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 …
Tar sands - bitumen that is extracted and upgraded to produce synthetic crude - has been heavily criticised for its poor environmental and social outcomes, locally and globally. Tar sands generates on average 3 to 5 times more greenhouse gas (GHG) emissions than conventional oil, representing a huge threat to …
This Report of the Standing Committee on Petroleum & Natural Gas deals with the action taken by the Government on the Recommendations contained in the Twenty-Fifth Report (Fourteenth Lok Sabha) of the Standing Committee on Petroleum and Natural Gas (2008-2009) on "Marketing, Supply, Distribution, Dealerships and Pricing of Kerosene and …
The petroleum sector, which includes the production, import, processing, transportation, and distribution of crude oil and refined products such as gasoline, heating oil, diesel, propane, and jet fuel, is a significant source of U.S. greenhouse gas (GHG) emissions. Recent GHG cap-and-trade proposals have covered petroleum-related emissions by placing the point …
Petroleum Minister Murli Deora today said the government was trying its best not to increase the prices of petroleum products. Deora will meet Finance Minister Pranab Mukherjee tomorrow to seek higher subsidy for oil marketing companies (OMCs). He also said any decision on petroleum pricing would be taken up only …
The oil and gas sector in India is the largest in terms of sales turnover, touching the lives of all citizens, providing uninterrupted supplies of oil products to the remotest parts of the country. The oil sector is the largest contributor to State exchequer through taxes.
The Energy Statistics in Asia and the Pacific (1990-2006) is a compilation of energy production, trade, transformation and consumption of the regional members of the Asian Development Bank (ADB) in Asia and the Pacific. Data show that despite having 56% of the world's population, the Asia and Pacific region produced …
This report examines the policy responses of 49 developing country governments to world oil price movements in the last three years. The sample includes 16 countries in Sub-Saharan Africa, 15 in Asia (Central, East, and South), 10 in Latin America, and 8 in the Middle East and North Africa. This …
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
