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 BP Statistical Review of World Energy 2012 highlights disruptions to supplies and ever-increasing demand as the two big energy stories of 2011. 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 …
Minorities and indigenous peoples are under increasing threat from governments and private companies wanting to benefit from the resources found on or under their lands. Despite the growing recognition of their rights in international law, once their land is targeted for development – for mining, oil and gas extraction, dams, …
Oil is the lifeblood of modern Indian society; its importance in the daily lives of citizens is steadily increasing. At the same time, natural gas is gaining in importance worldwide due to its environment-friendliness and lower cost as compared to oil. Together, oil and natural gas account for about 31 …
Bangladesh has discovered oil in two old gas fields in the country's northeastern region with an extractable reserve worth $5.5 billion, the chairman of state-owned Petrobangla said Monday. Hussain Monsur told AFP the two finds at Kailashtila and Sylhet contain proven reserves of 137 million barrels of low sulphur crude …
Bangladesh has struck its first oil, in two gas fields in the northeastern Sylhet region, the chairman of the state-run Oil, Gas and Mineral Corporation (Petrobangla) said on Sunday. "This is first time that we have found economically viable oil resources, estimated at about 153 million barrels, in the two …
India and the United Arab Emirates on Friday discussed the prospects of closer energy ties including more import of oil, which could partly offset declining purchases from Iran, and investment in the downstream sector such as refineries. While visiting External Affairs Minister S.M. Krishna and his visiting UAE counterpart Sheikh …
Britain's climate policies can help shield the economy from oil and gas price shocks triggered by external factors such as the Arab Spring, an analysis commissioned by the government showed on Friday. Energy price spikes can often dent economic growth, business investment and employment, as witnessed during the global financial …
While many government officials nervously await the outcome of the November elections and speculate as to its implications for the cleantech sector, one federal department is likely to be relatively unaffected regardless of the outcome: Defense. According to panelists at the recent "Mission Critical: Clean Energy and the U.S. Military" …
Canadian government moves to quicken economic gains by shortening environmental reviews for big energy projects and de-clawing some oil industry critics are on the right track, a senior executive at Canada's largest independent oil explorer said on Wednesday. John Langille, vice-chairman of Canadian Natural Resources Ltd, said he believes there …
In the aftermath of the recent visit of U.S. Secretary of State Hillary Clinton and an indication of rising U.S. pressure not to deal with Iran working, the Central Government, on Tuesday, admitted that it had cut the crude oil supplies from Iran by 11 per cent to 15.5 million …
On May 9, the government of Alberta released a study into the extra carbon emitted by crude produced using oil sands instead of more conventional sources. The study, by a unit of California-based Jacobs Engineering Group, found that emissions from oil-sand crude are just 12 percent higher than from regular …
While its Latin American neighbors move forward with national climate laws, Argentina is backsliding on actions to tackle its greenhouse gas emissions as the country struggles to meet energy demand from a fast-growing middle class. Argentina's GDP grew 7.3 percent last year, driving demand for energy that is overwhelmingly derived …
Canada is acting too slowly to combat climate change and has little chance of achieving its modest 2020 target for cuts in greenhouse gas emissions, Parliament's environmental watchdog said on Tuesday. The report by Environment Commissioner Scott Vaughan is awkward for the right-of-center Conservative government, which green activists say is …
‘Fresh arbitration notice needed if it were to contest the fine' After slapping a hefty penalty of over $1 billion on Reliance Industries for failing to meet gas output targets, the Oil Ministry said the company's five-month-old arbitration notice on the issue was not valid and a fresh notice was …
The Obama administration on Friday issued a proposed rule governing hydraulic fracturing for oil and gas on public lands that will for the first time require disclosure of the chemicals used in the process. But in a significant concession to the oil industry, companies will have to reveal the composition …
Natural gas is poised to enter a golden age, but this future hinges critically on the successful development of the world’s vast unconventional gas resources. North American experience shows unconventional gas – notably shale gas –can be exploited economically. Many countries are lining up to emulate this success. But some …
The U.S. Justice Department broke new ground in the case against BP for causing the worst oil spill in the country's history when it brought criminal charges against a BP engineer for obstructing justice by deleting communications regarding the true size of the spill. The engineer, Kurt Mix (51), has …
The Supreme Court on Monday issued a notice to the Centre on a petition demanding that the Government approval for the Cairn Energy-Vedanta Resources deal be declared invalid. The court also issued notice to Cairn Energy, Vedanta Resources and ONGC in the Public Interest Litigation. The PIL, filed by a …
Proposed EU law requiring fuel suppliers to report the carbon intensity of their product, and which also rank oil from tar sands as particularly polluting, would only cost vehicle drivers around one euro cent per oil barrel, a report said on Thursday. EU member countries are already required to report …
Ahmedabad: The state public sector undertaking (PSU), GSPC Gas has hiked piped natural gas (PNG) prices by 30 per cent and compressed natural gas (CNG) prices by 10 per cent. Citing non-allocation of cheaper natural gas from the Union government as the reason for the hike, GSPC Gas Company (GGC), …
