Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Fuel Pricing
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Raise in fertiliser, diesel prices: farmers threaten to hold demonstrations
The Kisan Board Pakistan, Punjab Chapter President Khurshid Ahmed Kanju has announced a strong protest demonstration across the Punjab against the increase in fertiliser, diesel and electricity prices on August 7. According to a press release, the decision was taken during a meeting of the Kisan Board Pakistan held here on Wednesday. Kanju said that the fertiliser dealers and stockist are collecting million of rupees from helpless farmers by selling fertilisers at high rates and that the government has failed to provide any relief to the farmers.
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Carbon-intensive activity opposed
Terry Macalister Oil companies at the centre of the tar sands revolution in Canada are facing a backlash from members of the ethical investment community determined to bring a halt to these operations for environmental reasons. A joint report from Co-operative Investments and the wildlife charity WWF released on Tuesday will be followed up in September by a meeting of the UK Social Investment Forum (UKSIF) to press for an end to this carbon-intensive activity.
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LPG prices raised by Rs 3-5 per kg
Liquefied petroleum gas (LPG) prices have been increased by Rs 3 to Rs 5 per kg, or Rs 30 to Rs 50 per 11.8 kg cylinder and Rs 115 to Rs 230 for 45.4 kg cylinder by local marketing companies. LPG Distributors Association Pakistan Chairman Abdul Hadi Khan said that due to lack of government concern, the production of LPG has been reduced by 500 tons per day and some conspirators have planned to link its price with Saudi Aramco contract price.
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Oil cos to breathe easy on export-parity fuel prices
2008-09 Losses Could Fall Rs 45,000 Cr Under Chaturvedi Panel-Mooted Structure Deepshikha Sikarwar & Rajeev Jayaswal NEW DELHI THE estimated loss figures of oil companies at Rs 2,45,000 crore for 2008-09
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RBI sees dark clouds over Indian economy
RBI sees dark clouds over Indian economy Bs Reporter / Mumbai July 29, 2008, 0:24 IST The Reserve Bank of India today painted a gloomy picture for the economy. A survey conducted by the central bank said India's gross domestic product (GDP) would grow 7.9 per cent this year against the earlier projection of 8.1 per cent. Adding to the grim forecast was the RBI's assessment that the inflation rate would remain a concern, owing to high global oil and food prices.
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Politics & fuel subsidy
To understand why fuel prices in the United States have soared over the last year, it helps to talk to the captain of a battered wooden freighter in Indonesia. He pays just $2.30 a gallon for diesel, the same price Indonesian motorists pay for regular gasoline. His vessel burns diesel by the barrel, so when the government prepared for a limited price increase this spring, he took to the streets to protest. "If the government increases the price of fuel any more, my business will collapse totally,' said the boat captain, Sinar, who like many Indonesians uses only one name.
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Inter-state power trading needs policy backup
Diesel, A Transportation Fuel, Is Cheaper For Power Generation Than Traditionally Used Liquid Fuel Jaideep Mishra NEW DELHI THERE are reports of crippling shortages of electricity pan-India and rising dieselisation in tandem, to fuel power generation. It seems to point at a deficit in policy making. Note that cross-country trading of electricity remains minuscule, notwithstanding nominally power surplus regions. It's also a fact that the margin on power trading remains clamped at a lowly 4 paise per unit. What's surely required is holistic energy policy.
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Driving Deluxe
The bad news for all potential car buyers is that the price of crude oil has now topped $147 a barrel, which means hikes in fuel prices is only a matter of time. The good news is that India leads the world in the growth rate of dollar millionaires. At last count, these exceeded 100,000 and were growing at 21 per cent per year. These are buyers who look for Rs 50-lakh car, and don't lose sleep over fuel prices.
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Food crisis, fuel price hike to figure at SAARC Summit
B. Muralidhar Reddy Member nations to sign accord for launch of SDF Heads of state likely to hold bilateral meetings To sign pact for Afghanistan's entry into SAFTA COLOMBO: The process for the SAARC Summit, scheduled here on August 2 and 3 was set in motion on Sunday with the meeting of the programming committee consisting of senior officials from the member countries.
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'Oil cos overstating deficit from sale'
BS Reporter / New Delhi July 24, 2008, 15:24 IST The oil marketing companies have been overstating the deficit from sale of subsidised petroleum products, according to Planning Commission member B K Chaturvedi. He however declined to share the extent of this over-estimation. A committee headed by him has been examining the "reported deficit and the real deficit faced by oil marketing companies as a result of price constraints imposed on them."