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 …
An Indian tribunal dealt a fresh blow on Friday to a long-delayed, high-profile steel project proposed by the South Korean company Posco by suspending its environmental approval and directing regulators to review the project again. The decision by the National Green Tribunal comes more than a year after the Indian …
The Rs 50,000-crore Posco steel plant in Odisha hit a snag after the National Green Tribunal denied clearance to the project. The Tribunal held that the project will remain suspended till the Environment Ministry reviews it afresh. It pointed out that while the memorandum of understanding between the Odisha Government …
A leading South Korean Company K-Water will invest in different hydal projects in Pakistan to generate around 3000MW electricity to help in resolving energy crisis. This was disclosed by Chairman Korean Water Resources Corporation known as K-Water Kim Kuen Ho while meeting with Prime Minister Gilani on Wednesday. Chairman Board …
Nepal Electricity Authority and Water Resource Corporation (K-Water) of South Korea have singed an agreement for the development of Upper Modi ‘A’ Hydropower Project on Tuesday. The agreement was signed between the representatives from the NEA and K-Water in the presence of State Minister of Energy Suryaman Dong and ministry …
North Korea gave details for the first time of a "weather satellite" it plans to send into orbit next month, a launch the West sees as a disguised ballistic missile test which has prompted criticism from the reclusive state's only major ally, China. The North's KCNA news agency described it …
Prime Minister Manmohan Singh today asked South Korean businessmen to help India expand its burgeoning solar and nuclear power sectors by investing in these environment-friendly technologies. "We are committed to increasing energy efficiency and the share of renewables, including solar and nuclear power, in our energy mix," Singh told a …
Prime Minister Manmohan Singh on Sunday assured South Korean President Lee Myung-bak on the implementation of the $12-billion Posco steel project in Odisha. During the bilateral talks, Singh told Lee that there was progress on the Posco project, which has been dubbed as the single largest foreign direct investment in …
As the world grapples with the increasing threat of sensitive nuclear technologies and materials falling into the hands of terror outfits like the Al Qaeda or the manufacture of “dirty bombs”, world leaders will gather in Seoul, South Korea, early next week to discuss the various issues surrounding nuclear security. …
With barely a fortnight to go for Prime Minister Manmohan Singh’s visit to South Korea, his office has convened a high-level meeting on Monday to take stock of the hurdles faced by Pohang Steel Company (Posco) in setting up a Rs 54,000 crore, 10 million tonne steel project in Odisha. …
India's businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal deficit. After a drubbing in recent state elections, the government has little …
Obama administration officials say they are concerned India may run afoul of a new US law restricting payments for Iranian oil, forcing the White House to impose sanctions on one of its most important allies in Asia. So far this year, India is failing to cut back its purchases of …
Contrasting lessons from Germany's 20-year pursuit of solar and wind power shows how other countries might create industrial champions to develop new energy technologies. A long-term, global energy recipe for climate change and security may be emerging, as countries plan broadly to shift to gas from coal, to electricity and …
A growing number of national and regional governments are likely to use voluntary carbon credits to meet mandatory climate targets, a report by U.S. research company Ecosystem Marketplace said on Thursday. The report said about 20 government programs had engaged with the voluntary carbon market, despite doubts by some companies, …
In recent years, patenting has been considered one of the major drivers for enhancing national competitiveness and most of the advanced countries have been more actively enforcing patent protection. However, the indicators proposed in previous studies have not been able to deal adequately with the various dimensions of patenting, rather …
South Korea's parliament has delayed a vote on an emissions trading scheme scheduled for Thursday because of political wrangling between the government and opposition ahead of parliamentary polls in April, a government official said. If approved, the scheme to cap South Korea's growing emissions of carbon dioxide from early 2015 …
Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals and even Europe's crippling sovereign debt crisis. The EU's Emissions Trading Scheme (ETS), introduced on January 1, has drawn howls of …
New Delhi India maintained its position as the fourth largest steel producer in 2011, despite 5.7 per cent output growth as against the world average of 6.8 per cent, the World Steel Association (WSA) said. Recording an increase of 6.8 per cent in 2011 over 2010, global steel production hit …
The brown planthopper Nilaparvata lugens (Stål) is the most serious pest of rice across the world, especially in tropical climates. N. lugens nymphs and adults were exposed to high temperatures to determine their critical thermal maximum (CTmax), heat coma temperature (HCT) and upper lethal temperature (ULT). Thermal tolerance values differed …
Under growing pressure from the United States, some of Asia’s largest economies are reluctantly looking for options to reduce the amount of oil they buy from Iran, a move that would further tighten the economic vise on an increasingly defiant nation that announced plans for a new round of naval …
