Oil Products

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

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 …

World energy outlook 2008

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 …

Hold the price line

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 …

Mineral fuel and oil trade between India and Singapore: trends and issues

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 …

LPG wait list to be wiped out by month-end

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 …

Key world energy statistics 2008

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 …

Report of the high powered committee on financial position of oil companies

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 …

Ministry of Petroleum and Natural Gas

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.

Centre unlikely to ban export of petro products

The government is unlikely to give in to the demand made by the Samajwadi party

Blinkers on oil consumption

India is in danger of losing yet another opportunity to reduce its dependence on petroleum. (Editorial)

Poverty, climate and energy: the case against oil aid

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

Annual energy outlook 2008

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.

Shell says it has 55 years of reserves

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 …

Saudis put oil capacity rise on hold

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 …

An economic superpower, and now oil too

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 …

Russia braced for first oil production fall in 10 years

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 …

Opec reduces oil output despite pleas from west

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 …

Krugman: Grains gone wild

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 India to miss MoU targets

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 …

Forbidden fields: Oil groups circle the prize of Iraqs vast reserves

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 …

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