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 …

Global gas security review 2016

As the energy system becomes more globalised and interconnected, gas security challenges are evolving. The current period of gas oversupply – driven by overcapacity in the LNG market – should not overshadow the critical importance of global gas security. The Global Gas Security Review 2016, the first edition of a …

World Energy Outlook 2016

As a result of major transformations in the global energy system that take place over the next decades, renewables and natural gas are the big winners in the race to meet energy demand growth until 2040, according to the latest edition of the World Energy Outlook, the International Energy Agency’s …

World Energy Outlook 2016

As a result of major transformations in the global energy system that take place over the next decades, renewables and natural gas are the big winners in the race to meet energy demand growth until 2040, according to the latest edition of the World Energy Outlook, the International Energy Agency’s …

Indian Petroleum and Natural Gas Statistics 2015-16

The Indian Petroleum & Natural Gas Statistics presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …

Hundreds in Los Angeles protest climate change, North Dakota pipeline

Hundreds of people gathered in Los Angeles on Sunday to protest against climate change and show support for activists demonstrating against the construction of an oil pipeline in North Dakota. Several Hollywood stars, including Mark Ruffalo and Susan Sarandon, were among the more than 800 people who attended the climate …

Evaluation of impacts of Regional Comprehensive Economic Partnership on Vietnam oil imports

This paper assesses impacts of Vietnam’s participation in the Regional Comprehensive Economic Partnership on its oil import. Based on a partial equilibrium analysis and gravity regression framework, it is clear that potential tariff elimination according to commitments as expected in RCEP is going to boost import volume of oil products …

US drives rainforest destruction by importing Amazon oil, study finds

US imports of crude oil from the Amazon are driving the destruction of some of the rainforest ecosystem’s most pristine areas and releasing copious amounts of greenhouse gases, according to a new report. The study, conducted by environmental group Amazon Watch, found that American refineries processed 230,293 barrels of Amazon …

Report of the Committee (Justice A. P. Shah Committee) on dispute regarding oil and gas blocks in Krishna-Godavari Basin

A government-appointed panel examining a dispute over migration of gas from Oil & Natural Gas Corporation (ONGC)-held blocks in the Bay of Bengal to adjacent fields of Reliance Industries (RIL) will submit its report to the Ministry of Petroleum by August 31. The single-member committee was formed in December 2015 …

Carbon clean 200: investing in a clean energy future

Seven Indian companies have made it to a carbon-clean list of 200 largest companies worldwide ranked by their total clean-energy revenues. The list is topped by Japan's Toyota Motor followed by Germany's Siemens AG. The ranking has been done by As You Sow and Corporate Knights. Among Indian companies are …

Report of the Comptroller and Auditor General of India on Crude Oil Production Measurement and Reporting System in ONGC

Audit Report No.21 of 2016 of the Comptroller and Auditor General of India (C&AG;) is on the audit of Crude Oil Production Measurement and Reporting System in ONGC. Following a report on over-reporting of crude oil production in Ankleshwar Asset, an audit of the crude oil measurement and reporting system …

Requesting for investigation of the responsibility of the carbon majors for human rights violations or threats of violations resulting from the impacts of climate change

World's largest carbon producers face landmark human rights case. Filipino government body gives 47 ‘carbon majors’ 45 days to respond to allegations of human rights violations resulting from climate change. The world’s largest oil, coal, cement and mining companies have been given 45 days to respond to a complaint that …

The carbon underground 2016: managing the climate risks of fossil fuel companies in investment portfolios

This report presents an analysis of the latest rankings of The Carbon Underground 200TM (CU200), FFI’s list of the top publicly-traded coal, oil, and gas reserve owners ranked by the potential carbon emissions content of their reported reserves. The 2016 CU200 list was created using data available as of May …

Fossil Fuel Industry Risks Losing $33 Trillion to Climate Change

The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst. Government regulations and other efforts to cut carbon emissions will inevitably slash …

Chinese energy consumption growth at 17-year low: report

BEIJING - China's energy consumption last year grew at its slowest pace since 1998 and its carbon dioxide emissions also posted a first negative growth in 17 years, according to an industry report released on Thursday. Chinese energy consumption only grew 1.5 percent in 2015 year on year, the lowest …

Haifa oil spill prompts warnings to avoid nearby beaches

While the work was being done off the coast of the city’s Kiryat Haim neighborhood, a boat carrying out the dismantling process accidentally damaged one of the pipes, causing the remaining oil contained within to leak out. A spokesman for the company noted that as soon as the event happened, …

Pipelines affect health, fitness of salmon, study finds

Pipelines carrying crude oil to ports in British Columbia may spell bad news for salmon, according to a new University of Guelph-led study. Exposure to an oil sands product - diluted bitumen - impairs the swimming ability and changes the heart structures of young salmon. The research will be published …

Pressure mounts on G20 for fossil fuel subsidies deadline

Energy ministers from the Group of 20 major economies meeting in Beijing this week came under a three-pronged attack on Tuesday over their failure to agree a deadline for the phasing out of subsidies on fossil fuels. Officials from the United Nations and European Union, plus 200 non-governmental organizations, urged …

BP Statistical Review of World Energy 2016

The BP Statistical Review of World Energy provides high-quality objective and globally consistent data on world energy markets. The 65th edition of the BP Statistical Review of World Energy sets out energy data for 2015, revealing a year in which significant long-term trends in both the global demand and supply …

Norway brings forward carbon neutrality goal to 2030

Norway's parliament has agreed on a goal to cut the country's net greenhouse gas emissions to zero by 2030, moving the target forward by 20 years, an official at the national assembly said on Tuesday. To achieve this goal, oil and gas producing Norway will have to lower its carbon …

Exxon shareholders pass measure that may put climate expert on board

Voters at Exxon Mobil Corp's (XOM.N) annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company. The so-called proxy access measure was the first Exxon …

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