The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Price hike required immediately, say executives. Murli DeoraThe continued rally in international oil prices has turned diesel margins red. Oil companies are losing Rs 2.96 on sale of every litre of diesel sold in the fortnight beginning June 16. Diesel accounts for 39 per cent of total petroleum product consumption …
Muzaffar Hussain Khan Magsi, chief of Seraiki Inqilabi Council, Rehmat-ullah Vardag, chief of Tehrik-i-Istaqlal, and Mansoor Ahmed Khan, chief of Pakistan Democratic Party, have said that the Advisor to Prime Minister on Finance, Shaukat Tarin was "a parrot of IMF", talking in its language. They said that the government is …
Ajay Modi / New Delhi May 19, 2009, 0:27 IST ...but direct sales to industry remain sluggish. Driven by rabi crop harvesting and general elections, consumption of petroleum products grew by 4.6 per cent in April, the second highest since September 2008, according to provisional data complied for the month …
World marketed energy consumption is projected to increase by 44 percent from 2006 to 2030. Total energy demand in the non-OECD countries increases by 73 percent, compared with an increase of 15 percent in the OECD countries. This report presents international energy projections through 2030, prepared by the Energy Information …
Ajay Modi / New Delhi April 17, 2009, 0:59 IST Signs of revival are increasingly becoming visible in the Indian economy. After steel and cement, it is the turn of petroleum products. Having witnessed a modest growth rate of 3.4 per cent and 2.5 per cent during January and February …
Ajay Modi / New Delhi April 13, 2009, 1:08 IST The battle between private oil companies and government oil marketing companies (OMCs) over petroleum product pricing is set to intensify. The Appellate Tribunal for Electricity (APTEL) has admitted the OMCs
The Annual Energy Outlook 2009 (AEO2009) presents projections and analysis of US energy supply, demand, and prices through 2030. The projections are based on results from the Energy Information Administration's National Energy Modeling System. The AEO2009 includes the reference case, additional cases examining energy markets, and complete documentation.
Shishir Prashant / Dehra Dun December 3, 2008, 0:46 IST Seoul-based Green Power Company is planning to invest $200 million in Uttarakhand for setting up a plant that will make alternative petrol from the by-products collected from oil refineries. The company, having business presence in China and Indonesia, is looking …
Rakteem Katakey & Vandana Gombar / New Delhi November 07, 2008, 0:16 IST Refining margins on some petroleum products like petrol, naphtha and fuel oil have turned negative as demand stalls and the world teeters on the brink of a recession. These so-called
Is the world facing a supply crunch due to geology or to inadequate investment? What type of post-Kyoto policy framework could stabilise greenhouse gases at low concentration levels? The answers to these burning questions and more are laid out in the World Energy Outlook 2008. The World Energy Outlook is …
Business Standard / New Delhi October 21, 2008, 0:18 IST With the price of the Indian basket of crude oil hovering around $63 a barrel, the possibility of a price cut is very much on the cards, especially now that election schedules have been announced for important states. While a …
This paper attempts to identify the main trends in bilateral mineral fuel and oil trade between India and Singapore. It focuses on the last five years (2003-2007) with the specific objective of identifying the leading commodities being traded on either side at a disaggregated level and the market determinants of …
Sujay Mehdudia NEW DELHI: The stern warning issued by Petroleum Secretary R.S. Pande to the oil marketing companies (OMCs) has paid off. The waiting list for new LPG connections has been reduced by almost 50 per cent and the oil companies have given an assurance that the remaining would be …
In 1997 the IEA produced a handy, pocket-sized summary of key energy data. This new edition responds to the enormously positive reaction to the books since then. Key World Energy Statistics from the IEA contains timely, clearly-presented data on the supply, transformation and consumption of all major energy sources. The …
The Prime Minister has constituted a high powered committee under the chairmanship of Shri B K Chaturvedi, Member, Planning Commission, to examine the financial position of oil companies. The terms of reference of the committee will be: to examine the impact of the increase in oil prices between 2004-05 and …
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.
For more than 25 years, wealthy countries have been using aid and other foreign assistance to subsidize the expansion of the international oil industry, a practice known as
