The Wrong Behind
Friday, May 12th, 2006Attacking targets of convenience won’t bring down the retail price of petrol
Archive for the 'Energy' Category
News from the Indian Electricity Sector
Wednesday, April 26th, 2006I was invited to a luncheon yesterday with union power minister, Sushil Kumar Shinde, hosted by the Indian Consulate General in New York. Mr Shinde was doing a roadshow inviting U.S. investors to invest in India’s power sector, which allows 100% FDI in generation, T&D and trading. I took notes about some key issues/facts about […]
Private Nuclear Energy
Thursday, March 23rd, 2006Indian Express reports:
In a bid to encourage private investment, including from abroad, in the country’s ambitious nuclear power programme, the Department of Atomic Energy is amending a law which prohibits such activities.
“We have been working on the possible amendments to the Indian Atomic Energy Act 1962 for the last five years and now […]
OVL On The Prowl
Wednesday, February 1st, 2006I came across this interesting story in the Financial Express that claims that the Russian oil giant Rosneft has asked ONGC Videsh to underwrite part of its upcoming $15-20 billion IPO. In return, Rosneft will offer OVL a stake in its substantial oil and gas fields in Siberia, according to ONGC sources.
I am no […]
These Are A Few Of My Favorite Things…
Thursday, January 26th, 2006Manmohan Singh has an op-ed in the Wall Street Journal, (subscription required) a mini-manifesto, if you will. Regular readers of IEB will find nothing new.
It’s an impressive to-do list, and includes many of our favorite things as well. So, are we going to see Mr Singh finally flexing his muscles and follow […]
The Future of Energy
Friday, September 30th, 2005“Fossil fuel is dead,” declared CJ.
CJ likes to make those kinds of superficially profound statements. We were meeting after a long time. I was in Delhi for a conference and caught up with CJ at the Taj Mansingh Hotel coffee shop. We were discussing the spike in the gas prices.
“Dead or not, seventy dollars […]
Energy security
Tuesday, August 23rd, 2005I have a slightly different take from Blue Sky’s on the subject of overpaying for oil companies.
While I don’t know whether we are anywhere near peak oil (we seem to start fretting over this whenever oil prices reach stratospheric levels) , I believe that over the next several years oil prices will […]
The Winner’s Curse
Tuesday, August 23rd, 2005China outbid India to acquire PetroKazakhstan Inc, Kazakhstan’s third largest oil producer, after its flagship company CNCP raised its offer higher than the Indian price.
China National Petroleum Corp, which trailed Oil and Natural Gas-Mittal Group combine when price bids were made on August 15, raised its bid to $4.18-billion to acquire PetroKazakhstan, a Canadian oil […]
Hindi-Chini Bhai Bhai
Wednesday, August 17th, 2005Reuters reports:
Indian and Chinese oil firms will sign agreements aimed at bidding jointly for foreign oil and gas projects and reducing cut-throat competition, a top Indian official told Reuters on Tuesday.
The energy-hungry Asian giants, which have stretched global supplies and contributed to the record rise in oil prices, are competing for stakes in foreign oil […]