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India's oil import struggles are affecting tanker trade as well

By : Sustainability ..., Sep 24, 2013

The latest troubles that India is facing regarding it's oil import bill, on the back of a significantly weakened rupee, is having an impact on tanker trade as well. In its latest report, London-based shipbroker Gibson, cited an FT article, regarding...

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Subject Tags: oil

As government readies shale policy, companies like RIL, Cairn, Essar bet on shale gas exploration

By : Sustainability ..., Sep 16, 2013

 Indian energy firms Reliance IndustriesBSE, Cairn India and Essar Oil have put shale oil and gas exploration and marketing on their priority list, encouraged with forecasts that the shale boom in North America will dislodge OPEC's hegemony over global energy trade.


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Government to build strategic crude oil storage capacity at four new locations

By : Sustainability ..., Aug 7, 2013

 Minister of State for Petroleum & Natural Gas Panabaaka Lakshmi told the parliament that government would set up an additional 12.5 million tonne strategic crude oil storage capacity in the country.

The project, which is being implemented by Indian Strategic...

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Subject Tags: oil

ONGC to start oil, gas production from KG basin by Sept

By : Sustainability ..., Jul 31, 2013

 State-owned Oil and Natural Gas Corp ( ONGC  ) is likely to start oil and gas production from its first deepsea field in Krishna-Godavari basin off Andhra coast by September. ONGC plans to use temporary facilities to begin production from G-1 marginal field in the KG basin...

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Board to push for coconut oil as bio fuel

By : Sustainability ..., Apr 17, 2013

The good old coconut oil may soon be in the list of emerging bio fuels in the country, if the latest initiatives of the Coconut Development Board are any indication.

The board is currently exploring the possibilities of using coconut oil as a fuel through tie-...

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Subject Tags: oil , Technology

Energy security: India pins hopes on access to US natural gas

By : Sustainability ..., Apr 12, 2013

Energy-hungry India looking to increase natural gas in its energy mix is urging the United States to greenlight liquefied natural gas (LNG) exports, arguing it would be an economic benefit to both nations.

A spike in US natural gas production in recent years,...

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Subject Tags: energy , oil , Technology

Biofuel business distress a boon for cooking oil and sugar consumers

By : Sustainability ..., Apr 7, 2013
Humans have a built-in weakness for fats and sugar and this summer there is a powerful reason to indulge. The basic ingredients of a happy meal — cooking oil and sugar — have become cheaper by Rs 4 a kilo in the past six months and prices are likely to...
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Subject Tags: oil

Soon, your car will run on used cooking oil

By : Sustainability ..., Mar 11, 2013

Used cooking oil may fuel your car soon.

The government has taken a clue from United States and Europe, where 75 % of used cooking oil is recycled to produce bio-diesel, and decided to have a similar frame-work for Indian eateries. As the first step in this...

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Subject Tags: oil

Starbucks to Eliminate Uncertified Palm Oil by 2015

By : Sustainability ..., Feb 27, 2013

Starbucks has agreed to purchase 100 percent of its palm oil from certified sustainable suppliers by 2015, according to Green Century Capital Management.

Starbucks made the change in response to a shareholder resolution filed by the Green Century Balanced Fund,...

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Shell Backs GlassPoint Solar Oil Recover Technology

By : Sustainability ..., Dec 13, 2012

GlassPoint Solar Inc., which is building the first plant in the Middle East that will tap heat from the sun to coax heavy crude oil out of aging fields, obtained funding from a group including Royal Dutch Shell Plc. (RDSA)

California-based GlassPoint said Shell...

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