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 …
The Annual Energy Outlook 2008 (AEO2008) 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 AEO2008 includes the reference case, additional cases examining energy markets, and complete documentation.
Royal Dutch Shell has sought to calm concerns about diminishing oil reserves and access to new supplies, arguing that its existing resource base will provide 55 years of production at current production levels. "We still have a lot of legacy [positions] from the past,'' said Jeroen van der Veer, Shell's …
Saudi Arabia, the world's biggest oil producer, has put on hold any plans to further increase long-term production capacity from its vast oil fields, its most powerful policymakers have said. In a series of statements, including one by the king himself, the kingdom has warned consumers it does not believe …
Oil could transform Brazil's economy. But not necessarily for the better THE legend is that Brazil never lives up to its vast potential. When Stefan Zweig, an exiled Austrian writer, said in 1941 of his new home that it was the "country of the future', popular humour quickly added the …
Five years ago Russia's rapidly growing oil exports were seen as the cure for the US and Europe's addiction to Middle East oil, international oil companies' most exciting potential source of revenue and the only thing that could quench China's insatiable new thirst. But today Russia is bracing itself for …
The Organisation of the Petroleum Exporting Countries has quietly begun to reduce its oil production despite calls from the US and Europe for the group to pump more so that prices fall. Output from the core countries of the 13-member cartel last month fell to 27.3m barrels a day, down …
Grains gone wild What's behind the world food crisis? These days you hear a lot about the world financial crisis. But there's another world crisis under way - and it's hurting a lot more people. I'm talking about the food crisis. Over the past few years the prices of wheat, …
Oil exploration and production major Oil India Limited (OIL) has informed the oil ministry that the company would not be able to meet the MoU targets for this year due to environmental problems. In a recent meeting with the oil ministry, OIL expressed concern about the shortfall in production against …
Royal Dutch Shell has been quietly working with Iraq's oil ministry over the past two years, advising it on how to increase the production of two oilfields. Under an agreement struck after the 2003 invasion, no one from the company, Europe's largest oil group, has set foot in the troubled …
Proper energy planning is essential for achieving energy security. Every country has to formulate its own policy to optimize the use of different energy sources for meeting the demands of its household, agricultural, industrial and commercial sectors. This necessitates an integrated and updated database of the production and consumption of …
With the declared objective of moving towards market determined prices for petroleum products, Government announced the dismantling of the Administered Pricing Mechanism (APM) effective 1.4.2002. However, it was decided to continue to subsidize PDS kerosene and domestic LPG on the ground that these were fuels of mass consumption largely consumed …
The G7 has urged oil producers to increase output for stabilising prices and called on countries with fixed exchange rates to adopt market-based systems. The requests were made in a communiqu
A farmer in Thailand has made a fuel from coconut oil. Yuthachai, claims that the fuel is a good alternative to diesel. At present the fuel is being used by 60 per cent vehicles in the Thap Sakaetrict region. Earlier, there was a little difference between the prices of the …
vaccine launch: SmithKline Beecham (SB), an International Healthcare system, would launch several vaccines in India during 1998-99. These include a hepatitis-A vaccine, a two-in-one hepatitis A & B vaccine and another targeted at preventing chicken pox. Says M McDonald, managing director of SB Pharmaceuticals-India, "The combined recombinant-based hepatitis A&B; vaccine …
Two Indian researchers have developed a blend that consists of only 50 per cent petrol and the rest being industrial alcohol and 1-4 per cent co-solubliser. The alcohol has 95 per cent ethyl alco-hol and five per cent water. C Chiranjeevi, a member of the Council of Scientific and Industrial …
NATURAL organisms are once again coming to the aid of humans in rectifying past errors. Soil pollution, caused by oil products mainly in the oil-producing regions, can now be overcome by means of a biological preparation - putidoyl - consisting of a mixture of tiny microbes and minerals. The preparation …
MURPHY'S oft-proven first law -- "If something can go wrong, it will" -- is something which appears to have been given the go-by, on their fast-forward to striking paydirt, by the decisionmakers at the Oil and Natural Gas Commission (ONGC), if the experience at the recent blowout at Allwaram village …
Two of the country's most widespread weeds, Parthenium (Congress grass) and water hyacinth, will be used to produce petroleum-based chemicals. The National Environmental Engineering Research Institute (NEERI) in Nagpur has discovered these weeds and other cellulose-rich wastes such as banana stems can totally replace petroleum products used in the production …
