to End Subsidies for Oil and Gas Companies
With his re-election fate increasingly tied to the price Americans are paying at the gas pump, President Obama asked Congress on Thursday to end $4 billion in subsidies for oil and gas companies and vowed
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Soco To Survey Congo Oil Block In Environment Row
British oil firm Soco International said on Thursday it has been given permission to carry out aerial surveys of a Congolese oil block where exploration was suspended last year due to concerns over environmental
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Indian petroleum and natural gas statistics 2010-11
The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the
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Energy statistics 2012
This new annual publication by Central Statistics Office contains the latest data available in respect of different energy sources, with different agencies/organizations and a brief analysis of the data on reserves, installed capacity, potential for generation, production, consumption, import, export and wholesale price of different energy commodities as available from the concerned ministries.
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EU dirty oil vote ends in deadlock
A controversial EU plan to label oil originating from oil sands deposits, like those found in the Canadian province of Alberta, as “highly polluting” has been temporarily put on hold, after an EU committee
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India, China, Brazil driving oil prices higher: Obama
The growing demand for petroleum in countries like India, China and Brazil would be the major reason for increase in oil prices in the long-term, the US President, Mr Barack Obama, has said. In his
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China, India plan cuts of 10% or more in Iran crude imports
Beijing/New Delhi China, India and Japan are planning cuts of at least 10% in Iranian crude imports as tightening US sanctions make it difficult for the top Asian buyers to keep doing business with the Opec producer. The countries together buy about 45% of Iran’s crude exports. The reductions are the first significant evidence of how much crude business Iran could lose in Asia this year as Washington tries to tighten a financial noose around Tehran. The cuts would add to a European Union ban on Iran oil imports, which comes into effect on July 1, to restrict the flow of vital foreign exchange to Tehran under pressure over its nuclear program.
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Ten blocks under NELP IX face the axe
Empowered Committee of Secretaries clears 14 blocks to the first ranked/single bidder A total of ten blocks offered under the New Exploration Licensing Policy (NELP) IX face the axe as the Empowered
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PMO meet on exploration delays in NELP blocks
Meeting notice seeks details about ENI operated block With the Petroleum and Natural Gas Ministry's spat with the Defence Ministry and the Department of Space remaining unresolved, a worried Prime Minister's Office (PMO) has convened an urgent meeting on February 27 on the delay in carrying out exploration activities in blocks under New Exploration Licensing Policy (NELP) and also delay in announcing NELP-IX round.
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Panel Reinforces Ecuador Award Halt In Chevron Case
An arbitration panel reinforced an order that Ecuador's government seek to suspend an $18 billion court award against U.S. oil company Chevron Corp over pollution in the South American country's rainforest.