ONGC-kqh--621x414@LiveMint Courtesy: Livemint
4 August 2016

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_Kudankulam_Nuclear_Power_Plant_(KKNPP) Courtesy: Wikipedia
14 July 2016

Renewable 1, Nuclear 0

India’s newest reactor shows what’s wrong with nuclear power, and why India must go slow on expensive western designed nuclear power projects.

refuel-577348_960_720 Courtesy: Pixabay
6 June 2016

Oil@50: India needs to speed up

India needs to act faster to ensure it continues to get energy at an affordable price. The oil price increase to $50 per barrel shows there is a limited window of time to act.

Oil_pump_Bashneft Courtesy: Wikimedia
3 March 2016

Saudi-Russia oil production cap – can it work?

Saudi Arabia, Russia and other oil producers are trying to cap oil production to support prices. Such distortions are unlikely to work. India should be more concerned about the long term rise in oil prices due to falling investment in exploration and production – and should protect itself by acquiring oil and gas assets to cover its energy needs.

Petrol_Station Courtesy: Wikipedia
28 January 2016

Petrol prices back to 2003 level?

The common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now than they would have, had the 2003 pricing trend continued.

Solitary_Oil_Rig_In_The_Arabian_Sea Courtesy:
4 September 2015

ONGC-Rosneft

ONGC’s purchase of a 15% stake in Russia’s Vankorneft presents the road ahead for India – by acquiring oil and gas fields today, India has a chance to lock in the price of imported energy at the current low level for the long run.