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 …
There is a growing possibility that the U.S. will pass no climate change legislation in this session of Congress: the uphill climb is at least as steep, and probably steeper, as it is for health care legislation. President Barack Obama cannot presume to hold his own party in line on …
In general, companies in the Oil and Gas industry are more transparent than the average of other sectors in respect of their climate-related performances. Nonetheless, the information provided by most companies remains inadequate to fully gauge the exposure of companies to evolving climate change related pressures. This report outlines the …
The petroleum sector, which includes the production, import, processing, transportation, and distribution of crude oil and refined products such as gasoline, heating oil, diesel, propane, and jet fuel, is a significant source of U.S. greenhouse gas (GHG) emissions. Recent GHG cap-and-trade proposals have covered petroleum-related emissions by placing the point …
Facing opposition from key allies in the United Progressive Alliance (UPA) government, Finance Minister Pranab Mukherjee and Petroleum Minister Murli Deora today discussed an
A day after the Kirit Parikh committee recommended freeing of auto fuel prices and increase in kerosene and LPG prices, the Union petroleum ministry called a meeting of the public sector upstream and downstream oil companies to discuss the road ahead. Though oil companies have welcomed the report, they are …
Sanjay Jog / Mumbai February 05, 2010, 1:05 IST Analysts have said the recommendation of the Kirit Parikh committee report on fuel prices need to be implemented as a package and not partially. Yet, they also feel the recommendations are too aggressive to be implemented in the current form, given …
Proposal will bring down the burden of oil companies An experts group headed by former Planning Commission member Kirit Parikh has recommended an incremental rate of taxes on higher crude oil price realisation from the nomination blocks of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) to …
NEW DELHI: India and Hungary on Tuesday inked an agreement for oil and gas exploration and decided to strengthen cooperation in the information technology (IT) sector. Both countries also agreed to work for increasing the level of trade to $1 billion by 2012. An agreement to this effect was reached …
Petrol Price May Go Up By Rs 4.7, Diesel By Rs 2.3 Within Weeks Our Bureau NEW DELHI THE government may take a decision on freeing petrol and diesel prices after the Kirit Parikh committee on rationalising fuel subsidies submits its report this week, oil minister Murli Deora said. Price …
A comprehensive assessment and ranking of water disclosure practices by Ceres of 100 publicly-traded companies in 8 key sectors exposed to water-related risks - beverage, chemicals, electric power, food, homebuilding, mining, oil & gas and semiconductors. This report is the ?rst comprehensive assessment and ranking of water disclosure practices of …
State-run oil marketing companies (OMCs) will be able to taper their third quarter losses after the government has committed itself to a Rs 12,000-crore cash subsidy to compensate them for selling cooking fuels at government-regulated prices. The cash subsidy is a deviation from the earlier practice of issuing bonds for …
Ajay Modi & Jyoti Mukul / New Delhi January 16, 2010, 0:32 IST Oil and Natural Gas Corporation (ONGC) is in favour of full market price parity for retail sales of petrol and partial burden sharing by consumers of diesel, LPG and kerosene. The company has also suggested a formula …
Vladimir Radyuhin With the launch of a major oil pipeline from Eastern Siberia to the Pacific Ocean, Russia can now ship oil to not only its traditional customers in Europe but also the ever-growing energy markets in Asia. The year 2010 will see the global energy map redrawn as Russia, …
A devastating fire resulting from a leakage in a crude oil pipe of Oil India Limited near Guwahati Refinery gutted over a hundred hutments and destroyed property at Madgharia area in close proximity to the refinery this morning. No human casualty has been reported in the inferno which lasted nearly …
Sanjay Jog / Mumbai January 05, 2010, 0:57 IST The central government, which has stepped up efforts for the blending of ethanol in a 5 per cent proportion with petrol, has threatened to blacklist ethanol manufacturers if they fail to supply the commodity to oil marketing companies (OMCs). Food and …
The oil and gas sector in India is the largest in terms of sales turnover, touching the lives of all citizens, providing uninterrupted supplies of oil products to the remotest parts of the country. The oil sector is the largest contributor to State exchequer through taxes.
