oil prices: india's missed opportunities Courtesy: Shutterstock
25 February 2021

Oil Prices: India’s Missed Opportunities

Fuel prices are at an all-time high in India this month, even after the country benefitted from 5 years of low crude oil prices. Amit Bhandari, Fellow, Energy and Environment Studies Programme, explains why fuel prices are high and how the Government of India could have prevented this ongoing crisis.

amit paper cover Courtesy: Gateway House
21 December 2020

India’s energy investments: A fresh approach

India’s investments in energy thus far have concentrated on buying stakes in oilfields in developing countries often at the risk of political unpredictability. With oil prices, and therefore oil company values, falling – India should revise this strategy and aim for better value and lower risk by making investments in companies in the developed world. This paper recommends investing in oil and gas assets in energy-rich developed countries like the U.S., Canada and Australia, to reduce India's vulnerability to future increases in energy prices. These should be made via a sovereign wealth fund (SWF), not the national oil companies. The SWF will be best served by acting as a financial investor, acquiring, only minority stakes, rather than aiming for management control.

India-Canada_Olaf Weber Courtesy: Gateway House & CIGI
14 July 2020

Sustainable Energy through Green bonds in India

India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.

India-Canada Energy Cooperation Courtesy: Gateway House & CIGI
9 July 2020

India-Canada energy cooperation

Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.

shutterstock_353371844 Courtesy: Shutterstock
16 April 2020

Oil in the post-COVID-19 world

The OPEC’s proposed cut in oil production earlier this week may not enable the energy market to recover. Recovery is likely only after COVID-19 is brought under control, but there are ways India can capitalise on the current low oil prices for its own energy security

shutterstock_365191952 (1) Courtesy: Shutterstock
19 March 2020

Good and bad of low oil prices

The Coronavirus pandemic has caused crude oil prices to crash almost 40% even as Saudi Arabia and Russia pump more oil into the market. Fears are rife that this crisis will hit demand. There are repercussions on the U.S., the world’s top oil producer, on India, one of its new clients, and on the Gulf Cooperation Council countries

shutterstock_1469502182 Courtesy: Shutterstock
27 February 2020

India-U.S. shale oil opportunity

U.S. President Donald Trump's recent visit to India gave a boost to bilateral energy ties. To really benefit, India’s state-owned oil companies should consider investing in U.S. shale oil. The U.S. is politically and economically stable and investors are not subject to arbitrary action. Indian companies should only be financial investors, not operators of assets, and bet on companies with manageable debt and efficient operations rather than short-term winners