Oil

Indian oil market outlook to 2030

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 …

Govt may blacklist ethanol makers on failure to supply to OMCs

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 …

Oil and gas scenario in India

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.

Fossil fuel subsidy reform in India: addressing the challenges

The latest issues of both the World Energy Outlook (WEO) and the World Economic and Social Survey (WESS) brought to the fore the importance and urgency of a low carbon revolution in order to align climate and development imperative and digress from the alarming fossil-fuel dependent path. Although both the …

Greener fuels to cost more

Kalpana Pathak / Mumbai December 30, 2009, 0:06 IST People will have to pay 50p-Re 1 more per litre of petrol and diesel when 11 cities in India move to the Euro IV emission norm, and the rest of the country to Euro III, in April 2010. State-run oil marketing …

Asian Forest salvage operations begin, finally

SMIT Singapore Private Limited (SSPL), the Singapore based salvage company, has commenced its salvage operations for the removal of oil from the sunken vessel M V Asian Forest, after five months and 10 days, on Tuesday. Deputy Commissioner V Ponnuraj holding discussion with representatives of SMIT Singapore Private Limited in …

Students threaten oil blockade

MANOJ ANAND The powerful Alltudents Union has Assam Students Union has threatened to launch 96hour oil blockade to oppose the proposed selloff of Assam's oil field to private firms by Oil and Natural Gas Corporation (ONGC). The oil blockade, which will start on Monday 5 am, has also supported by …

Sri Lanka to strike oil, gas soon

Sri Lanka is to strike oil and gas as soon as the report on 3 D seismic studies are completed within two months. The study would enable to ascertain how much hydrocarbon deposits are available in the Mannar Basin. It is expected that the first barrel of oil could be …

Villagers protest chemical dumping

A large number of villagers toot out a procession in Johi on Tuesday to protest against the BHP Billiton oil and gas exploration company for dumping chemical waste around human settlements and failing to undertake community development projects in the area of Zamzama gas field. The procession -- led by …

OMCs ready to pay Rs 26 a litre for ethanol

Ajay Modi / New Delhi November 23, 2009, 0:57 IST But, sugar firms want Rs 28 a litre. Following the recent decision of the Union Cabinet to continue with the mandatory 5 per cent ethanol blending with petrol, oil marketing companies (OMCs) have agreed to increase the price of ethanol …

Sale of petrol with 5% ethanol made mandatory

Sujay Mehdudia NEW DELHI: The Union Cabinet has directed the Petroleum and Natural Gas Ministry to make it mandatory for all oil marketing companies to sell petrol mixed with 5 per cent of ethanol. In November 2006, the Centre mandated that five per cent ethanol be blended in petrol to …

Oil min to ensure 5% ethanol blending by OMCs

The government today asked the petroleum ministry to ensure that oil companies compulsorily sold petrol mixed with 5 per cent ethanol. The government had in November 2006 mandated that ethanol should be blended in a 5 per cent proportion with petrol to be sold throughout India, except in areas like …

World energy outlook 2009

The 2009 edition of the World Energy Outlook (WEO) provides updated projections that take into account the implications of the global credit crisis, the economic slowdown and the recent slump in the prices of oil and other forms of energy. It also presents in-depth analysis of three special topics: Financing …

Building business resilience to inevitable climate change: carbon disclosure project report - global oil and gas

IBM and Acclimatise have joined forces to release the third report in a landmark adaptation series. This report is based on the responses from Global Oil & Gas companies to the Carbon Disclosure Project 2008. Produced by Acclimatise and sponsored by IBM, the report explores the business implications of inevitable …

Total warns of energy insecurity

Total, the French oil group, has warned politicians that they risk accelerating an oil supply crunch if they enact environmental policies that deter investment in oil and gas before enough viable alternatives are available.

Big Oil Looks to Biofuels

The biofuels industry, hit hard by the global credit crunch, is getting a shot in the arm from a new source

Iraq gives Eni green light on big oil project

Iraq has given a consortium led by Eni, the Italian oil group, the right to develop its giant Zubair field, in a deal that signals the country's desire to attract more of the biggest oil companies four decades after nationalising its oil industry. Yesterday's breakthrough, which needs cabinet approval, came …

Government response to oil price volatility: experience of 49 Developing Countries

This report examines the policy responses of 49 developing country governments to world oil price movements in the last three years. The sample includes 16 countries in Sub-Saharan Africa, 15 in Asia (Central, East, and South), 10 in Latin America, and 8 in the Middle East and North Africa. This …

Access to sustainable energy: what role for international oil and gas companies?

Development experts agree that ensuring access to sustainable modern energy services is critical to achieving the Millennium Development Goals. Some 2.4 billion people still use traditional biomass fuels for cooking, often facing the risk of indoor air pollution, while about 1.6 billion people have no access to electricity. This report …

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