No surprise that India has been beaten by China for oil exploration bids in Myanmar, Kazakhstan and elsewhere over the past few years. With serious shortages and blackouts seriously affecting and threatening India’s economic growth, India is looking to Africa, South America, Pakistan, and elsewhere for new supplies.
Read article at Bloomberg
Archive for the ‘Oil’ Category
India Looks to Africa for Oil
Posted in Gas, India, Myanmar, Oil, Pakistan, Transportation on March 31, 2008 | 1 Comment »
China Fuel Shortages Spreading
Posted in China, Diesel, Oil, Transportation on March 24, 2008 | No Comments »
With oil prices over US$100/barrel, China’s independent refineries are understandably balking at supplying at a loss. The government is forcing independent suppliers to take the brunt of the massive inflation affecting the country, causing shortages to even Shanghai and Beijing.
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6 Key steps to meet Singapore’s energy needs
Posted in Air Pollution, Clean Energy, Cleantech venture capital, Climate Change, Coal, Conservation, Emissions Reduction, Energy Efficiency, Hydro, LNG, Legislation, Oil, Renewable Energy, Singapore, Solar, Solar Thermal on February 11, 2008 | 2 Comments »
February 10, 2008 (Lin Yanqin and Esther Fung) Spiralling oil prices, growing global demand for energy, limited and uncertain supplies from oil-producing countries, climate change from greenhouse gas emissions - these are the challenges faced by a Singapore dependent on imports for energy needs.But even if Singapore has to be a “price-taker” in meeting its [...]
S. Africa Declares Electricity Emergency
Posted in Conservation, Energy Efficiency, Legislation, Oil on January 25, 2008 | No Comments »
January 25, 2008 (AP) - South Africa will ration electricity, increase prices and encourage a switch to solar energy, all part of emergency measures now being undertaken amid power outages that have caused chaos and misery nationwide and threatened to choke economic growth.
Neighbors like Botswana and Namibia, which rely heavily on South African energy exports, [...]
China announces plastic bag ban
Posted in China, Conservation, Legislation, Oil, Recycling, Waste Management on January 19, 2008 | No Comments »
January 9, 2008 (BBC) - The Chinese government says it is banning shops from handing out free plastic bags from June this year, in a bid to curb pollution. Production of ultra-thin plastic bags will also be banned, the State Council said in a statement.
Instead, people will be encouraged to use baskets or reusable cloth [...]
Korean Biodiesel Market Crowded
Posted in Biodiesel, Biofuels, Clean Energy, Korea, Oil, Transportation on December 18, 2007 | No Comments »
December 17, 2007 (The Korea Times) - Use of biodiesel remains quite low at home. But the domestic biodiesel market seems to have reached saturation point already as demand fails to follow supply despite government efforts to increase the production and use of the alternative energy. South Korea has an annual production capacity of some [...]
Soaring oil prices a long-term threat to Asia — ADB
Posted in ADB, Oil on November 3, 2007 | No Comments »
November 2, 2007 (Reuters) - Rising inflation in emerging countries in Asia is still manageable but further rises in oil prices would pose a long-term threat to the region’s economies, a senior Asian Development Bank official warned Thursday.
“Obviously, the increase in oil prices is a big challenge,” Jong-Wha Lee, head of Regional [...]
Why Beijing Maintains its Healthy Thirst for Crude
Posted in China, Coal, Oil on October 22, 2007 | No Comments »
October 22, 2007 (Wall Street Journal) - Most of the world winced as crude-oil prices tiptoed above $90 a barrel, yet China — the world’s second-largest oil consumer behind the U.S. — appears set to continue sucking up oil at ever higher prices. Experts say the country isn’t entirely immune to oil’s price, but a [...]
