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The production cut by Saudi Arabia also means that the country has not been able to convince the non-OPEC members to toe its line, thus exposing its waning influence in the group
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A bench of Chief Justice D N Patel and Justice Prateek Jalan on Friday issued notice to the environmentalist, on whose plea the high court had issued the direction, and sought his response by September 23.
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Speaking to the media after an event to celebrate World Elephant Day, Javadekar said, "Saw reaction of some leaders demanding protest against the EIA draft. How can they protest against the draft? It is not a final notification. It was kept for public consultation for 150 days because of COVID-19. Otherwise it is only 60 days as per rules."
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The draft EIA notification is likely to incentivise the practice of setting up industries without any regard for environmental concerns — knowing that any violation is highly likely to be condoned in due course
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U.S. West Texas Intermediate (WTI) crude rose 7 cents, or 0.2 percent, to $44.81 per barrel by 0003 GMT, while the benchmark Brent futures gained 8 cents, or 0.2 percent, to $47.39 a barrel.
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Benchmark Brent crude futures slid 24 cents, or 0.4 percent, to $55.62 a barrel in early Asian trade. The market climbed to a one-month high of $56.65 on Wednesday before losing ground.
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The US exported a record amount of crude oil, topping a million barrels a day for a second week and filling the gap in world markets created by OPEC cutbacks.
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A bench headed by National Green Tribunal (NGT) chairperson Swatanter Kumar, has sought a response from the Central Pollution Control Board (CPCB), on an application filed by the Society for Protection of Environment and R
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A bench headed by the National Green Tribunal (NGT) chairperson, justice Swatanter Kumar, on January 5, 2017, took the Ministry of Environment and Forests (MoEF) to task, for not ‘applying its mind‘, while amending R
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The Airports Authority of India (AAI) has received the centre‘s approval for preparing the environmental impact study and has been asked to conduct a public hearing, for its proposed Rs 2,587-crore second phase of R
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Although it has already notified the unified building bye-laws, the Delhi Development Authority (DDA) has informed a bench headed by the National Green Tribunal (NGT) chairperson, justice Swatanter Kumar that it will not implement R
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India's petroleum consumption will grow at 6 percent in 2017-18, double the rate at which fuel demand in China is projected to grow, Moody's Investors Service said today.
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Chris Main, commodities strategy analyst at CITI expects crude to bounce back in the second half of the year and trend north of USD 50 per barrel by year-end.
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The Environment Ministry accorded 349 environmental clearances in the mining sector from April 1, 2014 to March 31, 2016. 264 environmental clearances are for non-coal mining sector and the rest for coal mining sector, Environment Minister Prakash Javadekar said.
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The former Soviet republic has put up stiff barriers against goods from Russia in reprisal for its March 2014 annexation of Crimea and alleged support for pro-Moscow separatists who have been waging a two-year war in eastern Ukraine.
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Crude inventories fell 3.6 million barrels in the week to Dec. 4, compared with analysts' expectations for an increase of 252,000 barrels, US Energy Information Administration (EIA) data showed.
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The greenfield airport, to be developed in four phases, will have annual passenger capacity of 13.1 million within 30 years, by 2045. It will serve both the tourism and business markets.
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US benchmark West Texas Intermediate (WTI) for September delivery was up 13 cents at USD 48.92 and Brent crude gained 32 cents to USD 53.70 a barrel in late-morning trade
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Oil prices edged lower on Tuesday, dragged down by a firm dollar and ample supply of both crude and refined products.
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US crude for April delivery fell 79 cents to USD 42.67 a barrel, falling more than USD 1 a barrel in early Asian trade on Wednesday after crude inventories rose by 10.5 million barrels to 450 million in the week to March 13, data from industry group the American Petroleum Institute showed on Tuesday.
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Oil had a roller coaster ride last week as fears of a supply glut led to a fifth consecutive weekly decline. Both the EIA and IEA reports released last week indicated a very comfortable supply picture while trimming their demand forecasts for this year.
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The Shah Commission has severely indicted both the Centre and the Odisha government on illegal mining of iron and manganese ores in its 5-volume report and has asked the state government to recover over Rs 59,203 crore from the miners.
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US crude oil inventories plunged about 10 million barrels for a second week in a row, highlighting the unexpectedly rapid tightening of the market after three years of pent-up supply due to a dramatic resurgence in domestic production.
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Brent crude futures had dropped 60 cents to USD 102.36 a barrel by 0649 GMT, while US oil fell 76 cents to USD 94.62.
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Oil demand in developing countries "was higher than consumption in OECD countries for the first time in history," the EIA said in its monthly Short Term Energy Outlook, which pegged demand at 44.3 million bpd for April in OECD countries.
