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India's new govt to avoid palm oil duty hike-sources

By : Sustainability ..., Jun 5, 2014

NEW DELHI/KUALA LUMPUR, June 4 (Reuters) - India's new government will not raise duties on palm oil in the short-term, despite demands by domestic oilseed processors to cut cheap imports from the world's top producer Indonesia, official sources said on Wednesday.

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Subject Tags: India , oil

E.V. deployment could cut India’s emissions by 4 million tons by 2020

By : Sustainability ..., May 29, 2014

 By deploying electric cars on their roads, India can avoid importing 120 million barrels of oil and avoid 4 million tons of carbon dioxide by 2020.

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Need integrated thinking on oil & gas, power sector: Prabhu

By : Sustainability ..., May 22, 2014

 Former Union minister of Power Suresh Prabhu had spearheaded the first generation of reforms in the power sector during the NDA-I regime. He was also the author of the Electricity Act 2003. Giving an insight on how would the second generation of reforms shape up in the NDA-...

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Subject Tags: Business , energy , oil , Technology

Fuel subsidies cost governments in emerging markets more than $500 billion every year: IEA

By : Sustainability ..., May 21, 2014

 LONDON: Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF).

The biggest subsidies are...
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Government, IIT-Bombay launch solar project to reduce kerosene subsidy

By : Sustainability ..., May 13, 2014

The government has joined hands with IIT Bombay to implement cost-effective solar powered lighting solutions for rural population that will help save 36 million litres of kerosene and slash the subsidy bill on the polluting fuel by aboutRs 30,000 crore a year. 

The...

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Subject Tags: energy , oil , Technology

Oil India buys 50% stake in Russian oil block for $85 million

By : Sustainability ..., May 8, 2014

Oil India LtdBSE, the nation's second-biggest state-run explorer, has bought a 50 per cent stake in an oil block in Russia for $ 85 million. 

OIL last month signed an agreement with Ireland- registered but Russia-focused firm PetroNeft Resources plc to take a 50 per...

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Subject Tags: Business , oil , Technology

Kazakhstan offers India opportunity to explore Caspian Abai oil block

By : Sustainability ..., May 8, 2014

Kazakhstan has offered India an opportunity to explore Caspian Abai oil block.

The offer was made at the 11th Kazakhstan-India Inter-Governmental Commission (IGC) meeting that took place on April 24 and 25 in Kazakh capital Astana.

The Kazakh delegation was led...

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Oil companies go solar to light up lives of 1m school kids

By : Sustainability ..., Apr 30, 2014

 NEW DELHI: State-run oil biggies are to tap solar power to light up the lives of one million school-going kids and help them shine in academics. The companies are to provide solar home lighting systems so the children can study after dark without suffering the heat and toxic...

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Subject Tags: oil

With the era of 'easy oil' coming to an end, is solar energy the only option left for the ME?

By : Sustainability ..., Apr 27, 2014

 Driven by an energy-hungry population and unstable oil prices, countries in the Gulf and the wider MENA region are investing in various green energy options, with a focus on in solar energy.

The Middle East could see more than $50 billion investment in its solar power...

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Most of energy's increasing methane emissions will come from oil -- report

By : Sustainability ..., Mar 31, 2014

Oil wells, the oft-overlooked siblings of gas wells when it comes to U.S. EPA regulations, will be responsible for almost all the growth in methane emissions from the energy sector between 2011 and 2018.

That...

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Subject Tags: energy , oil