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 …
The Ministry of Environment, Forest and Climate Change on 31st May 2022, has published the Draft Environment (Protection) Amendment Rules, 2022 which shall come into force after one year from the date of publication of final notification in the Official Gazette. The Amendment is brought under schedule 1 which deals …
The “Indian Petroleum & Natural Gas Statistics” presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …
Methane is responsible for around 30% of the rise in global temperatures since the Industrial Revolution, and rapid and sustained reductions in methane emissions are key to limiting near-term global warming and improving air quality. The 2022 update of the IEA Global Methane Tracker provides, for the first time, a …
The Ministry of Environment, Forest and Climate Change November 01, 2021 has issued a Draft Notification on amendment of Coastal Regulation Zone notification, 2019. Following amendments have been made: In paragraph 5.1.2, which specifies CRZ-I B - The inter tidal areas, sub-clause (Xiii) has been substituted, namely: Development and Production …
Tackling methane emissions from fossil fuel operations represents one of the best near-term opportunities for limiting the worse effects of climate change because of its short-lived nature in the atmosphere and the large scope for cost-effective abatement, particularly in the oil and gas sector. This report explores practical measures that …
A new report by Amazon Watch and Stand.Earth finds that most banks have failed to implement policies that would prevent the worst impacts of the oil industry in the Amazon. Of 14 banks assigned a score in the report, 11 were listed as being at “high” or “very high” risk …
The Petroleum Ministry has proposed amendments to existing law to include cleaner sources of energy like hydrogen within the definition of 'mineral oils' for which the government gives out licence to explore and produce. Seeking stakeholder comments, the ministry said the Oilfields (Regulation and Development) Amendment Bill 2021 proposes to …
Cancer-causing benzene from oil refineries escaping into mostly minority and lower income neighborhoods exceeded the federal action level for 13 refineries across the U.S. in 2020, according to data from the U.S. Environmental Protection Agency. More than 530,000 people live within three miles of the 13 refineries in 2020, with …
Accelerating action: an SDG Roadmap for the oil and gas sector is an initiative led by IPIECA, the global oil and gas industry association for advancing environmental and social performance, in collaboration with the World Business Council for Sustainable Development (WBCSD). The Roadmap identifies how IPIECA, as an industry association, …
An electric vehicle (EV) battery uses up just 30kg of raw materials with recycling compared to the 17,000 litres of petrol burned by the average car. That’s according to a new study that shows Europe’s current crude oil dependency far outweighs its need for battery raw materials. The gap is …
The International Renewable Energy Agency's (IRENA) transforming energy scenario identifies the course the world should pursue to create a sustainable future energy system. To achieve this goal, profound changes will be required to convert the present system from dependence on fossil fuels to greater reliance on renewable energy. This technical …
Reducing methane emissions from oil and gas operations is among the most cost-effective and impactful actions that governments can take to achieve global climate goals. There is a major opportunity for countries looking to develop policies and regulations in this area to learn from the experience of jurisdictions that have …
The current edition of Indian Ptroleum & Natural Gas Statistics in 54th in the series and presents comprehensive view of the Oil & Gas Sector in India. The integrated and updated database of this publication provides an objective insight into the developments over the entire gamut of India's hydrocarbon data …
In 2006, Uganda’s hopes of developing an oil industry were boosted by the confirmation of “commercially recoverable” quantities of oil in the Albertine Basin. By 2013, three international oil companies were lined up to develop the oil fields with first oil expected in 2018. Uganda’s government had high expectations that …
Reform of support for fossil fuels is often identified as a priority for a country’s fiscal consolidation efforts and for climate action to align financial flows with low-carbon pathways. Its implementation, however, remains elusive for many countries as they face seemingly irreconcilable policy agendas of economic growth and sustainability coupled …
This briefing assesses the recent climate change announcements from six European oil & gas majors. This briefing paper provides provisional Carbon Performance assessments for the six European integrated oil and gas companies covered by TPI following the disclosure of new targets by BP, Eni, Repsol, Shell and Total in the …
The Covid-19 crisis is affecting the entire world economy and that of Africa. Some key sectors of the African economy are already experiencing a slowdown as a result of the pandemic. Tourism, air transport, and the oil sector are visibly impacted. However, invisible impacts of Covid-19 are expected in 2020 …
This publication assesses the potential of carbon dioxide-enhanced oil recovery (CO2-EOR) technology to mitigate climate change in Indonesia. Although the technology was designed to rejuvenate oil production in mature oilfields, its value in permanently storing CO2 has recently attracted global interest. The publication concludes that CO2-EOR could provide a win-win …
Oil and gas finds in Kenya present a unique opportunity that can cement the path towards sustainable development. Enhanced SME engagement in the sector is a critical lever for sustainable development. Together with micro enterprises, SMEs are estimated to contribute about 33.8% to Kenya’s GDP and employ close to 14.9 …
Major oil and gas companies have invested $50bn (£40.6bn) in fossil fuel projects that undermine global efforts to avert a runaway climate crisis, according to a report. Since the start of last year, fossil fuel companies have spent billions on high-cost plans to extract oil and gas from tar sands, …
