India heading for the centre of the global energy stage, says the IEA: The country needs more than US $140 billion per year in investment to meet its rapidly growing energy needs and its development ambitions.
China and India remain the key drivers of global coal trading, despite a current slump in some Asian economies. These are the winners and loser of the global shift on coal trading markets...
India's cdoemstic oil production is more and more inssuficient to cater the local demand, US institutions believe. Now the country has purchased stakes in global oil and gas fields to reduce its dependency on foreign imports.
Drill baby, drill: With the US tapping its remaining crude reserves, the country could even surpass the Arabian oil giants, the US Energy Information Administration believes...