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 …
These Rules shall be called the Nagaland Petroleum and Natural Gas Rules, 2012. These shall extend to the whole of Nagaland. These rules shall come into force with effect from the date of its publication in the Official Gazette of Nagaland.
Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said. In 2011, 22 industrialised nations paid $58.7 billion in subsidies to the oil, coal and gas …
The objective of this report is to help improve the understanding of past greenhouse gas (GHG) emission trends in the energy sector from the demand or end-user side. To do this, the report develops a methodology to redistribute emissions from energy industries to the final users (by sector) of that …
The Government of India constituted this committee to look into the Production Sharing Contracts (PSCs) mechanism in petroleum industry. The exploration and production policy for hydrocarbons is a cornerstone of our energy security, since India has a large and growing demand for energy and substantial hydrocarbon reserves that remain to …
The United States needs to update its energy policy to reflect the boom in natural gas and oil production that has boosted manufacturing jobs, said the top Democrat on the Senate energy committee on Thursday. Ron Wyden, who is in line to take over the panel's gavel in January, said …
The 2012 edition of the World Energy Outlook presents authoritative projections of energy trends through to 2035 and insights into what they mean for energy security, environmental sustainability and economic development. Oil, coal, natural gas, renewables and nuclear power are all covered, together with an update on climate change issues. …
For all their disputes, President Obama and Mitt Romney agree that the world is warming and that humans are at least partly to blame. It remains wholly unclear what either of them plans to do about it. Even after a year of record-smashing temperatures, drought and Arctic ice melt, none …
Chinese government says it hopes to generate 30% of energy from renewable sources and nuclear by 2015 China is ready to approve new nuclear power plants as part of ambitious plans to reduce reliance on oil and coal, ending a moratorium it imposed because of Japan's Fukushima disaster last year. …
Clears KG-D6 investment plan RIL also allowed to declare commerciality of certain wells in NEC 25, KG-D6 The face-off between the government and Reliance Industries Ltd (RIL) is nearing an end, with the petroleum ministry agreeing to exempt the country’s largest private sector petroleum company from a performance audit. Simultaneously, …
Oil and Natural Gas Corp (ONGC) on Sunday inaugurated a Rs 6,060-crore facility on the country’s biggest oil field to replace a massive platform that was gutted in a devastating fire seven years ago, killing 22 people and costing its then chairman Subir Raha his job. The commissioning of Mumbai …
To focus on increasing gas and oil production U.K.’s BP plc and Reliance Industries Limited (RIL) are going to focus on increasing oil and gas production from their assets in future despite having surrendered nine out of the 21 blocks due to poor prospects. BP, which had bought 30 per …
Reliance Industries Limited (RIL) has cut capital investment on the main oil and gas fields in the KG-D6 block by $3 billion on the back of an unexpected drop in reserves in an area that was once India’s most prolific. The company has filed revised field development plans for the …
New Delhi UK's BP plc has relinquished or surrendered 9 out of the 21 oil and gas blocks where it had bought 30 per cent stake from Reliance Industries for USD 7.2 billion, due to poor hydrocarbon prospects. BP had last year bought 30 per cent stake in a total …
As part of its modernisation drive, Hindustan Petroleum Corporation Ltd (HPCL) has constructed a Rs.330-crore greenfield oil terminal at Ennore. This will not only enable it to move petroleum products from Ennore Port to its terminal seamlessly through dedicated pipelines, but also decongest the Tondiarpet area in north Chennai. The …
Extra funding for climate change mitigation and forestry programmes also part of oil-rich nation's radical programme Norway is to double carbon tax on its North Sea oil industry and set up a £1bn fund to help combat the damaging impacts of climate change in the developing world. In one of …
The details of how the reserve price would be calculated and the quantum of the outgo for the world's largest coal miner are yet to be worked out There may be no going back on bidding for coal blocks by the government, but a new policy would put a price …
In the lead-up to the UN climate negotiations in Doha, the latest information on the level and growth of CO2 emissions, their source and geographic distribution will be essential to lay the foundation for a global agreement. To provide input to and support for the UN process the IEA is …
The report: Examines the role of the energy sector in the Iraqi economy today and in the future; Assesses oil and gas revenues and investment needs; Provides a detailed analysis of oil, gas and electricity supply through to 2035, highlighting the challenges of infrastructure development and water availability; …
The 2012 EU Energy [R]evolution report, carried out for Greenpeace and the European Renewable Energy Council by the German National Centre for Aerospace, Energy and Transport Research, demonstrates how Europe would gain nearly half a million extra energy sector jobs by 2020 if it prioritises a system largely made up …
Hydrocarbon sector is the key to ensuring energy security in the country. It is the second source servicing India’s energy needs. Ensuring energy security for a large nation like India is a huge challenge. It is therefore important that India continues developing its hydrocarbon sector. This paper reflects India’s efforts …
