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 …
IT's happened again in Russia. On April 27, huge walls of fire enveloped a thick swath of uninhabited forest land after a 44-metre-long gas pipeline exploded in the Komi Republic, 1287.2 km north-east of Moscow. The pilot of a Japanese aircraft.flying over the inferno reported that the flames billowed as …
THE Organisation of Petroleum Exporting Countries (OPEC) will be ardently serenaded by the rest of the world over the next 15 years. This much was predicted by the Paris-based International Energy Agency (IEA) in Washington in late April while releasing its World Energy Outlook, an update of the Agency's projections …
DESPITE widespread apprehensions about its potential health hazards, super-unleaded petrol is set to stay in the UK. In late March, the British govemment rejected the calls bya group of mps to ban the sale of unleaded petrol, which accounts for around 6 per cent of petrol sales in the country. …
The energy, especially oil, consumed to transport goods and people is galloping. Almost uncontrollable urbanisation in India, especially in and around the larger cities, highlights the acute problems concerning urban movement: the increase in income levels and private vehicles, inadequate and risky public transport, and the centring of cities as …
Apart from massively polluting the air, 4-wheelers present another environmental problem -- the annual disposal of billions of litres of engine oil that need to be replaced every 4,800 km for cars and every 32,000 km for trucks. Engineers at the Florida-based TF Purifiner Inc, recently devised an oil-cleaning system …
THE Organization of Petroleum Exporting Countries (OPEC) is uneasy about Russia's enormous oil reserves. A major worry, reports the Asian Wall Street Journal, is the huge volume of Russian oil that is flowing into world markets -- estimated to be approximately 10 per cent of OPEC's total exports. Among OPEC …
THE OGONI tribals of Nigeria have pushed environmental degradation to the top of the agenda for the country's presidential elections, which were held in June, by protesting against US firm Willbros laying a pipeline, which would carry oil from the heart of the Ogoni territory to the port of Bonny. …
A EUROPEAN Community plan to introduce a carbon tax to reduce oil consumption and pollution may run into heavy weather in Japan, Malaysia and some other East Asian states, whose officials say they would prefer to cut the lead and sulphur contents in oil that is considered harmful. "We believe …
UNDER pressure from influential figures in the US congress, the Clinton administration has exempted ethanol and methanol from the proposed energy tax. The tax is to be levied at 25.7 cents per million British thermal units, with a surcharge of 34.2 cents per million BTUs on refined petroleum. Oil for …
REOPENING the Metsamor nuclear power plant is turning out to be a devil of a problem for beleaguered Armenia. The plant had supplied almost half of Armenia's electricity requirements, but was shut down after a devastating earthquake in the area killed 25,000 people in 1988 and raised fears that radiation …
THE US government says the energy tax under consideration could reduce the US budget deficit, cut oil imports and meet environmental goals. Nevertheless, the controversy it has sparked is heating up and US oil companies are challenging the levy. The tax is to be based on the heat content measured …
THE BRAZILIAN government is considering winding up its Proalcohol project, set up in 1975 to counter the petrol crisis by developing an alternative fuel for automobiles, ironically because the price of "dirty" fuel petrol has fallen. About 4 million cars have been modified to run on ethanol since the Brazilian …
FINANCE Minister Manmohan Singh has presented a budget that seeks to push the economy from stabilisation to growth, through structural adjustments. In order to give a boost to exporters, he has moved from partial to full convertibility and reduced customs duties on imports. To ensure there is no resulting threat …
WHAT DO the Gulf War, Greenhouse effect and the Narmada project have in common? They are all related to energy, an issue that took centre stage in the 1970s. The oil crisis of 19 made the West realise it could no longer take for granted the supply of cheap oil, …
The climate over parts of Turkey was severely affected in 1991-92 by heavy smoke billowing from Kuwaiti oil-wells set ablaze in the Gulf War. Hunay Evliya, a chemistry professor in the southern Turkish town of Adana, said the smoke led to black rain and the winter was the coldest recorded …
JUST a couple of weeks after UNCED, participants from Europe, USA and Japan gathered in Geneva, at the newly-created International Academy of the Environment, to attend a seminar entitled "Beyond the Limits: The Limits to Growth, Sustainable Development and Environment Policy after UNCED". The high point of the seminar was …
THE WORLD Meteorological Organisation (WMO) has gone on record officially that oilwell fires in Kuwait have had no global effect on the atmosphere. At WMO's recent meeting in Geneva with representatives of the UN Environment Programme (UNEP) scientific papers were presented that showed the massive amounts of carbon and other …
IT WAS no mean task to iron out differences to get an agreement on the atmosphere chapter in Agenda 21, the whole of which was bracketed at the last prepcom by Yemen on behalf of the Arab group. As the use of oil was singled out as one of the …
Faced with European proposals for higher taxes on oil, Saudi Arabia is signalling desperately that it wants higher prices. This makes a change from its earlier policy of restrained oil pricing. This fortnight's crucial mid-year meeting of OPEC saw the conspicuous absence of the Saudi oil minister. This shift in …
