Courtesy: Alamy
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.
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If the sanctions against Iran are eased following the April 2 agreement with the P5+1 on the country’s nuclear programme, it will increase global oil and gas supplies, bringing stability to energy markets. It could also resolve the issue of the Farsi Block in Iran, where further exploration of gas by Indian companies has been held back
Courtesy: U.S. State department/Flickr
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
Courtesy: indilens.com
The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
A fall in oil prices has pushed down the values of oil companies globally, giving India a rare chance to acquire assets cheap and hedge its economy against future increases in energy prices. There are plenty of plum assets to pick from—such as Rosneft, the state-owned Russian oil major
Courtesy: wikimedia
The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace
Courtesy: Wikimedia.org
Bringing U.S. nuclear technology to India is a goal identified in the countries’ joint vision statement. Although public discourse on the India-U.S. nuclear deal has focussed on the liability clause, the pact’s success also depends on resolving other factors such as local sourcing, technology transfer and project delays
Courtesy: pmindia.nic.in
The India-Australia civil nuclear deal goes much beyond providing for India’s energy needs. The deal will help New Delhi’s bid to enter the Nuclear Suppliers Group and other technology control regimes. The ties with Canberra also have the potential to develop into a strong strategic partnership
Courtesy: Synthesio.com
Many Arab Republics are mired in political discord after the departure of the old tyrannical regimes opened up spaces for new struggles. In Iraq, Yemen, Libya, and Sudan, attempts to address the turmoil through constitutional reform are facing challenges. Will a democratic federalism be attained when the battles are done?
Courtesy: Wikimedia\Floyd Rosebridge
Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources