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UAE’s Masdar Signs Investment Agreement for 1 GW Wind Project
Climate Change Fuels Global Dengue Surge
Amid a record year for dengue infections globally, climate change has been identified as a key driver behind the disease's surge. A new study presented at the annual meeting of the American Society of Tropical Medicine and Hygiene (ASTMH) has attributed 19% of the rising dengue burden to climate change. The research, led by Stanford and Harvard Universities, offers the strongest evidence yet of the link between rising temperatures and increasing dengue infections. The analysis predicts a potential 40-60% spike in cases by 2050, with some regions, including parts of Latin America, facing up to..
CNG Price Debate: Oil Ministry and City Gas Operators Lock Horns
A reduction in government-controlled natural gas supply from legacy fields has escalated tensions between the oil ministry and city gas operators, as the latter push to raise compressed natural gas (CNG) prices to offset rising costs of imported fuel. The government slashed legacy gas allocations to the city gas sector by 21% in October and 20% in November, citing declining production from older fields. This shortfall is forcing companies like Indraprastha Gas Ltd (IGL), Mahanagar Gas Ltd (MGL), and Adani Total Gas to rely on costlier alternatives such as gas from new fields or imported liquef..
India’s Petroleum Imports Rise 7.7% in FY 2024-25
India's petroleum imports grew by 7.7% during April-October FY 2024-25, driven by increased demand for liquefied petroleum gas (LPG), petcoke, and lubricants, according to data from the Petroleum Planning and Analysis Cell (PPAC). However, October 2024 recorded a slight 2.2% dip in imports compared to the same month last year. Crude oil imports rose by 3.5% in the first seven months of FY 2024-25 and by 4.2% in October 2024 year-on-year. The net import bill for October 2024 stood at $10.6 billion, down from $11.8 billion in October 2023, thanks to reduced global crude prices, which averaged $7..
