Retrospective taxes. Asking OPEC to reduce production. Raising oil prices at the pump. India’s perplexing actions on energy seem designed to defeat the Modi government’s declared goals of disinvestment of the public sector and welcoming foreign capital.
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India may end up being the unintended victim of renewed U.S. sanctions on Iran. It will push up the price of oil and cost India billions of dollars annually
India’s gas consumption is lower than the EU’s, but it too, like the EU, relies heavily on imports. With LNG likely to remain a key part of India’s gas supplies in the future, and given recent changes in the global market, what is the future potential of LNG imports for the EU and India? What are the best energy policies for the two regions?
UK may be on its way to becoming a petro state, again, on back of an oil discovery that may be a whopping 100 billion barrels. The world is awash with cheap energy, and Indian companies need to seize the opportunity to acquire upstream energy assets.
With the EU, Iran, and other entities taking decisive steps on April 2 to ensure a non-nuclear Iran, President Obama must now counter interests in the U.S. that want to stymie the final agreement. But having come this far, and considering the comprehensive benefits of an agreement, all sides are sure to deliver
The issue of gas pricing is in the public discourse after the Aam Aadmi Party questioned the logic of linking domestic prices to global rates. In the absence of a single global marker price, it is time India, and other large importing countries in Asia, develop a pricing mechanism that reflects regional realities
On November 24, the P5+1 and Iran reached a consensus on the interim agreement regarding Tehran’s long-disputed nuclear program. How comprehensive is this agreement, and what are its potential upshots for U.S., and West Asia – especially Israel and Saudi Arabia? More importantly, can India play a positive role?
Ahead of nuclear talks between Iran and the P5+1 in Moscow, the West seems confident that sanctions will induce Iran to settle on its uranium enrichment. But rather than arriving at a negotiated settlement by applying the principle of reciprocity, the West may look to anaesthetize oil markets.
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