18 May 2012
"Thus as the impasse over the Iranian nuclear issue continues, India and other countries such as China are likely to come under greater pressure to firstly cut back on their imports from Iran and secondly to diversify. For India the choice is between a rock and a hard place. How to handle this delicate issue is a task for Indian diplomacy..."
OIL & GAS
- ONGC-Cairn notifies major oil find in KG basin
- South Sudan hunts for loans as oil-output halt dents economy
- ONGC Videsh to give up Vietnamese oil hunt in South China Sea
POWER
- Toshiba gets $315 mn order for power plant in UP
- Iran to start power exports to Syria, Lebanon
- Saudi Arabia plans $109 bn boost for solar power
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