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The rise in Saudi Aramco’s stock price within two days of its IPO in November 2019, has taken the company’s market value past the $2-trillion mark. This valuation should not be taken at face value for the offering is miniscule, and closely linked to the ruler's prestige rather than stock market fundamentals
Olaf Weber, Senior Fellow, Centre for International Governance Innovation (CIGI), University of Waterloo Research Chair in Sustainable Finance, one of the participants in the India-Canada Track 1.5 Dialogue, on how green finance and economic development are not contradictory any more
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The India-Canada Track 1.5 Dialogue on Innovation, Growth and Prosperity, an initiative agreed upon in February 2018 by the two prime ministers, provides an opportunity for the bilateral relationship to grow through geopolitical convergence, greater economic collaboration and people-to-people interaction. A statement by External Affairs Minister S. Jaishankar for the second edition of the Dialogue, held in Mumbai on 22 November 2019
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It’s time to start moving on matters in which Canada is a natural ally for India - trade liberalization, energy investments, intellectual property and the rules around e-commerce in particular and big data governance in general.
Courtesy: Columbia University Press
This book examines concisely and readably how the discovery of oil and natural gas transformed the six oil kingdoms of the Gulf, but profligate energy consumption at home challenged the basis of this very prosperity. It goes on to look at how these countries dealt with the economic crises that struck them
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Decarbonising the transportation sector is an environmental priority globally, and hydrogen, the cleanest and most plentiful of fuels, is central to achieving this goal. If hydrogen mobility is actively pursued, India’s large reserves of gas hydrates and shale gas can be tapped for commercial use. Such a shift in choice of fuel will also ensure India’s energy security
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The United Nations’ Paris Agreement of 2015 had nations committing to reduce emissions of greenhouse gases to slow the rise in global temperatures. But terrestrial geoengineering – or the use of “carbon capture” technologies and developing carbon sinks to remove gases already in the atmosphere – and atmospheric climate engineering are technologies which also seek to slow global warming
Courtesy: Princess Nora bint Abdul Rahman University
The immediate panic in the aftermath of the missile attack on Saudi Aramco’s facility at Abqaiq underlines the still-critical role of the Kingdom to the world economy. The subsequent recovery of oil production – with no disruption – showed that Saudi Arabia is a reliable partner/guarantor of energy supplies. Our Energy and Environment fellow Amit Bhandari was in Riyadh recently for a conference, and describes a post-Abqaiq Saudi Arabia
The Indian prime minister’s visit to the United States had both spectacle and substance, with the Houston event earlier this week casting a spotlight on the Indian American community. But the U.S.-India bilateral relationship is much more than a single event and negotiations on several issues will go on, says Ambassador Neelam Deo, Director, Gateway House, in this podcast
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The attack on Saudi Aramco’s oil processing facility at Abqaiq has turned out to be less damaging than feared. It nevertheless holds lessons for India, which can begin securing itself against similar events in the future
