Courtesy of The Financial Express, a report on ONGC Videsh Ltd’s (OVL), the special-function arm of state-owned oil and gas producer ONGC, efforts in finding equity oil abroad especially in Iran. As the article notes: “Iran is strategically important for us, as in a world worried over the progressive depletion of hydrocarbon reserves it is […]
Read more »Via Forbes India, a report on the “siege” of Africa by China and India. As the article notes, the two countries have adopted two different strategies to engage Africa: one is trying to impress with state-sponsored might, giving away goodies and walking away with plum deals; the other is primarily sending private citizens to build […]
Read more »Via Africa Asia Confidential, a report on the emerging race between the U.S., India, and China to control the Indian Ocean. As the article notes: “…India defines the stakes clearly in its 2007 Maritime Military Strategy paper: ‘Whosoever controls the Indian Ocean, dominates Asia. In the 21st century, the destiny of the world will be […]
Read more »Via Energy Daily, a report that Myanmar has signed a deal with South Korean and Indian companies to pipe natural gas from the energy-rich nation’s offshore fields to China. According to the article: “…The Myanma Oil and Gas Enterprise inked the deal last Wednesday with South Korean companies Daewoo and Korea Gas Corporation and Indian […]
Read more »Via Energy Daily, an interesting report on the growing linkages between India and Russia through petroleum. As the article notes: “…While India and China have booming economies, they share the similarity of both being energy-deficient and relying on imports. India is casting eyes across the Hindu Kush and is considering developing energy ties with its […]
Read more »Via Stratfor (subscription required), an interesting analysis of China and Pakistan’s recent discussions regarding greater economic cooperation and a strengthened strategic partnership. Because the relationship now is concerned more with access to, and protection of, natural resources, Beijing is undertaking a serious reassessment of its ties with Islamabad, with an eye on Pakistani-U.S. relations. As […]
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