• Analysis: China faces tanker shortage
    Published: May 9, 2008 at 8:21 PM
    By JOHN C.K. DALY
    UPI International Correspondent
    WASHINGTON , May 9 (UPI) -- China's rising energy demands will require Beijing to either build or lease ships to carry the oil needed for its industry. As domestic tanker production has failed to keep pace with rising demand, some Chinese maritime specialists see a shortage in carrying capacity for Chinese oil imports developing by 2015.
  • Analysis: Russia squeezes Mongolia
    Published: May 9, 2008 at 8:16 PM
    By JOHN C.K. DALY
    UPI International Correspondent
    Record-high energy prices are increasingly dominating Russia's trade relations with Mongolia. As Mongolia imports nearly all of its oil from Russia, the country is feeling pressure from sharp Russian price increases, and the government is seeking legislative changes to ameliorate the effect of the price increases on the population.
  • OPEC Chief: U.S. economy to blame for high oil prices
    Published: May 8, 2008 at 6:09 PM
    By BEN LANDO
    UPI Energy Editor
    WASHINGTON, May 8 (UPI) -- Angry oil consumers taking aim at OPEC are looking at a "scapegoat" instead of a needed mirror, the head of the bloc of oil producers said during a visit to Washington Thursday.
  • UPI Energy Watch
    Published: May 8, 2008 at 4:44 PM
    Southern Sudan's oil revenues reach $3.2B in the last 3 years; Gazprom board orders creation of winter gas reserves; Russian oil exports to non-C.I.S. down
  • Analysis: Define 'renewable'
    Published: May 8, 2008 at 1:33 PM
    By ROSALIE WESTENSKOW
    UPI Correspondent
    THE DALLES, Ore., May 8 (UPI) -- Crucial options were left out of last year's energy bill, advocacy groups say, and policymakers are looking to remedy the exclusion.
  • Nigeria oil rebels eye U.S. presidential race
    Published: May 8, 2008 at 12:38 PM
    By CARMEN GENTILE
    UPI Energy Correspondent
    Nigerian militants are calling for former U.S. President Carter to mediate talks between rebels and the government to end hostilities in the oil-rich Niger Delta and are weighing a reported cease-fire appeal by Democratic presidential hopeful Barack Obama.

Indian Power Ministry eyes more PMT gas


Published: March 28, 2008 at 11:28 AM
NEW DELHI, March 28 (UPI) -- India's Power Ministry has asked the Ministry of Petroleum and Natural Gas for half the gas from the Panna-Mukta-Tapti gas fields.

The fields are operated jointly by state-run Oil and Natural Gas Corp., Reliance Industries Ltd. and British Gas.

The ministry has noted that gas should not be used to make petrochemicals when a gas shortage is hampering state-owned NTPC's ability to produce more power.

Power Secretary Anil Razdan wrote to Petroleum Secretary M.S. Srinivasan saying unlike fertilizers and petrochemicals, electricity cannot be imported to meet the shortfall and its shortage affects the quality of life and hits industrial sectors across the board. This is an indirect reference to consortium partner Reliance, which itself consumes about 3.6 mcmd of PMT gas to feed its petrochemicals plants.


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