The 2025 Interconnected Disaster Risks report shifts focus from diagnosing problems to mapping out solutions. It establishes that many of today’s solutions are surface-level fixes, and that to create lasting change, we need to question the societal structures and mindsets that perpetuate these challenges. The report offers a more holistic …
Rakteem Katakey / New Delhi August 21, 2008, 0:24 IST Reliance Petroleum, a subsidiary of India's largest private company Reliance Industries (RIL), will begin producing petroleum products from its new refinery in Gujarat early next month, sources said. The Mukesh Ambani-owned company has started testing in the world's sixth largest …
Hyderabad, Aug. 12: Reliance Industries has decided to go ahead with crude oil production from the Krishna-Godavari (K-G) basin Dhirubhai-26 fields as there are no legal restrictions on oil production from the basin. RIL sources said production of crude oil will start from the third week of September and an …
The western Amazon is the most biologically rich part of the Amazon basin and is home to a great diversity of indigenous ethnic groups, including some of the world's last uncontacted peoples living in voluntary isolation. Unlike the eastern Brazilian Amazon, it is still a largely intact ecosystem. Underlying this …
Petrobras is to reduce exploratory activities abroad in order to concentrate on exploiting a potentially huge Brazilian offshore oilfield, according to the company's president and chief executive. Jos
The Ministry of Petroleum & Natural Gas is entrusted with the responsibility of exploration and production of oil and natural gas, their refining, distribution and marketing,import, export, and conservation of petroleum products and Liquified Natural Gas.
Recently the Web site The Politico asked Nancy Pelosi, the speaker of the House, why she was blocking attempts to tack offshore drilling amendments onto appropriations bills. "I'm trying to save the planet; I'm trying to save the planet,' she replied. I'm glad to hear it. But I'm still worried …
Abhineet Kumar / Mumbai July 29, 2008, 0:02 IST Reliance Industries and Oil & Natural Gas Corp (ONGC), two of India's biggest oil explorers, failed to benefit from record crude oil prices in the first six months of this year as the availability of rigs declined during the period. This, …
Proposed Duty Cuts To Hasten Its Advent THE reported proposal to reduce excise on polymers, plastics and other petrochemical products makes ample sense. The duty reduction on the cards would reduce costs, boost demand and, generally speaking, positively affect a host of downstream industries, including synthetic textiles. The proposal to …
ARUN DUGGAL YOU should never make predictions, especially about the future', advised Samuel Goldwyn. Forecasting future price of oil is even more hazardous. Yet, in this article we gaze into the crystal ball to guess where the price of oil is headed. Last month Mr Alexei Miller, CEO of Russia's …
Experience Shows Windfall Tax Can Dampen Investor Confidence, Cut Reinvestment And Stultify Markets & Growth THE recent, select demands to levy windfall taxes on private-sector petroleum companies does call for a proper policy debate. It's a current issue in public finance, no doubt driven by the recent flare up in …
Oil prices tumbled Tuesday as US stocks sold off amid worries about America's economic health. Prices dropped more than $10 a barrel from their highest point of the day. At midday, light, sweet crude fell $6.27 to $138.91 in an extremely volatile session. The turnaround may not signal a lasting …
There is no alternative but to free the oil sector from price management and create a vibrant competitive market. This entails removal of entry barriers, third-party access to key oil infrastructure such as ports and terminals, says T N R Rao. IF ONE thought that the credit crunch triggered by …
Press Trust Of India / Lima July 09, 2008, 0:12 IST Reliance Industries (RIL) has signed an agreement with Peru's Perupetro to jointly explore for oil and gas in the Andean country,Cesar Gutirrez ,president of Peru's state-run firm, said. "We'll be formalising the agreements reached in these past weeks. Also, …
Opec president Chakib Khelil warned on Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News. "The price of oil will rise again in the coming weeks. We have to follow the evolution of the dollar, because a 1% fall in …
Rakteem Katakey / New Delhi July 04, 2008, 0:43 IST India's search for oil to meet its growing energy needs is taking its flagship company, Oil and Natural Gas Corporation (ONGC), to every corner of the world. ONGC's latest destination is Angola, which produces around 1 per cent of the …
LONG before the fuel price increase was announced on June 4, its political dimensions had come up time and again in discussions among partners of the United Progressive Alliance (UPA) government at the Centre. The debate was on even during the run-up to the Assembly elections in Karnataka, which were …
Chaturvedi Panel Feels States Should Follow Centre's Example To Contain Petro Price Spiral STATES, which have earned a whopping Rs 65,000 crore as tax revenues from the oil sector in 2007-08 thanks to the high oil prices, may now have to relook at their tax structure. The high-level committee constituted …
Madrid: Iran on Wednesday refused to follow Saudi Arabia in raising its crude production to calm volatility in the international oil markets, even as it remained ambivalent on whether Tehran will use oil as a weapon to retaliate if its nuclear installations came under attack from Israel. "We have some …
MADRID: In a clear indication that India - and other developing economies - had better get used to high oil prices, the cartel of oil exporting countries, which fuels four out of every 10 consumer, on Monday threw out finance minister P Chidambaram's suggestion that OPEC should restore the price …
the Bangladesh government is mulling over not giving out new gas connections as a measure to check the depleting supply in the country. The measure comes at a time when the demand of gas is increasing everyday in the country.
