Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
South Korea's proposal to resume whaling for scientific research has angered other Asian countries and conservationists who said the practice would skirt a global ban on whale hunting. Australian Prime Minister Julia Gillard said she would fight the proposal, which was made on Wednesday at a meeting of the International …
Much of the change in the Arctic is understood; little of it is reassuring . NY-ALESUND IS a special place in Arctic science. A huddle of wooden buildings by an icy fjord on Norway's island of Spitsbergen, high in the Barents Sea, it is the world's most northerly civilian settlement. …
New Delhi Industry body Ficci has told the Supreme Court that the auction method (i.e. a market-based system) adopted in allocation of natural resources can “indeed be successful in effectively distributing natural resources” if conducted openly and fairly. Ficci, in its reply to the Presidential Reference in the 2G spectrum …
Bikemaker Plans To Set Up . 300-cr Plant Ahmedabad: Gujarat’s Detroit dream seems to be on a fast lane. After Hero MotoCorp announcing a Rs 1,100-crore plant in the state, Korea’s Hyosung superbikes are all set to get a madein-Gujarat tag. Pune-based DSK group, which has taken over assembling, distribution …
The European Union needs to aim for a deeper emissions cut soon, to rescue a record low carbon price and spur long-term investment in low-carbon technology, leading carbon market players said at an industry gathering. Europe's economic slump has made it easier for the EU to reach its 2020 climate …
The urgent need to address climate change, the concerns about depleting fossil fuel reserves and volatile global oil prices, and the continuing economic crisis have, amongst other reasons, put “energy” at the center of public policy debates and discussions in the past few years. While the discussions are centered around …
North Korea is reporting a serious drought that could worsen already critical food shortages, but help is unlikely to come from the US and South Korea following Pyongyang's recent rocket launch. North Korea has had little rain since 27 April, with the country's western coastal areas particularly hard hit, according …
The Korean government is establishing water supply systems in the villages of Phalia, Mandi Bahauddin with a grant of US$4 million. Around 80,000 population of that area will be beneficiary of the project. Underground water of the region has been contaminated by the effluent of sugar mills in Phalia to …
Japan will put a commercial satellite into space on Friday, officials said, in its first foray into the European-and-Russian-dominated world of contract launches. The H-IIA rocket, which was developed by Japan Aerospace Exploration Agency (JAXA) and has been launched 20 times since 2001, will carry a South Korean payload, a …
The World Bank urged global governments Thursday to heed the environment when pursuing prosperity, rejecting what it called a myth that green growth is a luxury most countries cannot afford. The bank in a report said political considerations, entrenched behaviour and a lack of appropriate financing systems are the chief …
Bhubaneswar: South Korean Ambassador to India Kim Joong-Keun on Wednesday said Seoul was waiting for New Delhi's proposal for setting up a nuclear energy station in India. "We in Korea were expecting it but because of the not very positive atmosphere around nuclear power and energy, we are waitiung for …
South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a …
A South Korean delegation will conduct a week-long review this week of U.S. mad-cow safeguards and will meet with the top U.S. animal health official on Tuesday in the wake of a new U.S. case of the brain-wasting disease. A USDA spokesman said it is routine for trading partners to …
Britain's North Sea has the potential to lead the world in offshore wind and carbon capture and storage technology, British Prime Minister David Cameron said as over 20 companies signed a deal to turn the region into a major renewable energy hub. Major utilities such as Britain's Scottish Power and …
North Korea said on Tuesday that it had completed preparations to launch a satellite into orbit, as South Korea and other Asian nations told their airlines and ships to change their routes to avoid the North Korean rocket. South Korea had previously refrained from issuing such directions while it joined …
This year's frenzy of oil and gas exploration in newly accessible Arctic waters could be the harbinger of even starker changes to come. If, as many scientists predict, currently inaccessible sea lanes across the top of the world become navigable in the coming decades, they could redraw global trading routes …
Understanding the health impacts of heat waves is important, especially given anticipated increases in the frequency, duration, and intensity of heat waves due to climate change. The researchers examined mortality from heat waves in seven major Korean cities for 2000 through 2007 and investigated effect modification by individual characteristics and …
The directive puts the current single-largest FDI in the country at risk Within days of Prime Minister Manmohan Singh’s assurance to South Korea that all was well with the $12-billion Posco project, the situation has taken a new turn. In a major setback to the South Korean steel giant, the …
Placing fresh hurdles before India’s biggest FDI project — Rs 50,000 crore Posco Integrated Steel Plant in Odisha — the National Green Tribunal (NGT) on Friday suspended the final 2011 environmental order of the then environment minister Jairam Ramesh in favour of the Korean giant. The NGT did not cancel …
It seeks fresh review by experts, new conditions, compliance with deadline The Rs.51,000-crore Posco steel project in Odisha is back in limbo with the National Green Tribunal suspending the Environment Ministry's nod for the country's single largest FDI venture. The government has been told to have a fresh review conducted …
