oil product

Government hikes diesel price by Rs.five a litre (Second lead)


September 13th, 2012 - 11:05 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday announced a hike in diesel price by Rs.five a litre and restricted availability of cooking gas cylinders per family to six ... Read more...

Posted in Business |

South Korea’s consumer price index rises


September 3rd, 2012 - 1:08 pm ICT by IANS
Seoul, Sep 3 (IANS) South Korea's consumer price index rose 1.2 percent in August from a year earlier, staying in the 1 percent level for two straight months, a report ... Read more...

Posted in Business |

South Korea’s consumer prices rise


July 2nd, 2012 - 3:51 pm ICT by IANS
Seoul, July 2 (IANS) South Korea's consumer prices rose 2.2 percent in June from a year earlier, staying below the midpoint of Bank of Korea (BOK)'s inflation target band of ... Read more...

Posted in Business |

`Downside risks to South Korean economy remain high’


December 8th, 2011 - 1:34 pm ICT by IANS
Seoul, Dec 8 (IANS) Downside risks to the South Korean economy remained high due to external uncertainties such as Europe's debt crisis and economic slowdown in major economies, the central ... Read more...

Posted in Uncategorized |

Belarusian police cordon off Minsk central square to quell protest


June 16th, 2011 - 2:12 am ICT by IANS
Minsk, June 16 (IANS/RIA Novosti) Belarusian police cordoned off a central square in Minsk Wednesday as the country's opposition called for a mass protest against government measures to prop up ... Read more...

Posted in Politics |

Belarusian President warns action against protesters


June 15th, 2011 - 5:04 am ICT by IANS
Minsk, June 15 (IANS/RIA Novosti) Belarusian President Alexander Lukashenko said Tuesday he will clampdown hard on anyone found protesting against an export ban on fuel and certain goods, the Belta ... Read more...

Posted in Politics |

World oil demand to grow by 1 mb/d: OPEC


July 16th, 2010 - 12:33 am ICT by IANS
Vienna, July 15 (IANS/WAM) Driven by the global economic recovery, the world oil demand is projected to grow by 1 million barrels (mb/d) per day to 86.4 mb/d in 2011, the Organisation ... Read more...

Posted in Business |

Despite tar balls, Florida beaches remain open to the public


July 11th, 2010 - 8:08 pm ICT by Aishwarya Bhatt
Florida, July 11 (THAINDIAN NEWS) Despite several health concerns, most of the beaches at Florida remain open. This is indeed surprising, as tar balls have been found at the beaches.Concerns over the ... Read more...

Posted in World News |

Huge blob of mysterious Arctic goo may be biological in origin


July 17th, 2009 - 4:25 pm ICT by ANI
Washington, July 17 (ANI): Huge blob of mysterious goo floating through the Chukchi Sea in the Arctic Ocean has baffled experts, who say the stuff might be biological.The blob is thick and ... Read more...

Posted in Health Science |

Marine algae may be future of biofuel development


January 5th, 2009 - 5:20 pm ICT by ANI
Washington, Jan 5 (ANI): Scientists have determined that biofuel development is shifting from soil to sea, specifically to marine algae. Referred to as "green bullet", marine algae is considered as science ... Read more...

Posted in Health Science |

World oil demand to shrink for first time in 25 years


December 11th, 2008 - 6:14 pm ICT by IANS
Paris, Dec 11 (DPA) As the world economy slides deeper into recession, global oil demand will shrink in 2008 for the first time in 25 years, the International Energy Agency (IEA) said ... Read more...

Posted in World |

Demand, not speculation, is driving oil prices: IEA


July 1st, 2008 - 8:16 pm ICT by IANS
DPA Paris, July 1 (DPA) A growing demand for petroleum products by developing nations is the main factor behind the soaring cost of crude oil, the International Energy Agency (IEA) said in its ... Read more...

Posted in Uncategorized |

Iraqi oil could help ease pressure on global economy: India


June 12th, 2008 - 10:01 am ICT by IANS
New Delhi, June 11 (IANS) If Iraqi crude oil begins to flow into the market it can have a positive impact on the global economy that is already showing signs of retardation, ... Read more...

Posted in Business |

India paying price for global oil speculation (Commentary)


June 6th, 2008 - 12:54 am ICT by IANS
By Sushma Ramachandran The government has bit the bullet and the cost of living has just shot up for people all over India. But there were few options before Prime Minister Manmohan Singh. ... Read more...

Posted in Uncategorized |

BGR Energy bags oil storage tanks order from Iraq


June 6th, 2008 - 12:41 am ICT by IANS
Chennai, June 5 (IANS) Engineering design and fabrication company BGR Energy Systems has bagged a contract worth around $9.2 million to design and manufacture 70 oil product storage tanks for Iraq's State ... Read more...

Posted in Business |

Engineering students trying to create biodiesel out of household cooking oils


April 27th, 2008 - 5:07 pm ICT by admin
Washington, Apr 27 (ANI): Engineering students at Rowan University (Glassboro, N.J.) are looking at prospects of creating biodiesel out of various household cooking oils.Dr. Stephanie Farrell, associate professor of chemical engineering ... Read more...

Posted in World |

EU looks to boost oil security amidst soaring prices


April 22nd, 2008 - 8:11 pm ICT by admin
DPA Brussels, April 22 (DPA) European Union (EU) states should improve their strategic oil reserves policy amid concerns over soaring energy prices, its executive arm the European Commission (EC) said Tuesday. "The risk ... Read more...

Posted in World |

Expect people-friendly budget ahead of 2009 elections


February 17th, 2008 - 11:48 am ICT by admin
(Commentary) By Sushma Ramachandran Indian Prime Minister Manmohan Singh's government is gearing up to present its last budget before the general election and there is no doubt that "please-all" is going to be the ... Read more...

Posted in Business |

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