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 …
Dodoma — Tanzania may not fully benefit from its substantial oil and gas discoveries due to myriad loopholes in the management of the resource, the National Audit Office has warned. In the latest audit report, the Controller and Auditor General, Prof Mussa Assad, punched holes in the oil and gas …
The Nigerian Senate has received the report on the Petroleum Industry Governance Bill from its joint petroleum committee, marking the farthest step in reforming the country’s oil and gas sector through legislation in years. The report was laid on Thursday by the joint committee which consists of members of the …
This publication, 24th in the series is an annual publication of CSO and is a continued effort to provide a comprehensive picture of Energy Sector in India. Energy Statistics is an integrated and updated database of reserves, installed capacity, production, consumption, import, export and whole sale prices of different sources …
Libya’s biggest oil field was said to stop producing, leading to a 20 percent decline in crude output from the country with Africa’s largest reserves. The OPEC nation’s output dropped to 560,000 barrels a day, according to a person familiar with the matter who isn’t authorized to speak to the …
President Donald Trump on Tuesday signed an order to undo Obama-era climate change regulations, keeping a campaign promise to support the coal industry and calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners and coal company executives, Trump proclaimed his "Energy Independence" …
In a major move to boost cooperation in oil sector, Saudi Aramco signed an agreement with Malaysia’s national oil company Petronas here on Tuesday. The deal will allow Aramco’s equity participation in Petronas, which is developing a high-tech $27 billion oil processing hub in southern Johor state bordering Singapore. King …
Governor Nyesom Wike has constituted a panel to investigate emergence of black carbon that recently took over the atmosphere across Port-Harcourt and its environs. Several people have recently taken to social media with complaints about black soot in the oil-rich city. Pictures circulated online include ones that depict black smokes …
Dodoma — Four countries sharing the Lake Tanganyika basin will hold a meeting next week in the Democratic Republic of Congo (DRC) to discuss a joint exploration of oil and gas in the second deepest lake in the world. The minister for Energy and Minerals, Prof Sospeter Muhongo, yesterday told …
When developing oil and gas well pads, the vegetation and soil are removed to level the areas for drilling and operations. The new assessment approach, called the disturbance automated reference toolset, or DART, is used to examine recovery patterns after well pads are plugged and abandoned to help resource managers …
• Oil giant Shell is to launch a bid to leave the 10 vast concrete legs of three oil rigs standing in the North Sea for up to 500 years after the platforms have been decommissioned. • The company’s proposals also include the controversial suggestion that oil mixed with sediment …
A West African drive to clean up toxic fuels that campaigners say pose a health hazard to millions has run into difficulties less than two months after it was announced, according to importers, traders and other oil industry insiders. Late last year, Nigeria, Ghana, Benin, Togo and Ivory Coast unveiled …
LEGISLATORS in the Lower House, on Tuesday, passed a series of Bills that will see Rwanda Natural Resources Authority (RNRA) dissolved and replaced by three independent and specialised bodies focused on oil, gas, and minerals as well as land, water, and forestry. The basis of the draft laws was unanimously …
According to this report, India’s consumption growth of fossil fuels will be the highest by 2035 and it will overtake China as the largest growth market for energy in volume terms by 2030. Global demand for oil will still be growing in 2035 even with an enormous growth in electric …
The purpose of this study is to compare the generating efficiency and CO2-intensity of fossil-fired power plants for Australia, China, France, Germany, India, Japan, Nordic countries (Denmark, Finland, Sweden and Norway aggregated), South Korea, United Kingdom and Ireland (aggregated), and the United States. This is done by calculating separate benchmark …
The share of the world's electricity generated by coal is expected to fall to about 30 percent from approximately 40 percent in 2015 as the use of lower-emission energy sources including natural gas, nuclear and renewables increases says this report. Global population growth of nearly 2 billion, a doubling of …
The United States now produces as much crude oil as ever – over 3.4 billion barrels in 2015, just shy of the 3.5 billion record set in 1970. Indeed, the U.S. has become the world’s No. 1 oil and gas producer. The oil production boom has been aided by tax …
The livelihood of the Nenets people who live along the northern stretches of the Yenisei, Russia’s longest river, depends on two pursuits: fishing and reindeer herding. But locals have said both of those activities are under threat from an oil terminal due to be built on the Tanalau cape, near …
This report provides oil and gas companies and their investors with a framework to assess the resilience of company portfolios to climate- and technology driven shifts in demand, and to provide decision-useful insights that will help companies mitigate the vulnerabilities they face as energy markets transition to a low carbon …
This working paper outlines a recommended methodology for estimating and reporting the potential emissions from fossil fuel reserves held by coal, oil, and gas companies. The overall goal is the availability of transparent, credible, and consistent data on potential emissions that help illuminate companies’ effects on the carbon budget and …
Canada has approved Kinder Morgan Inc’s hotly contested plan to twin a pipeline from the Alberta oil sands to the Pacific coast, setting up a battle with environmentalists who helped elect the prime minister, Justin Trudeau. The Liberal government, seeking to balance demands from both greens and the energy industry, …
