Securing oil: buy now, hold exploration
The fall in oil prices means it is now cheaper for ONGC to acquire discovered oil fields than to explore on its own. To profit from the changed dynamic, India needs to go big on a ‘buy’ strategy.
The fall in oil prices means it is now cheaper for ONGC to acquire discovered oil fields than to explore on its own. To profit from the changed dynamic, India needs to go big on a ‘buy’ strategy.
In 2012, Iraq emerged as India’s second largest crude oil supplier thereby shifting focus back on bilateral relations. However, India’s historical and cultural connection with Iraq, as well as common geopolitical concerns, reveal that relations have the potential to go beyond oil
In the past few years, the political map of Antarctica, a region rich in mineral-fuel resources, has changed immensely. How can the ongoing geopolitical polarization in this region have unfavourable global effects in the long run?
As the media focused on key negotiations between political leaders, at the Rio +20 Summit, several significant events tangential to the summit went unreported. Gateway House’s Renu Modi explains why these side-events were relevant to Indians in particular.
A new United Nations doctrine is revolutionising the manner in which Western powers achieve regime change. Under the pretext of “Responsibility to Protect” –as the doctrine is named –armed intervention does not depend on the aspirations of a populace but the facilitation of existing power equations