The Petroleum Ministry has finalised a draft of a new petroleum policy that lays stress on exploration in new blocks and offering various fiscal incentives to exploration companies. Sources in the Ministry said that after approved by the Minister for Petroleum and Natural Resources the draft would be forwarded to the Economic Co-ordination Committee (ECC) of the cabinet for final endorsement.
The Oil, Gas, Mineral Resource, Electricity and Port Protection Committee, Rangpur unit formed a human chain in front of the local Press Club on Monday protesting initiatives to lease out 9 blocks in the Bay of Bengal to the foreign company for energy exploration.
DH News Service, Bangalore: The US-based Clinton Foundation has evinced interest in setting up solar farms to generate 5,000 mw power under public private partnership model, in the State.
Sujay Mehdudia NEW DELHI: Even as Petroleum and Natural Gas Minister Murli Deora on Thursday sought an increase in the quantum of oil bonds issued to oil marketing companies, the government seemed to be indecisive on re-visiting fuel prices despite the Indian basket averaging around $58.93 a barrel.
Bloomberg / Singapore October 31, 2008, 0:46 IST
ANGUL: The much-hyped Rajiv Gandhi Vidyut Karan Yojana (RGGVY) in Angul district has made little progress so far even as the deadline for completion of the project is nearing end. The Central programme was started in the distict in March 2007 and at present, only 80 of the targeted 1,625 villages have been electrified.
Nellore, Oct. 31: The district authorities on Friday alerted the Oil and Natural Gas Commission after noticing fire coming out of a bore drilled in an aqua-culture pond in Mypadu, 30 km away from here. The blaze is emerging around 15 to 20 feet from the ground level and is blue in colour.
By Clifford Krauss For all the support that the presidential candidates are expressing for renewable energy, alternative energies like wind and solar are facing big new challenges because of the credit freeze and the plunge in oil and natural gas prices. Heliostats redirect sunrays to a tower in Seville, Spain. Energy created at the plant provides electricity to thousands of homes.
BS Reporters / New Delhi November 01, 2008, 0:27 IST State-owned oil marketing companies today cut aviation turbine fuel (ATF) prices by 16 per cent, while the government abolished the 5 per cent Customs duty on the fuel. This will help the airlines cut their fuel bill by another 3-4 per cent.
The Punjab Energy Development Agency (PEDA) has introduced energy conservation awards to encourage energy efficiency in large and small-scale industry, Government and commercial buildings, educational institutions, agriculture sector, poultry farms and domestic sector.
When the European Parliament
CHANDIGARH The empowered committee of state finance ministers has expressed unanimous indignation over the inexplicable delay in the reduction of petrol, diesel and LPG rates despite the substantial correction in international crude oil prices.
The gold medal for new wind power production in 2007 goes to the United States. More than 5,200 megawatts of capacity were installed there, a new world record. New factories are to ensure further growth, provided the promotion criteria are extended in time.
The paper assesses the demand for rural electricity services and contrasts it with the technology options available for rural electrification. Decentralised Distributed Generation can be economically viable as reflected by case studies reported in
A turf-war between the Ladakh Autonomous Hill Developmental Council (Leh) and the Jammu and Kashmir government has unnecessarily delayed the work to tap the geothermal energy potential of the Changthang area in Leh district.
Coping strategies: countries adjust to all-time-high oil prices Bangladesh increased fuel prices for the first time since April 2007. The government maintained subsidies on diesel and kerosene, used predominantly by the poor. Texan motorists, in search of cheap gas, crossed the border into Mexico, which subsidizes its fuel. Indian truckers went on strike from July 2 to 4,
On the face of it, the Indian wind energy sector is booming. Installed wind power capacity has increased six-fold in the last seven years
New fuel for Kolkata vehicles kolkata may soon become the first city in India to have vehicles running on methane if a deal between Oil and Natural Gas Corporation (ongc), a private gas distribution company, and the West Bengal government goes through. ongc and Calcutta Compressions and Liquefaction Engineering, a Kolkata-based company, signed a memorandum of understanding on July 10
Using mercury nanotubes india may be able to produce solar cells with a greater capacity to absorb solar energy. The secret behind this extra capacity lies in mercury compound nanotubes, scientists at iit Delhi have found out. Nanotubes, because of their structure, exhibit electrical and optical properties, which help in the absorption of solar energy and its conversion to electrical
Looks like land grab Asia
