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Algae holds promise to make aviation carbon-neutral.

By : sustainabilityo..., Jul 22, 2010

The group, which owns Airbus, is showing off an aircraft powered by algae juice at the Farnborough Airshow this week. EADS (FR:EAD 16.36, -0.03, -0.15%)  is betting that the small aircraft, which completed its first successful flight last month in Germany, can help make air...

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Subject Tags: Disaster , oil

How to Play the Changing Shape of Energy Consumption?

By : sustainabilityo..., Jul 21, 2010

China, not the U.S., is now the world's top consumer of energy, according to a report released Monday by the International Energy Agency.

Last year, China consumed 2.252 billion tons of oil-equivalent (which is a sum-total measure of all forms of energy, including...

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Subject Tags: China , energy , oil , Technology

Can India's bioremediation process contain BP oil spill?

By : sustainabilityo..., Jul 20, 2010

Indian Energy and environment think-tank The Energy and Research Institute (TERI) holds the patent for Oilzapper formulation to clean up an oil slick using bacteria using a process called bioremediation.

Oilzapper is a bio-friendly homegrown cocktail of bacteria used...

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Subject Tags: Disaster , oil , Technology , TERI

India's Energy Reform Gaining Ground

By : sustainabilityo..., Jul 7, 2010

The Indian government announced May 25 that it was ceasing to subsidize the price of petrol and was cutting its subsidies on diesel, kerosene and liquid petroleum gas (LPG). It intends to move to a system of full market pricing for diesel over coming months. Kerosene and LPG...

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Subject Tags: oil

Govt plans to devise a new oil pricing formula

By : Preeti Aggarwal, Jul 6, 2010

The government plans to devise and publicly share a new pricing formula for key auto fuels, looking to inject greater transparency into an arcane system of price-setting amid hopes it will draw greater private participation in the state-dominated fuel retailing sector.

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Subject Tags: oil , Politics

India loses to China in global race to secure energy assets

By : sustainabilityo..., Jul 3, 2010

Union minister for petroleum and natural gas Murli Deora travelled to Nigeria, Angola, Uganda, Sudan, Saudi Arabia and Venezuela this year, leading a record number of delegations to gain oil for the world’s third fastest growing major economy.

The flurry of...

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Subject Tags: energy , oil

Sensex back in green; oil & gas, FMCG, PSU, banks up

By : sustainabilityo..., Jul 1, 2010

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Subject Tags: oil

India Advancing Its Strategic Initiatives To Fulfill Its Energy Security Needs

By : sustainabilityo..., Jun 3, 2010

India Advancing Its Strategic Initiatives To Fulfill Its Energy Security Needs ; India's rapidly increasing dependence on crude oil imports has made the country's energy sector vulnerable to external factors. The situation has made it imperative for the domestic government to...

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Subject Tags: energy , oil

ONGC Profit Rises 71%, Beating Estimates, on Higher Oil Prices

By : sustainabilityo..., May 29, 2010

Oil & Natural Gas Corp., India’s biggest energy explorer, posted a 71 percent increase in fourth- quarter profit, beating estimates, as crude oil prices rose.

Net income climbed to 37.8 billion rupees ($815 million) in the three months ended March 31 from 22.1...

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IndianOil to invest Rs2,000 cr in solar, wind power

By : sustainabilityo..., Mar 26, 2010

India’s largest oil refiner, the state-owned Indian Oil Corp. Ltd, or IOC, will invest around Rs2,000 crore to develop a wind power generation capacity of 200MW and a solar power generation capacity of 50 MW, said a top company official.

“Renewables will be a major...

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