Via Bloomberg, an interesting report on Indian Oil Corporation’s plans to acquire oilfields in Africa as part of a $1 billion overseas investment strategy. As the article notes: “…Africa is top of our list to buy assets because it is near India and has good quality crude,” Brij Mohan Bansal said in an interview at […]
Read more »Via The Financial Times, a look at the resource race in Afghanistan which pits India against China. As the report notes: “…Unlikely as it may seem, war-torn Aghanistan is emerging as a battlefield in a quite different sort of conflict – the fight over natural resources between China and India. The poverty-stricken country is said […]
Read more »Via Energy Daily, an update on the long discussed Iran – India – Pakistan pipeline. As the article notes: As Iran braces for a new round of U.N. sanctions over its contentious nuclear program, Pakistan has called on longtime rival India to sign on to a planned $7.6 billion natural gas pipeline from the Islamic […]
Read more »Via Abu Dhabi’s The National, an interesting look at India’s efforts to keep up with China’s overseas petroleum acquisition activities. As the article notes: “…The elephant appears to be trailing the dragon through the jungles of the oil world. The state-owned Indian Oil Corporation is in talks to acquire Gulfsands Petroleum, a UK company active […]
Read more »Courtesy of The New York Times, an interesting report on China’s ambitious trading strategy in South Asia and its influence on its Asian neighbors. As the article notes: “…Now, China is investing millions to turn this fishing hamlet into a booming new port, furthering an ambitious trading strategy in South Asia that is reshaping the […]
Read more »Via Energy Daily, a look at India’s renewed efforts to secure an economic foothold in Africa in a new scramble with China for the continent’s resources, recently signing energy deals with top oil producers Angola and Nigeria. As the article notes: “…India has lagged behind China’s aggressive courting of African nations to secure rights to […]
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