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 defining feature of global energy markets remains high and volatile prices, reflecting a tight balance of supply and demand. This has put issues such as energy security, energy trade and fossil alternative energies at the forefront of the political agenda worldwide. The BP Statistical Review of World Energy 2008 …
Japan will step up its efforts to produce cheaper biofuels by 2015 to ensure energy security amid rising oil prices, industry ministry officials said Wednesday. A ministry panel recommended the same day that Japan be able to produce at least 100,000 to 200,000 kiloliters of biofuels annually from grass plants …
Nicaraguan President Daniel Ortega has called on his cabinet to devise a plan for nationalizing oil imports. The move follows a series of clashes between the government and Exxon Mobil subsidiary Esso Standard Oil, which handles most of the crude oil imports and refining in the country. The dispute is …
The us president, George W Bush, signed a new energy law on December 19. It intends to reduce reliance on oil imports and sets higher fuel efficiency standards for the first time since 1975. The law, the Energy Independence and Security Act, also requires a huge increase in the production …
This report provides an overview of information on the world fertilizer situation in 2007/08 and a forecast till 2011/12. The fertilizer situation is examined in relation to crop production and factors likely to affect the latter. High commodity prices experienced over recent years led to increased production and correspondingly greater …
The India Energy Conclave 2007 would focus on the preparedness of the Indian energy sector to keep up with the rapidly growing Indian economy. It will focus on a wide range of topics of interest to stakeholders. It would cover both conventional and non-conventional energy and focus on policy, power, …
http://www.peakoil.com In 1956 M King Hubbert, a geologist for Shell Oil, predicted that production of oil would peak in the 1960s, and will decline then. Although derided by most in the industry, he was correct. Hubbert was the first to assert that oil discovery, and therefore production, would follow a …
The city of Lagos in Nigeria saw a major oil pipeline blast in the Abule Egba area on December 26, 2006. The country's Red Cross society said 269 deaths had been confirmed with 60 more taken to the hospital with serious burns. But Reuters reported that the number of deaths …
THE Russian government has extended its probe into the alleged environmental violations at the Sakhalin oil and gas project by another month, and has warned the project managers of criminal charges (see
Ending a six-month long suspension, the World Bank has agreed to continue financial assistance to Chad, after the country fell in with the bank's conditions on spending petrodollars. Under the agreement, Chad has said it will devote 70 per cent of its oil revenues to poverty reduction programmes in the …
In India, Gujarat was the first state to make commercial use of biodiesel in buses, but it reverted to regular diesel within months. The Gujarat State Road Transport Corporation contends it had to discontinue biodiesel because of lack of supply. The biodiesel was made by blending diesel with jatropha oil, …
india's western coast is now on the verge of one of the biggest environmental threats as a marooned 75,000 tonne merchant vessel, M V Ocean Serraya, could spill nearly 650 tonnes of furnace oil into the sea. On the night of May 29-30, the cargo vessel had been wrecked on …
Bolivian president Evo Morales's nationalisation of the country's natural gas has created a rift between Latin America's centre-left governments and the hard-left administrations of Bolivia, Venezuela and Cuba. Brazil, which gets half of its natural gas from Bolivia, and Argentina, Bolivia's second largest gas buyer, are worried Bolivia's takeover might …
More than 200 people are feared to have burnt to death in a pipeline explosion at Isanki Island in the Ilado area of Lagos recently, according to official reports. The pipeline belongs to the state-run Nigerian National Petroleum Corporation. Eyewitnesses said the explosion started at dawn as people scrambled for …
Environmentalists and non-governmental organisations (ngos) in the Caspian region surrounding the Baku-Tbilisi-Ceyhan (btc) pipeline have voiced concerns about the proposed route for the pipeline. Apprehensions were raised at various public hearing meetings and till the last meeting, regional activists remain concerned about the pipeline's ecological threat. Various ngos voiced their …
Environment officials in Massachusetts, usa, are considering whether to let four gas-powered plants to switch to dirtier oil, 50 per cent more often, this winter. The state is focusing on these plants as they can switch between gas and oil. Officials feel this move could stave off natural gas shortages …
