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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Fossil fuel subsidy reform in India: addressing the challenges
The latest issues of both the World Energy Outlook (WEO) and the World Economic and Social Survey (WESS) brought to the fore the importance and urgency of a low carbon revolution in order to align climate and development imperative and digress from
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Rising consumption fuels oil PSUs' fear of losses
Ajay Modi / New Delhi May 3, 2010, 0:35 IST Rising losses due to sale of fuel products like petrol and diesel at government-controlled prices is not the only concern for public sector oil marketing companies (OMCs). These companies are faced with a sharply rising petrol and diesel consumption in tune with the economic recovery and improving industrial activity.
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Nigeria, China strike refinery deal
Nigeria and China signed a tentative deal to build three oil refineries in the West African state at a cost of $23 billion, strengthening the countries' energy partnership.
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Euro crisis cools oil, eases subsidy burden in India
Noor Mohammad New Delhi: While the euro zone debt crisis is a looming threat to the global economy, it has brought some cheer to policymakers here. Global crude prices have fallen by $15 a barrel thanks to the European turmoil, a development which stands the Indian government in good stead as it tries to cut the worrisome fiscal deficit, as lower oil prices would reduce its subsidy burden.
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Statistical review of world energy 2010
For 59 years, the BP Statistical Review of World Energy has provided high-quality, objective and globally consistent data on world energy markets. The review is one of the most widely respected and authoritative publications in the field of energy economics, used for reference by the media, academia, world governments and energy companies.
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Chennai-Bangalore oil pipeline launched
A pipeline commissioned on Friday at the Indian Oil Corporation (IOC) terminal in Devanagonthi near Hosakote to bring petroleum products from Chennai to Bangalore might help meet the City
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The role of natural gas in a low-carbon energy economy
Growing estimates of natural gas resources, including a new category of ?unconventional? gas, suggest that accessible supplies of this least carbon-intensive of the fossil fuels may be far more abundant than previously assumed.
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OMCs' petrol pricing strategy after July 15
The petrol pricing strategy of oil marketing companies (OMCs) is likely to be clear in the second fortnight of this month. The oil companies have been consulting each other to decide the periodicity of petrol price revision. Petroleum Secretary S Sundareshan said the OMCs were having consultations to decide the frequency of price revisions.
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Petrol price review every month
Government-controlled oil marketing companies (OMCs) today decided to review retail prices of petrol on a monthly basis. However, the date for the next price review and the mechanism to fix the price are yet to be finalised.
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A hungry giant goes shopping
China is using the crisis in the West to secure natural resources around the globe Andreas Sieren & Frank Sieren / July 22, 2010, 0:49 IST