India should simultaneously prioritise domestic exploration and production of more oil and gas in the country, and ensure we retain diversified suppliers for imports, points out former foreign secretary Ranjan Mathai.
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Ukrainian forces conducted large-scale drone strikes on several air bases deep inside Russia, destroying multiple combat planes, Ukrainian Security Service (SBU) said on Sunday.
ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corporation, will make an offer to acquire shares of the United Kingdom-listed Imperial Energy Corp Plc at 12.50 pounds a share by December 9.
Russia on Monday said it will not join the World Trade Organisation this year and is unlikely to join the global trade body next year.
The Antonov AN-24 plane crashed and burst into flames five kilometers from the Varandey airfield in Nenets Autonomous District, more than 1,000 km north of Moscow while approaching for landing. 23 survivors were rushed to hospital.
Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
Kalashnikov assault rifles, popular with terrorists and national armies in Asia and Africa, have been given a makeover and a new logo by its Russian manufacturer that has dubbed them as "weapons of peace".
A torchbearer died of a heart attack after carrying the Olympic flame as part of Russia's torch relay leading up to the Sochi 2014 Winter Games in February, an official said on Monday. Vadim Gorbenko, 73, a sports school director and Greco-Roman wrestling coach, felt ill after walking 150 metres (500 feet) with the torch in his home city of Kurgan in western Siberia, said Roman Osin, spokesman for the Sochi 2014 torch relay.
Russia dominated Saudi Arabia in oil supplies as the world's fastest-growing major economy for fossil fuels in October, relegating the Kingdom to third place. Iraq was India's top oil supplier, according to the data from Vortexa. Saudi Arabia's decline in India's oil market has coincided with Russia's rise, and ironically occurred amid growing diplomatic ties between Riyadh and New Delhi. Saudi Crown Prince Mohammed bin Salman Al Saud is visiting India this month to meet Prime Minister Narendra Modi.
A Russian civilian Airbus plane carrying 224 people, mostly tourists, crashed in Egypt's Sinai peninsula on Saturday with most of those on board feared dead as the jet's wreckage was found in a mountainous area.
In its sheer audacity, the initiative with Russia has the potential to transform world politics in the same way as the 1972 Nixon visit to China and 'Shanghai Declaration' changed world dynamics, says Anil Athale.
While many Western countries, including the United States, Britain and Australia, are diplomatically boycotting the Winter Olympics over China's human rights record, Putin will join a number of Beijing-friendly leaders at the Games.
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
Russia welcomed the world to the soccer World Cup on Thursday as fans streamed in, the hosts savoured a 5-0 victory on the pitch and President Vladimir Putin's government derided Western efforts to isolate him.
n Outernet would allow people from Siberia to parts of the western US to remote islands or villages in Africa to receive the same news as those in New York or Tokyo.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
A Russian comic's song which mocks the country's World Cup team and questions the financial sense of hosting the event has gone viral on the eve of the tournament, angering some fans and politicians.
'A breakthrough in eastern Ladakh leading to disengagement and creation of a buffer zone will obviate the need of military deployment through the winter months ahead,' notes Ambassador M K Bhadrakumar.
'The Vladivostok visit marks a subtle reversal of trend discernible in the revival of India-Russia relations pioneered by Modi during the past couple of years,' says Ambassador M K Bhadrakumar.
Taking to Twitter, the army said its mountaineering expedition team spotted the 'mysterious' footprints on April 9 close to Makalu Base Camp.
The Uttar Pradesh government is yet to respond to the Centre's call seeking details concerning the deaths of children at relief camps for the victims of the Muzaffarnagar riots despite four requests for the same.
'We did not know we would one day dominate nearly 70 per cent of the market.' 'Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.' A fascinating excerpt from Shantanu Guha Ray's The Diamond Trail: How India Rose To Global Domination.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
'The need of the hour is to build on the positives and control the negatives,' says Colonel (Dr) Anil A Athale (retd).
Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.
'India should think big: About how in a multi-polar world, India can indeed be one of the poles, rather than being a secondary power that has to worry about 'alignment' with one of the poles. A G3 in other words, India should look to getting others to align with itself rather than the US or China,' says Rajeev Srinivasan.
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