14 December 2005
“A refiner fearing that a currently profitable spread will disappear, can buy a crack spread put option. A large user of refined products fearing that the spread will grow while the price of crude oil is stable, can buy a crack spread call option to compensate for potentially large increases in petroleum product prices when refinery margins grow…”
Creation of Market Centered Institutions: A Step towards Power Reforms
“Tariffs remain regulated because electricity is widely seen as a vital social good too sensitive to abandon to market forces. Thus the question for analysts of the political economy of power sector restructuring is not whether tariffs remain regulated but, rather, how political forces are arrayed to determine the allocation of tariffs…”
News
OIL & GAS
Decks cleared for petroleum, gas regulator
India, Asean to work for energy security
ONGC to invest in Neelam Heera field
IOC may expand its largest refinery
Kazakhstan launches oil pipeline to China
China to revive mega Iran energy deal
World energy demand to rise 60 pc by ’30: Exxon
POWER
Trade parity pricing for primary energy sources
Regulators to fix tariff for atomic power stations
Mahadiscom to fine power overdrawal
REL for world’s largest power plant
Power sector on edge of crisis
Canada eyeing India as major carbon credit seller
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