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 …
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 …
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 …
