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 …
North Dakota regulators have adopted the most stringent rules to date aimed at reducing the amount of natural gas that is burned off and wasted as a byproduct of the state's soaring oil production. The state Industrial Commission, which regulates North Dakota's oil and gas industry, endorsed a policy Tuesday …
Midland Valley of Scotland has up to 134.6 trillion cubic feet of shale gas below ground, according to British Geological Survey. Scotland boasts only 'modest' reserves of shale gas and oil compared to England, and these may be difficult to access, according to a government-sponsored report on Monday that poured …
The U.K. government said it will reduce the risk of power blackouts by guaranteeing payment for about 80 percent of peak demand for electricity generation. Generators of power from fuels including gas, nuclear, oil and gas will get the payments in return for ensuring electricity is provided when needed, the …
Scotland may have billions of barrels of shale oil buried under its most densely populated areas, geologists said today. Scotland’s central belt, running between Glasgow and Edinburgh, may have 6 billion barrels of oil in place, according to a report by the British Geological Survey. While only a fraction of …
Al Gore, who has called the Keystone XL project “ridiculous” and an “atrocity,” said he thinks President Barack Obama will reject the controversial pipeline between Alberta’s oil sands and U.S. Gulf Coast refineries. Former Vice President Gore, who shared a Nobel Peace Prize for advocating action on climate change, wrote …
OTTAWA—Under attack from opposition politicians, environmentalists and aboriginal groups for giving Enbridge Inc. ENB.T -1.12% the green light to build a pipeline linking the Alberta oil sands and the Pacific Coast, Canada's top officials said Wednesday it was up to the company to meet a series of conditions before construction …
The Canadian government’s approval of a major pipeline running from the Alberta oil sands to a new port on the coast of British Columbia has intensified opposition from aboriginal groups, environmentalists and community advocates. The Northern Gateway project, which the government approved on Tuesday as expected, would send heavy, oil-bearing …
Cairn India Ltd (CAIL.NS) has received approval from a panel set up by the environment ministry to raise oil output to 300,000 barrels per day from 200,000 at its block in Rajasthan state, according to a notice on the ministry website. The panel, however, set some conditions for the company, …
The Statistical Review provides comprehensive, objective and globally consistent data on world energy markets. For 63 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 …
Proposing to allocate Tk 11,540.40 crore for power, energy and mineral resources ministry, finance minister AMA Muhith on Thursday told the House that electricity will reach every household within the next five years with the implementation of medium and long term plans. Of the Tk 11,540.40 crore, the finance minister …
Questions about the reliability, affordability and sustainability of our energy future often boil down to questions about investment. But are investors ready to commit capital in a fast-changing energy world? This special report in the World Energy Outlook series takes up this question in a full and comprehensive update of …
Four environmental dimensions of energy security—climate change, air pollution, water availability and quality, and land-use change—and the environmental impact of 13 energy systems on each are discussed in this paper. Climate change threatens more land, people, and economies in Asia and small Pacific island states than any other part of …
Chinese NOCs first ventured overseas to invest in oil and gas production more than 20 years ago. Today, they have emerged to become international players with activities spreading across more than 40 countries and producing 2.5 million barrels of oil equivalent per day (mboe/d) of oil and gas outside of …
Spain's Environment Ministry said it foresees no significant adverse impact from Repsol SA REP.MC +0.36% 's proposed exploration for oil and gas off the coast of the Canary Islands. Thursday's favorable environmental impact statement, which mandates the inclusion of measures to limit the impact of light and noise pollution, was …
Santa Cruz on Tuesday became the first California county to ban fracking, the latest in a string of moves by local governments in the state to take a stand against the controversial oil and gas producing method. Fracking, or hydraulic fracturing, relies on injecting water, sand and some chemicals deep …
Ecuadorean President Rafael Correa on Tuesday accused U.S oil company Chevron of deceiving the country's justice system in a decades-long trial over pollution in the Amazon by seeking to avoid inspections of areas contaminated by oil production. Correa said experts hired by Chevron Corp found evidence of contamination in areas …
In just over five years Britain will have run out of oil, coal and gas, researchers have warned. A report by the Global Sustainability Institute said shortages would increase dependency on Norway, Qatar and Russia. There should be a "Europe-wide drive" towards wind, tidal, solar and other sources of renewable …
Oil refiners will be required to further curb air pollution from storage tanks, flares and heavy-oil processing equipment under proposed rules released on Thursday by the U.S. Environmental Protection Agency. The agency's proposals—which are now open to a 60-day public-comment period—also aim to require air tests for benzene at refineries' …
Norway wants to let oil and gas companies drill in Arctic seas that were frozen as recently as the 1980s even though some climate experts say it is too early to trust global warming to keep the ice away. Russia is also showing new interest in the Arctic despite high …
The kingdom has given construction developers five years to go green. How will this change life in the oil-rich kingdom? Happy days are here for Saudi Arabia's environmentalists. In early March, the Presidency of Meteorology and Environment (PME) announced a decree giving all companies five years to meet new air, …
