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Petrochemical Industry

  • MEXICO

    It seems to be Nigeria all over again in the state ofTabasco near Mexico City. Protestors have blockaded dozens of oil wells belonging to the state-owned oil monopoly, Petroleos Mexicanos

  • In Court

    overriding powers: The US Supreme Court has ruled that the Environmental Protection Agency (EPA) will now have the authority to overrule state government decisions on what would be the

  • Protests against crude production in Peru

    Argentina's biggest oil facility and natural gas producer Pluspetrol has come to a standstill following protests by the indigenous Achuar groups in Peru, who say that crude production is

  • CPI yatra to protest coastal corridor

    Visakhapatnam July 10: The state unit of CPI has decided to stage a month-long padayatra from Itchapuram in Srikakulam district to Nellore to protest against the proposed coastal corridor. The former MLA and state president of the AP Rythu Coolie Sangham, Mr K. Ramakrishna said in a meeting that the CPI would stall the project. The meeting on

  • House panel unhappy over pollution

    PARADIP: The House panel on environment expressed dissatisfaction over inability of Paradip Port Trust, IOCL, Paradeep Phosphates Ltd in controlling industrial pollution in the area.

  • Whither clean fuel?

    A proposal to make diesel cleaner in the US is opposed by the oil industry

  • NIGERIA

    Since 1995, at least 28 per cent of the global gas flaring by oil companies is being undertaken in Nigeria, reveals a study. The flaring is to a large extent responsible for the country's greenhouse

  • Let s look for energy options

    Let s look for energy options

    Subsidy cuts and differential taxation are energy options, says proposal

  • Cairn gets nod for pipeline funding plan

    An empowered committee of secretaries (ECS) has cleared Cairn India's proposal to recover the cost of the $700-million pipeline from its Rajasthan fields to the Gujarat coast through sale of crude oil from the field. "The ECS has allowed the pipeline cost to be included in the field development cost of the Rajasthan field,' said a senior government official. The ECS decision is likely to go to the Cabinet Committee on Economic Affairs for final clearance. Cairn is laying a pre-heated 585-km pipeline to transport its "waxy' crude oil from Barmer in Rajasthan to Salaya in Gujarat from where it will be transported to various refineries. The government allows a company to recover the investment in developing an oil or a gas field through oil sales. Once the company has recovered the costs, the government starts taking a share of the profits from oil sales. The field extends to the point of delivery of oil. The ECS decision will shift the point of delivery from Rajasthan to the Gujarat coast. A Cairn executive said they had not received the final word from the government. He added that all major contracts for laying the pipeline and developing the field had been awarded. "We remain committed to producing oil from Rajasthan in the second half of 2009,' the official said. The pre-heated pipeline became necessary after . Refinery and Petrochemicals Ltd (MRPL), the official buyer of the crude, said it could take only around 1 million tonne (mt) out of the projected 7.5 mt output. The oil has to be transported through a heated pipeline as this "waxy' oil coagulates at normal temperatures.

  • Crude oil, gas output falls due to closure

    The production of crude oil from the country's sedimentary basins fell marginally by 0.3 per cent to 2.89 million tonne (mt) in January this year compared with 2.90 mt in January 2007. The output was, however, marginally higher than the 2.88 mt in December, data released by the petroleum ministry showed. The output of natural gas in January was also down by 2.53 per cent to 2.69 billion cubic metres (bcm) compared with the 2.76 bcm in January 2007. Compared with the 2.85 bcm gas produced in December 2007, the fall in January this year was higher at 5.61 per cent. The decline in crude oil and gas production in January was due to a two-week shutdown of a production platform at Bombay High, the country's largest oil producing field. In the April-January period of the current financial year, crude oil production was 0.28 per cent higher at 28.46 mt compared with 28.38 mt in the same period of the last financial year. Natural gas production was up by 1.7 per cent to 26.89 bcm from 26.44 bcm in April-January 2006-07. In January this year, the country's oil refineries processed 13.67 mt crude oil, 5.31 per cent higher than the 12.98 mt in the year-ago month. The rise in refinery production is primarily due to private refiner Essar Oil. The quantity of oil processed at the company's refinery rose almost 161 per cent in January after the full 10.5-million-tonne-per-annum capacity was commissioned in the later part of the month. The refineries, on an average, utilised 108.4 per cent of their capacity in January 2008, against 106.9 per cent in the year-ago month. In December 2007, the capacity utilisation was 103.5 per cent. In the April-January period of the current financial year, refinery output increased 7.30 per cent to 129.78 mt, compared with 120.94 mt in the same period of the last fiscal. Average refinery capacity utilisation during the period was, however, lower at 104.2 per cent compared with 106.7 per cent in the year-ago period.

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