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Replicating the success of Gujarat’s gas market across the country will be difficult but not impossible
It is pivotal for Belarus and the world to raise awareness of how to do successful business with India
Intermingled with ONGC’s corporate structure was India’s strategic goal of energy security, the route to which was through global acquisitions.
It is in New Delhi’s interests to maintain cordial relations with Iran.
On a proposal by Vietnam recently, ONGC Videsh Limited (OVL), the overseas investment arm of ONGC, has decided to stay invested in Block 128. The decision was taken after Hanoi offered to provide additional data to make future exploration economically feasible and discovering hydrocarbons commercially viable.
Gujarat’s gas trajectory has more to do with its industrial base and its proximity to gas production.
The week’s roundup from India’s energy sector.
India is all set to further its energy cooperation with Sudan. Reports suggest that ONGC Videsh Limited (OVL) has decided to invest $1 billion in Sudan to acquire 25% stakes of the 5A/5B oil projects in Sudan. The project is currently owned by Austrians.
Indian investments in Africa, from both public and private sector entities, have increased considerably in the last decade. Yet despite the growing importance of Indian investments in Africa, only a few empirical studies have been carried out on the subject. This paper undertakes a disaggregated analysis of Indian foreign direct investment outflows to Africa from 2008 to 2016, and presents three main findings. First, it confirms earlier analyses
The drastic and sudden drop in Venezuelan and Iranian oil exports to India in 2019-2020, due to the looming threat of US secondary sanctions, is the latest supply chain disruption to India’s energy security. To avoid similar disruptions in the future, India must act decisively to increase its Strategic Petroleum Reserves to meet at least 90 days of emergency oil stocks, and combine lobbying efforts between India’s private and public oil compa