Direct cash transfer for LPG: Govt forced to mull drop boxes

The Association of American Railroads has reported an increase in traffic for the week ending May 4, 2013, with total U.S. weekly carloads of 283,916 up 2.8%, compared with the same week last year. Intermodal volume for the week totaled 245,678 ...

May 03rd 2013 - today published a report on Central Petroleum entitled "Activity Poised To Gather Pace". In summary, the report says: Central Petroleum is at an exciting stage in its development. Work is poised to commence at two joint ventures with ...

In an effort to slow the pace of climate change, students at more than 200 colleges are asking their schools to stop investing in fossil fuel companies. The Fossil Free campaign argues that if it's wrong to pour pollution into the air and contribute ...

Petroleo Brasileiro SA (PBR) Petrobras, the world's biggest producer in deep waters, has encountered low permeability at sections of the Iara field, said the people, who spoke on condition of anonymity because results haven't been made public. That ...

Oil demand in Africa will climb at a faster pace than most of the world in the next five years because of rising transport and power-generation needs, a report by the IEA showed. Gasoline and gasoil consumption are each forecast to rise 4.5 percent ...

--Malaysian economy expands at its slowest pace in more than three years --Weak external conditions weigh on growth but domestic demand stays strong --Analyst warns export rebound will be key to meeting 5%-6% GDP target (Recasts first paragraph, ...

(Updates with oil price in seventh paragraph.) May 14 (Bloomberg) -- Crude from outside the Organization of Petroleum Exporting Countries will increase by 990,000 barrels a day annually to 2018 as U.S. tight oil output continues to boom, according ...

Crude from outside the Organization of Petroleum Exporting Countries will increase by 990,000 barrels a day annually to 2018 as U.S. tight oil output continues to boom, according to the International Energy Agency. Non-OPEC supplies are forecast to ...

The government is contemplating closing down Kenya Petroleum Refineries Ltd if its partner, Essar, does not put in money for its upgrade as it had promised when buying a 50 per cent stake in the plant in 2009. Energy permanent secretary Patrick ...