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 …
Mexico's Senate gave final approval early on Tuesday to the backbone of a landmark energy reform as the government prepares to lure investment by major oil companies to stem the country's declining oil production. The bills, including a crucial new hydrocarbons law, govern implementation of a wider reform passed in …
The International Fuel Prices report provides an overview of the retail prices of gasoline and diesel in over 170 countries. It further explores recent trends and case studies on fuel prices and fuel pricing policies in developing countries. The 2012/2013 International Fuel Prices report provides an overview of the retail …
The Environmental Protection Agency should review emerging risks related to safeguards for hydraulic fracturing wells used for oil and gas production, according to a report released July 28 by the Government Accountability Office. Overall, safeguards in place at the wells—known as class II wells—are effective in preventing contamination of underground …
France will mobilise about 10 billion euros ($13.41 billion) for a package of tax breaks, low-cost loans and bonuses to boost investment in renewable energy and cut the country's oil and gas bill, Energy Minister Segolene Royal said on Tuesday. Royal, President Francois Hollande's fourth energy minister in two years, …
NIGERIA may see a 33 per cent rise in its oil production from 2.35 million barrels per day (mbppd) on an average currently to a new high of 3.13mbpd by 2030, according to a new report. The report from the McKinsey Global Institute (MGI) stated that the natural gas output …
Big oil and gas companies are shifting their focus to wealthier countries after decades of exploring and producing in developing nations, lured by political stability and more predictable returns. At least two governments – Britain and New Zealand – are aiming to capitalize on the switch. On Monday, the U.K. …
Overwhelming opposition to the government's plans to expanding fracking across Britain was expressed by interest groups during an official consultation, whose results were released a day after ministers signalled a go-ahead for shale gas drilling around the country. The Department of Energy and Climate Change's report on the government's Strategic …
Drilling will be allowed in national parks in 'exceptional circumstances' but ministers retain power to veto plans Ministers will give the go-ahead on Monday for a big expansion of fracking across Britain that will allow drilling in national parks and other protected areas in "exceptional circumstances". The government will invite …
A government push to lure oil companies to New Zealand offers the promise of diversifying the country's economy, long dependent on wool and, more recently, Hobbit-inspired tourism. But in this university town, the oil push has also locked residents in a debate over how to balance economic gains with environmental …
Finding radioactive oil field waste is 'a game of cat-and-mouse,' North Dakota landfill director says Bakken oil boom spurs fear of improperly dumped hazardous waste in North Dakota Every weekday, about a dozen large garbage trucks peel away from the oil boom that has spread through western North Dakota to …
Melting Arctic ice is widening a path for ships to deliver European oil to Asia, stoking South Korea’s ambition to become a regional storage and trading hub. The country, whose proximity to China, Russia and Japan makes it an ideal conduit for oil arriving via the Arctic, plans to add …
The South Portland City Council has voted to ban the transfer of crude oil onto ocean tankers, effectively ending any attempt to bring oil from western Canada through a pipeline into the city. The City Council voted 6-1 Monday night in favor of the ordinance that was hailed by environmentalists. …
Most Americans oppose a carbon tax, considered by many economists a cost-effective way to fight climate change, but they are willing to support it if the money is returned to them or used to fund renewable energy, a poll Monday finds. Only a third, or 34%, say they support taxing …
Mexico's Senate completed on Monday approval of the bulk of legislation setting out rules and regulations for President Enrique Pena Nieto's opening of the oil and gas market, the cornerstone of his economic agenda. The package of so-called secondary laws needed to implement the energy reform moves to the lower …
India's key energy challenges include but not limited to: (1) increasing domestic production of primary fuels; (2) securing necessary imports of primary fuels at relatively stable prices; (3) attracting investment across all segments of the energy sector; (4) investing in new energy technologies; (5) reducing the carbon intensity of energy …
This report of the Comptroller and Auditor General of India contains the results of the performance audit of pricing mechanism of major petroleum products in central public sector oil marketing companies. The audit covered the period from 2007-08 to 2011-12.
Ghana will not draw the remaining $1.5 billion (0.87 billion pounds) tranche from a $3 billion loan agreed with China in 2011, Ghana's finance minister said on Wednesday. Seth Terkper said the remainder of the loan had been cancelled due to "challenges that we have had in coming to an …
An umbrella group of churches, which represents over half a billion Christians worldwide, has decided to pull its investments out of fossil fuel companies. The move by the World Council of Churches, which has 345 member churches including the Church of England but not the Catholic church, was welcomed as …
The Keystone XL pipeline’s proposed route through Nebraska was legally drawn, lawyers for the state told its Supreme Court in defending legislation, struck down by a state judge, that gave the job to the governor and the conduit’s builder. With President Barack Obama’s approval of TransCanada Corp. (TRP)’s planned $5.4 …
Ecuador’s government was moving to install a power plant to exploit oil fields under the iconic Yasuni national park at the same time as pursuing a high-profile international scheme not to exploit the oil, according to government documents seen by the Guardian. Plans to install the plant further undermine claims …
