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 …

Putin s passion

Addressing a meeting of Russian and European Union (eu) business leaders early this month, President Vladimir Putin said that "we often unfortunately face excessively tough requirements, which are blocking Russia's entrance into the wto [World Trade Organization]'. Russia is the largest economy outside the wto and has been trying to …

How to respond to strikes

Nigerians have developed a unique response to strikes, as was seen on October 6, 2003. Thousands of panic-stricken people besieged banks to withdraw money and stockpile food even as the Nigeria Labour Congress (nlc) announced another round of action, to protest a 12 per cent hike in fuel prices. At …

Bunker 2

Two months after the Sri Lanka Ports Authority (spla) allowed

Nautical curbs

from April 1, 2004, Indian waters will be made off limits to all crude oil carriers and product tankers that are more than 25 years old. The Directorate General of Shipping (dgs), under the Union ministry of shipping, issued a circular to this effect on August 14. The recent notification …

Scramble for the spoils

Oil politics has reared its ugly head yet again. This time in the tiny twin island African state of Sao Tome and Principe

Handy testing kit

Rasoi Kasauti (Hindi)

Prospecting cleared

Steamrollering objections from lawmakers of various coastal states, the us senate recently approved a plan to survey oil and natural gas deposits beneath the Atlantic and Pacific oceans. Even as supporters of the idea claim the country has a right to know the extent and nature of its energy reserves …

Hands off Alaska

the us, it is widely believed, can go to great lengths to lay its hands on oil

Damodar Ten years after

Also read: Damodar - Ten years ago Dhanbad town exists for one reason: coal. This much becomes quickly clear to me. A fine layer of coal dust covers everything in the hotel I have put up in, and the manager has assumed I have something to do with the coal …

Well oiled racket

two incidents of illegal handling of waste oil have come to light recently, underscoring the fact that trade in the hazardous product continues unabated in India. That this is being done in utter disregard of Supreme Court (sc) directives

Perseverance pays

Neurologist Hugo Moser's unveiling of a 10-year-long study into the effects of Lorenzo's oil has shown that perseverance and logic are a powerful substitute to conventional research. When Lorenzo, the son of Augusto and Michaela Odone, was diagnosed with adrenoleukodystrophy (ald), there was no cure for the disease. Unable and …

The slippery lifeline

oil is the lifeline of the world’s eco nomy. Dependence on oil has skewed incomes within nations and altered power relations among them. While oil provides multiple benefits to society, every stage of its lifecycle has harmful effects on health and environment. These are broad in scope and degree. The …

High incidence

The number of HIV cases is on the rise in Bhutan. A total of 13 people tested positive in 2002, and in all 38 are now infected with the virus in the Himalayan country. The first HIV positive case was diagnosed in 1993. Among those infected are seven housewives, three …

Cooking up mustard

mustard, an integral part of Indian cuisine, has now become the subject of a raging controversy in the top echelons of India's scientific establishment. The debate centres around three transgenic mustard varieties that await clearance from the high-powered Genetic Engineering Approval Committee (geac) to make mustard (Brassica juncea) the first …

Oil that glitters

The post-war boom had brought gas-guzzling vehicles, expanding highways and mushrooming suburbs in the industrialised countries, especially the US. This boom was fuelled by oil - the industrialised economies depended almost entirely on intensive use of fossil fuels. The world learned about its dependence on oil in 1973. The Yom …

The Caspian affair

The Caspian region has possibly the third largest oil and natural gas reserves in the world (after the Persian Gulf and western Siberia), estimated to be up to 15 per cent of the total reserves of the world. Hardly any of this potential has been tapped as yet, and it …

High and dry

India's prominence in the energy market is that it is the world's sixth largest energy consumer - and yet woefully short of energy sources. It has large coal reserves but the worrisome part is petroleum, which accounts for about 30 per cent of the total energy. India produces only 30 …

Beyond oil

"One of the ironies at the turn of the century is that, in an age when the pace of technological change is almost overwhelming, the world will remain dependent, out to the year 2020 at least, essentially on the same sources of energy - oil, natural gas, coal - that …

From barrels to battlefields

The US President George W Bush is raring to launch an attack on Iraq. Whether it has weapons of mass destruction or not, Iraq certainly has the world's second largest reserves of petroleum after Saudi Arabia. Thanks to UN sanctions, it produces a mere fraction of its potential. The US, …

Energised by oil

"Not since the rise of the railroads more than a century ago has a single industry [energy] placed so many foot soldiers at the top of a new administration." - Newsweek, May 14, 2001 George W Bush took over as president of the US on January 20, 2001. Within two …

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