The fracking of shale gas may have substantially shifted the global energy landscape, but another hydrocarbon resource—oceanic methane hydrates—has the possibility to do even more to change the picture, reports Foreign Policy. admin
If you live in a developed country, it’s been clear that the appetite for coal power is falling. Not only has coal been singled out as a primary source of carbon emissions and air pollution, but it’s also been getting phased out in favour of cheap natural gas in some regions around the world. See the animation […]
BY RITWIK SINHA The Indian Council of Agricultural Research (ICAR), the apex research body for the agriculture sector working under aegis of Ministry of Agriculture and Farmers Welfare, is working on a national crop plan to promote crop diversification. In an exclusive recent conversation with indoasiancommodities, Dr. Trilochan Mahapatra, DG, ICAR stated that the plan […]
BY RITWIK SINHA The adverse impact of climate changes on Indian agriculture is increasingly becoming visible with delayed rainfall or excessive rainfall resulting in demand-supply imbalance of several commodities in the domestic market in the recent times. To deal with the vagaries triggered by unpredictable weather conditions, the Ministry of Agriculture has resorted to promotion […]
The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down by both external and domestic factors. In a supplement to its Asian Development Outlook 2019 Update released in September, ADB now expects gross domestic product […]
The American fracking for oil and natural gas boom will continue on through the 2020s. And why not? Since fracking took off in 2008, we have more than doubled our proven oil reserves to ~65 billion barrels. Natural gas reserves have surged over 80% to ~430 trillion cubic feet. Already the largest oil and gas […]
FAO’s latest forecast for 2019 world cereal production is pegged at an all-time high of 2 714 million tonnes, up some 0.4 percent from the November figure and now almost 57 million tonnes (2.1 percent) above the reduced outturn in 2018. The month-on-month increase primarily reflects an upward revision to world coarse grains production, associated with higher-than-previously […]
World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils, the UN food agency said in its latest report. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged […]
In September 2019, The United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) in September than it imported, the first month this has happened since monthly records began in 1973, the The U.S. Energy Information Administration (EIA) said. A decade ago, the United States was importing 10 million b/d […]
The Reserve Bank of India (RBI) on Thursday kept the interest rates unchanged, pausing after five straight cuts, but lowered the country’s economic growth forecast for the 2019-20 financial year to 5 percent from an earlier 6.1 percent. The RBI also raised its inflation forecast for the second half of the year to between 5.1-4.7 […]
