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 …
fishy plant: A team of Australian scientists has created a plant that yields the highly beneficial long-chain omega-3 fatty acids usually found in fish oil. Allan Green of CSIRO, an Australian research organisation in Canberra, and his team have developed a type of thale cress (Arabidopsis thaliana) by inserting genes …
us scientists have found an ingenious use for empty plastic bottles. Instead of disposing them in landfills, the non-biodegradable waste can be used to make engine oil for cars, say researchers at the University of Kentucky and the Chevron Energy Technology Company. They converted the plastic bottles into high-grade oil, …
India's total energy requirement has doubled over the last three decades: from 147.05 million tonnes of oil equivalent (mtoe) to 437.69 mtoe. I t's of course well known that indiscriminate burning of hydrocarbon fuels causes much global warming. According to several press reports, several Europeans died of oppressive heat last …
Nigeria's army has been accused of killing at least 30 people and setting ablaze many houses while investigating an oil dispute between two communities. The communities living in the neighbouring towns of Odioma and Obioku in southern Niger Delta claim ownership of a patch of swampland, Owukubu, where oil giant …
It's 7 am. T here is little traffic on the usually busy highway that bestrides the Noida Industrial Area, on the outskirts of Delhi. A dark, frail person in a grimy shirt walks towards a drain; he has a jerry can in his hand. This is Ramkaran, originally from Mau-Aimma …
danger spilling out: Mexico's oil monopoly Pemex recently confirmed the fifth fuel spill in the past four months, even as authorities quoted a requirement of US $9 billion to repair the country's degenerating oil pipeline network. Media reports said nearly 45,000 litres of oil spilled in the latest incident near …
China recently lost a crucial energy battle to Japan. The Russian government announced the construction of a "system of pipelines' from its Siberian oilfields to the Pacific Ocean opposite Japan. Both Japan and China wanted the pipeline to be routed through their lands. But Russia decided in favour of Japan …
Tell us about the science and technology priorities of your government Our resources are meagre, so we consider it prudent to concentrate on a few critical areas: microelectronics, capital goods, biotechnology, biodiesel and pharmaceuticals. Currently, we spend less than 1 per cent of our gross domestic product (gdp) on science …
What happens if political ambition clashes with business interest? Bolivia would know. The country is witnessing a growing disapproval of oil companies and President Carlos Mesa is desperate to maintain his popularity. Encouraged by a recent referendum on gas exports, Mesa's government is drafting a new hydrocarbons bill that has …
This month, even as the Russian cabinet approved the Kyoto Protocol and sent it on to parliament for ratification, the price of oil crossed US $50 per barrel - a 60 per cent increase in the price of this all-crucial commodity, in this year itself. I would have thought that, …
THE Russian president, Vladimir Putin, has decided to ratify the Kyoto Protocol (it seeks to stabilise greenhouse gas concentrations in the atmosphere). That should soon propel the languishing pact into force, making it international law, once he has sought the Russian Duma's approval (see Almost there). But the pact would …
India is joining hands with China and Japan in an attempt to unite countries of the region against West Asian oil producers. The latter are charging an extra us $1 for every barrel of crude oil they sell to these countries. This is over and above the prices at which …
Whatever the new Union minister of Petroleum Mani Shankar Aiyer may have us believe, oil prices are on a roll and will remain cripplingly high. Oil experts say that, unusually, the surge comes during an increase in oil production: there is no shortage. Surging global demand - from a recovering …
india's urea industry has decided not to sign contracts with liquefied natural gas (lng) marketers Gas Authority of India Limited (gail) and Indian Oil Corporation (ioc) Limited. This is because it wants the stalemate over lng prices to get broken first. It may be noted that in the majority of …
A clutch of factors, including skyrocketing crude oil prices and the ensuing presidential election, have propelled the issue of fuel economy of vehicles to the foreground in the us. While the United States Environmental Protection Agency (usepa) appears to be in reverse gear on the subject, the country's presidential candidates …
sole authority: The Supreme Court (SC) of India has ruled that only the Union government can enforce laws on mineral oil resources, which include natural gas (NG) and liquefied natural gas (LNG). It decreed that states couldn't regulate the supply of gas through pipelines laid on their territory. The SC …
