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2 record(s) found in 'December 2008'

International energy prices have been on a roller-coaster ride the past few months. The price of India’s crude oil basket has fallen by 62% over the past four months, since it touched an all-time high.While the fall in prices has prompted the government to decrease retail prices of petrol and diesel, the average crude oil price for the...

The stories don't go away - corruption is rampant in every sub-sector of the energy economy. Coal blocks are being rapidly allocated - as opposed to being competitively bid - to reap the maximum advantage from the informal margin that has been established on it. Environmental clearances for projects are being 'sold' with complete disregard to the...