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: 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
With the Free Syrian Army being supplied aid by the West and the Gulf Cooperation Council countries, the endgame for the Syrian regime has begun. Does Assad's exit guarantee the replacement of autocracy with democracy? What implications will it have on regional politics?
Courtesy: Amir Farshad Ebrahimi/Flickr
On March 2, 2012, the Islamic Republic of Iran will hold its ninth parliamentary election. The outcome and state decisions that follow will have significant effects on India, which has strong political relations with Iran and relies on it for a considerable portion of its energy imports.
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Gateway House's Director Neelam Deo was quoted in an article published by Afternoon Despatch & Courier. She highlights the instability in the Middle East, the effects of a stablising Libya, and the need for oil and gas reforms.