India’s Oil Supply and Demand Gap Widening

(MARITIME EXECUTIVE) India was the fourth-largest consumer and fourth-largest net importer of crude oil and petroleum products in the world in 2013, after the United States, China, and Japan. [Read more…]

Need for carbon capture pressing as global coal use surges

(ABC) The International Energy Agency (IEA) says the cost of carbon capture and storage (CCS) for coal fired power stations is dropping at a time when coal use is ramping up. [Read more…]

Geothermal Investment Shifts Renewable Energy Attention to Indonesia

(GLOBAL INDONESIAN VOICES) Indonesia is a powerful commodities house with an abundance of various natural resources. [Read more…]

Indonesia to more than double LNG prices at Tangguh

(REUTERS) Indonesia’s energy ministry will more than double the price of liquefied natural gas (LNG) from its Tangguh plant, operated by Britain’s BP, a government official said. [Read more…]

At the Wellhead: Indonesia tries to kickstart its faltering oil industry

(PLATTS) As Indonesia, once an OPEC member and top LNG exporter, comes to terms with a new reality that awaits it — that in the next five years it is going to become a net importer of energy — the industry is urging the government to do what is necessary to kickstart the E&P engine. [Read more…]

Sugarcane Breeding Institute develops ‘energy canes’

(ECONOMIC TIMES) City-based Sugarcane Breeding Institute has developed energy canes, which are expected to give high yield and is being evaluated at Samalkot in Andhra Pradesh, a senior institute official said today. [Read more…]

Challenge for India to ease power shortage

(THE NATIONAL) For BVR Mohan Reddy, the head of a major information technology company based in Hyderabad, electricity is vital to his business, but he finds securing power in India a major challenge. [Read more…]

As oil flows east, race is wide open to price Asia’s imports

(REUTERS) China will increasingly dominate global oil trade with a fuel import bill worth half a trillion dollars a year by the end of the decade – a lucrative prospect for futures exchanges battling to provide the benchmark to price Asia’s oil. [Read more…]

Deepwater well construction requires precision, thorough planning

(OFFSHORE) Deepwater well construction is all about planning and logistics. Typically, if these two challenges are not handled flawlessly, they can cause more issues than drilling and completion. [Read more…]

Tough fiscal terms seen as major threat to IOCs’ exploration activities

(BUSINESS DAY) Tough government fiscal terms have been identified as the major challenge facing oil exploration by international oil companies (IOCs). This is against the background of the downturn in exploration activity in the oil and gas industry, especially in the deepwater, coupled with decreasing resource size and uncertain gas terms, according to industry operators. [Read more…]