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 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 …
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 …
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 …
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 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 …
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 …
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 …
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 …
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 …
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 …
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, 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.
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 …
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 …
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 …
This report focuses on the impact of the evolution of the world oil price on the cost of future GHG mitigation measures. Projections of the cost of mitigation policies are a key input for national and international negotiations on future mitigation of GHG emissions among public policy makers and other …
The aim of this paper is to study the volatility transmission between CO2 and energy markets. Specifically, the particular interest is to examine whether or not conditional volatility is transmitted across those markets since the start the EU ETS. It consider not only non-linearity in the variance of each series …
The Ministry of Petroleum & Natural Gas is concerned with exploration and production of oil and natural gas (including import of Liquefied Natural Gas), refining, distribution & marketing, import, export and conservation of petroleum products. Standing Committee on Petroleum & Natural Gas (2008-09) having been authorised by the Committee to …