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 developments may impact Indian crude and product net trade. The Report looks at energy transition trends …
Canada is set to badly miss a 2020 target for cutting emissions of greenhouse gases, in part because of its failure to regulate the booming oil and gas sector, Parliament's environmental watchdog said on Tuesday. The scathing report by Environment Commissioner Julie Gelfand will add to the political challenges faced …
Canada will have trouble ensuring marine safety in the Arctic as climate change melts the sea ice and shipping increases, Parliament's environmental watchdog said on Tuesday. Canada, said Environment Commissioner Julie Gelfand, had "no long-term national vision" to cope with more shipping in the region, where firms are trying to …
A European Union plan to label tar sands oil as highly polluting in its fight against climate change has been abandoned after years of opposition led by major producer Canada. A proposal published by the European Commission on Tuesday removes an obstacle to Canada exporting tar sands crude to Europe …
Japan's reboot of nuclear power, expected to begin early next year, is set to punish oil imports the most as utilities slash the use of their highest-cost fuel and shut ageing oil-fired plants, a survey of Japan's nine biggest power companies showed. Utilities in Japan are keen to close oil-burning …
Prime Minister Benjamin Netanyahu is awarding a $1 million prize to a Swiss-American research duo for their breakthrough work in converting solar energy into electricity capable of powering transportation. Prof. Michael Grätzel of the École Polytechnique Fédérale de Lausanne in Switzerland and Prof. Thomas Meyer of the University of North …
Depletion of fossil fuels at an alarming rate coupled with ever growing challenges due to anthropogenic induced climate change stress has attracted increasing attention to blending bio-fuels worldwide. India's primary energy use is projected to expand massively to deliver a sustained GDP growth rate of 9per cent through 2031-32. With …
Irresponsible business practices can have a disproportionate impact on indigenous communities, many of which continue to suffer from political and economic marginalization. This report highlights some of the environmental, social and governance (ESG) risks businesses face in their encounters with indigenous communities. This report looks at six countries where indigenous …
In the run-up to a United Nations summit this week aimed at combating climate change, a small but growing number of multimillion-dollar investors are demanding more aggressive steps to wean countries from fossil-fuel consumption. The fledgling movement to divest shares tied to fossil fuels, which started at a handful of …
This paper illustrates the consequences of the search for energy security and its relationship to regional trade and cooperation. It asserts three main ways regional cooperation can strengthen national policies on energy security: information and knowledge sharing to create a sound evidence base for policies; agreement on common policies; and …
The purpose of this study is to compare the energy efficiency and CO2-intensity of fossil-fired power generation for Australia, China, France, Germany, India, Japan, Nordic countries (Denmark, Finland, Sweden and Norway aggregated), South Korea, United Kingdom and Ireland (aggregated), and the United States. This is done by calculating separate benchmark …
China will exert consistent and unswerving efforts to establish a strategic partnership of energy cooperation with Russia as agreed by the heads of state of the two countries, Chinese Vice-Premier Zhang Gaoli said here Saturday. Zhang made the remarks as he co-chaired the 11th meeting of the China-Russia Energy Cooperation …
World markets for petroleum and other liquid fuels have entered a period of dynamic change—in both supply and demand. Potential new supplies of oil from tight and shale resources have raised optimism for significant new sources of global liquids. The potential for growth in demand for liquid fuels is focused …
This report prepared by the committee chaired by Dr. Vijay Kelkar includes a discussion of the economic foundations of Exploration and Production Contracts and an early action program drawn upon the analysis and inputs received from wide ranging consultations with stakeholders. Kelkar committee was set up by the Government of …
A Yale University committee declined to recommend that the Ivy League school sell its investments in fossil-fuel companies, defying pressure from students. Instead, the Committee on Investor Responsibility adopted shareholder proxy voting guidelines on climate change, Yale President Peter Salovey said today in a statement. David Swensen, Yale’s chief investment …
Global warming is here, human-caused and probably already dangerous – and it’s increasingly likely that the heating trend could be irreversible, a draft of a new international science report says. The United Nations’ Intergovernmental Panel on Climate Change on Monday sent governments a final draft of its synthesis report, which …
US oil and gas player Apache has made what is being heralded by some as Australia's largest oil discovery in the past 30 years, potentially pointing to a new oil province off the north-west coast. The field found by the Phoenix South-1 well, which had been seen more likely to …
Building the Keystone XL pipeline could lead to as much as four times more greenhouse gas emissions than the State Department has estimated, according to a study published in the journal Nature Climate Change that uses different calculations about oil consumption. Emissions of heat-trapping carbon dioxide became central to the …
Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry say. With so much oil readily available around the world, oil companies including …
(Reuters) - Mexican President Enrique Pena Nieto on Monday signed a package of laws that will serve as a rule book for comprehensive energy reform designed to lure billions of dollars in investment to the country's ailing oil, gas and electricity sectors. Pena Nieto has made the energy overhaul the …
Mexican lawmakers on Wednesday gave final approval to an overhaul of the state-run energy sector aimed at luring billions of dollars in new investments by foreign and private oil companies. The senate approved a series of laws this week aimed at attracting companies such as Royal Dutch Shell Plc and …
