The International Energy Agency sees North American shale peaking towards the early part of the 2020s and declining thereafter. By the 2020s, the world will once again be dependent on traditional sources of supply – largely from the Middle East. But for new sources of supply that are not state-owned, the industry may have to shift back to the mega deepwater projects that they are beginning to shun today.
Read More »India’s Central Asia Ambitions Outfoxed by China and Russia
At present, Moscow has essentially shut India out from Kyrgyzstan after sending the first installments of a new US$1 billion military aid package to the country. This follows the strategic setback that India suffered in 2010 when it lost use of the Tajikistan Ayni airbase to Russia. And in the two larger, energy-rich nations of Kazakhstan and Turkmenistan, New Delhi …
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