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Energy News MonitorVol.-XI, Issue-23, 18 November 2014
This paper is split into two parts: This present part (I) is dealing with the currently vibrant oil price trends and the second part (II) will take a closer look at its effects on natural gas markets and pricing.
All consumers will have to buy cooking gas at market rates from New Year's Day as the government has issued firm instructions that the subsidy will be transferred directly to bank accounts as it seeks to end illicit supplies to restaurants,
Adani Enterprises won support from the State Bank of India (SBI) and an Australian state to help it build a $7 billion coal mine, defying a slump in coal prices to 5-1/2-year lows that has stalled rival projects.
Australian Prime Minister Tony Abbott's plan to cut the nation's renewable energy target was rejected by opposition lawmakers on concern it will cost the nation thousands of jobs and billions of dollars in investment.