Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the important segment of Petroleum and Natural Gas Industries have also been presented in the publication. The Statistics presented in the current …
In December 2012, the Rangarajan Committee submitted its report on "Production Sharing Contract (PSC) Mechanism in Petroleum Industry". The report, inter- alia, recommended a formula for pricing of domestically produced gas. The Rangarajan Committee made the following observations in para 24.2 of their report while discussing "An Approach to Gas …
US oil and gas player Apache has made what is being heralded by some as Australia's largest oil discovery in the past 30 years, potentially pointing to a new oil province off the north-west coast. The field found by the Phoenix South-1 well, which had been seen more likely to …
11 new industrial estates planned The new Industrial Policy Resolution (IPR) 2014, Corporate Social Responsibility (CSR) and Special Economic Zone (SEZ) (IPR, 2014, CSR and State’s own SEZ) policies for the State will be announced by the end of this year, informed Industries Minister Debi Prasad Mishra on Saturday in …
Environmentalists on Monday protested at the headquarters of the U.S. Federal Energy Regulatory Commission, calling on the agency to stop approving liquefied natural gas export facilities until the climate change impacts of the projects are better understood. The protesters blasted FERC's refusal to consider the greenhouse gas emissions that would …
Ships are typically powered by heavy fuel oil or bunker oil, both of which produce harmful pollutants such as sulphur dioxide which can cause respiratory and heart problems. Such fuels contain 2.5 to 3 percent sulphur on average, which is up to 3,000 times the sulphur content of road fuel …
Clearance Awaited From Centre For Pipeline To Be Laid By GAIL In Rs 7.6k Cr Project There is good news for Bengal on the eve of World Environment Day . The state's need for green fuel is likely to be met in the next couple of years, with environmental clearance …
Questions about the reliability, affordability and sustainability of our energy future often boil down to questions about investment. But are investors ready to commit capital in a fast-changing energy world? This special report in the World Energy Outlook series takes up this question in a full and comprehensive update of …
Chinese NOCs first ventured overseas to invest in oil and gas production more than 20 years ago. Today, they have emerged to become international players with activities spreading across more than 40 countries and producing 2.5 million barrels of oil equivalent per day (mboe/d) of oil and gas outside of …
President Michelle Bachelet said on Thursday that Chile would build a new liquefied natural gas (LNG) terminal and strengthen the state-run oil company as she set out her $650 million energy policy that seeks to deal with a mounting power crunch. An LNG terminal would be built in the central-south …
Chile is gambling on overcoming a looming energy crisis in the biggest copper-producing country by generating more power with U.S. shale gas, just as prices of the fuel are rising. President Michelle Bachelet will unveil an energy plan this week that will rely on liquefied natural gas to ease the …
The finance ministry has stepped in to rescue the Dabhol Power Project, which is struggling to collect Rs 400 crore dues from Maharashtra's power utility. The ministry says it would deduct the amount from central funds to be transferred to the state if the dispute is not resolved amicably. The …
In what could spell fresh trouble for India’s hydrocarbon explorers, the Supreme Court on Thursday asked the government to explain why it chose the “complex” Rangarajan formula for gas pricing when it could have adopted “simpler methods” like cost-plus pricing or revenue-sharing. A bench headed by Justice BS Chauhan asked …
If all goes well, a 36 Megawatt(MW) power plant using natural gas will be commissioned at Brahmapuram by Kerala State Electricity Board (KSEB) by September 2015. The feasibility study of the project has been completed and the tender process is likely to commence by May or June this year. We …
Ahmedabad: The Gujarat high court on Tuesday granted two weeks’ time to the Gujarat Pollution Control Board (GPCB) to come up with the report on inspection of five units of zero discharge machines installed with gasifiers to reduce pollution in ceramic industrial units in Morbi. According to the HC directions, …
Natural gas is expected to be the fastest growing energy source until 2035 as global power consumption is likely to grow by an average 1.9% per year, according to a report. "Between 2012 and 2035, natural gas demand is expected to grow by an average 1.9% per year, outpacing all …
ONGC's giant gas field in Mozambique holds 45 to 70 trillion cubic feet (tcf) of recoverable reserves, 28% more than the minimum estimated resources when it invested $ 4.12 billion. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), bought a 16 per cent stake …
Diesel prices will certainly rise every month and stranded gas-fired power plants seeking relief may have to wait until the new government is sworn in by the end of May, but the code of conduct will not usher in another policy paralysis for environment clearances, foreign investment approvals and regulatory …
Fuel subsidies are a significant fiscal burden in India, costing on average 1.4 per cent of GDP since fiscal year 2008. This paper provides a concise overview of subsidies for liquefied petroleum gas (LPG), which is widely used as a cooking fuel, particularly in urban areas. The paper also describes …
With Lok Sabha elections barely two months away, Planning Commission deputy chairman Montek Singh Ahluwalia has suggested hiking the overall tariff of gas-based power by 50-85 paise per unit to help production of 28 GW of electricity, which the consumers should treat as an “opportunity cost.” Ahluwalia believes that allowing …
