Tag Archives: India Energy

China Model Perceived as Barrier to India’s Acquisition of Mineral Assets

By Ian Bhullar Jun. 25 – Indian policymakers see China’s state-supported model of acquiring commodities abroad as a barrier to India’s own pursuit, according to an article published in the Business Standard last week. China’s acquisition of mineral resources is supported with extensive financial and diplomatic infrastructure, including favorable loans from state-owned banks, direct government underwriting, foreign aid and multilateral initiatives like the Forum on China-Africa Cooperation. Amongst many deals of this kind, the state-owned China National Petroleum Corporation in 2005 bought the former Soviet Union’s largest oil company, Petrokazakhstan; in the same year the Chinese government awarded US$2 billion … Continue reading

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Iranian Energy: A Geopolitical Challenge for China and India

There have been two large obstacles that have disrupted Western efforts to reprimand Iran: China and India. They are not only the largest importers of Iranian energy, but also oppose unilateral sanctions. If China and India continue to provide Iran steady revenue through their purchase of energy, they will effectively be acting to prop up the regime, and fund its nuclear program.

Photo: Raheb Homavandi/Reuters

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Led by PetroChina, Asian Energy Companies Rise in Global Rankings

By moving up to fourth position this year, China’s state-owned oil and gas giant PetroChina has become the first Asian firm to break the top five threshold in the 10-year history of the Platts Top 250 Global Energy Company Rankings. Continue reading

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