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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.


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Subject Tags: energy , oil

India to have highest growth in energy demand: report

By : Sustainability ..., Mar 10, 2014

 The growth in energy demand in India would be the highest among all countries by 2030-35, beating even China, says the 2014 energy outlook report issued by British oil giant BP.

“We project that by 2035, India will become increasingly import-dependent, despite...

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Subject Tags: energy , India , oil

Mining a challenge today, oil imports leading into drain of foreign exchange: MNRE

By : Sustainability ..., Feb 21, 2014

New Delhi, February 20, (ANI): Joint Secretary of Ministry of New and Renewable Energy Tarun Kapoor on Thursday said that mining in India had become a challenge and oil imports were leading into a drain of foreign exchange.


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Subject Tags: oil

Despite the politics, oil firms are planning to pay for emissions

By : Sustainability ..., Jan 31, 2014

Several of the largest international oil companies, along with other major companies, are taking the prospect of international carbon pricing seriously. This is documented in a report released late last year by the New York-based non-profit group CDP, formerly known as the...

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Subject Tags: oil

Palm Oil Advances Most in Week as Biofuel Demand Seen Increasing

By : Sustainability ..., Jan 28, 2014

 Palm oil climbed the most in almost a week after a decline to a two-week low boosted the outlook for the tropical oil’s use in biofuels.

The contract for April delivery gained as much as 0.9 percent to 2,552 ringgit ($768) a metric ton on the Bursa Malaysia...

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Subject Tags: oil

Oil Secretary Vivek Rae says India close to seeking loan from IMF

By : Sustainability ..., Jan 14, 2014

 High oil prices have pushed India to the brink of a severe energy crisis, taking it close to seeking a loan from the International Monetary Fund, but sheer good luck has saved the country so far, Petroleum Secretary Vivek Rae said. "We haven't gone to the IMF yet, but we are...

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India's struggling sugar mills seek solace in ethanol

By : Sustainability ..., Nov 5, 2013

Struggling sugar mills in India are seeking solace in producing ethanol from crushing sugarcane, as the government ramps up pressure on oil retailers to cut fossil fuel imports by blending gasoline with the biofuel.

New Delhi, scrambling for ways to cut nearly $20...

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Subject Tags: India , oil

India To Ask Reliance To Give Up 80% Of D6 Gas Block

By : Sustainability ..., Oct 30, 2013

India will ask Reliance Industries Ltd to relinquish 80 per cent of its east coast deepwater D6 gas block, including five discoveries, as the energy major has not adhered to timelines for developing the area, the oil secretary said.

"We are waiting for the oil minister...

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Subject Tags: Business , oil