User: ayyati Topic: Energy
Category: Conventional :: Oil and Gas
Last updated: Jan 29 2015 08:36 IST RSS 2.0
 
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This is how the crisis in Iraq will have an impact on India 19.6.2014 DNA: Opinion
It will impact Indian economy... India import’s crude oil from gulf countries and one of the major supplier is Iraq. The crisis in Iraq will definitely hamper India’s economy. If oil prices will go up then current account deficit will automatically go up. Rise in cost of oil will lead to rise in inflation and due to which interest rates will rise and economy will be under severe stress. The buying cost will increase and discretionary power to spend money of common man will reduce. Once crude oil such as petrol and diesel prices hike, the transportation and manufacturing price will increase consequently, which will lead ultimately to more expenditure for common man in their daily requirements. An external event cannot be control by Indian government. Due to inflation, demand decreases and so the supply stops, leading to cost cutting at industry level. Janak Shah, Director, Sapient Wealth adviser   India shouldn’t worry... I don’t think Iraq crises at present is such a big worry for the Indian economy. ...
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Govt may look for more ONGC stake in Cairn field 19.6.2014 TOI: India Business
The government could be looking at extracting its pound of flesh by way of a higher share of profit petroleum and increased stake for state-run ONGC in Cairn India’s Barmer oil fields for extending the Vedanta group firm’s production contract.
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Counter Terror Wave in Iraq 19.6.2014 newindianexpress.com
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Wall Street's latest fad is built on sand used in hydrofracking 19.6.2014 ET: Global Markets
Super-sized hydraulic fracturing jobs, which use vast amounts of sand to coax more oil and gas from shale, have led to astronomical returns for investors. The question is whether these gains can continue.
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Unrest weighs on stocks 19.6.2014 Telegraph: Business
Mumbai, June 18: The Sensex washed out a major part of its previous day's gains on across-the-board selling and closed down about 275 points today as rising crude prices caused by the Iraq unrest threaten India's economy.
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Sensex slips 275 points on profit-booking 19.6.2014 TOI: India Business
With the rupee on a weak ground and crude prices increasing following the strife in Iraq, the markets ended the day in the red.
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Captivity of Indians in Iraq breaks stereotypes 19.6.2014 Hindu: Home
Indians trapped in Iraq may not be in danger, say analysts
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Not oil tankers, oil rigs behind tar ball menace: Coast Guard 19.6.2014 TOI: Goa
"it's highly unlikely that oil tankers are washing their tanks and dumping oil into the ocean, as international maritime laws are now stringently ...
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Indians trapped in Iraq may not be in danger, say analysts 19.6.2014 Hindu: News
Indians trapped in Iraq may not be in danger, say analysts
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Dwindling oil reserves in Baghdad lead to soaring prices worldwide 19.6.2014 The Guardian -- World Latest
Iraq's crude exports had helped to keep global petrol prices from rising, but the Isis advance has driven prices past $114 a barrel Continue reading...
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Brent crude oil price nears $114 a barrel 19.6.2014 Latest News
Brent rose 17 cents to $113.62 a barrel by 1445 GMT
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Crisis in Iraq: Extremists said to be in control of Iraq's biggest oil refinery 19.6.2014 Latest News
The refinery has the capacity to process 310,000 barrels of oil produced in northern Iraq, and provides refined products to 11 Iraqi provinces
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D-Street nervous as Iraq conflict sparks fuel price worries 19.6.2014 Latest News
The BSE Sensex, which had at one point fallen more than 400 points, or 1.6% from its previous close, recovered a little to end the day at 25,246.25, a loss of 275 points or 1.08%
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India must find its voice in West Asia 19.6.2014 Hindu: Opinion
For the past decade, especially after what are called the 9/11 wars, New Delhi has chosen to give up its own say on matters of the Middle East to the big powers, either piggybacking on their stands or being intimidated into adopting a hands-off policy there
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RIL unveils Rs 180000cr plan to start 4G next year 18.6.2014 Hindustan Times: Top Stories
Unveiling an ambitious Rs 18lakh crore investment plan across its businesses in the next three years RIL chairman Mukesh Ambani assured shareholders on Wednesday that the company is moving close to its aspirations of becoming one of the top 50 companies in the ...
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Sensex falls 275 pts as worsening Iraq unrest pushes oil higher 18.6.2014 Hindustan Times: Business
In volatile trade the Sensex washed out major part of previous days gains on acrosstheboard selling and closed down about 275 points on Wednesday as rising crude prices due to worsening Iraq unrest threaten Indias economy already reeling under price rise and slowing ...
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Cancel nod to Greenpeace to collect foreign funds IB 18.6.2014 Hindustan Times: Top Stories
The Intelligence Bureau has prepared yet another report on NGO Greenpeace recommending cancellation of permission given to it for collecting funds abroad besides reassessment of its tax ...
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Power projects in limbo, Piyush Goyal faces consumer heat 18.6.2014 DNA: Mumbai
With the temperature hitting a 62-year high in Delhi, a dismal scenario exists across the country on the power front. As unprecedented outages have become the order of the day, the power sector warrants some quick thinking and out of the box solutions. Power shortage concerns reached such alarming levels in the national capital that Lieutenant Governor Najeeb Jung on June 8 had to instruct authorities to switch off high-mast street lamps for a few hours every day and cut supply to malls after 10 pm. Even as residents of Delhi and the adjoining NCR are up in arms against the unscheduled cuts being effected by distribution companies, Union power minister Piyush Goyal claims that there are various challenges that need to be addressed first. The latest report by Central Electricity Authority (CEA), a nodal agency under ministry of power, states that the country’s energy shortage is expected to be 5.1 per cent while peak shortage will be 2 per cent this fiscal. The report, however, does not truly represent ...
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India to introduce policies to ease foreign investment in oil and gas sector: Pradhan 18.6.2014 New Kerala: India News
Moscow/New Delhi,June 18 : India intends to bring in policies which will ease the way for large foreign investments in the oil and gas sector.
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Jihadists control ‘75%’ of Iraq’s largest oil refinery in Baiji 18.6.2014 TOI: Home
Sunni extremists have taken control of most of Iraq's largest oil refinery, located in Baiji in northern Iraq, an official at the refinery said today.
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