The current approach towards natural gas in India is based on the view that the country is short of this energy resource. It also sees gas as distinct from crude oil. These are not valid propositions. India needs to take a very different approach towards natural gas, if this fuel is to contribute to long-term energy security.

A deep malaise in India

There has been a consistent lack of transparency and several governance lapses in the natural gas sector which have led to various kinds of concerns in important areas such as investment levels in blocks, availability of information regarding gas finds, content and process of arriving at pricing and utilisation policy, regulatory weaknesses and emerging market concentration.

This paper undertakes an examination of the differential impact of international oil prices on domestic inflation and output growth in India under two alternative scenarios.

Iran, a major oil producing and exporting country, also imports gasoline because of inadequate refining capacity and rising petrol consumption.

The environmental clearance offered to the Koodankulam reactors in Tamil Nadu is not based upon a careful examination of all the potential impacts on the environment and livelihoods nor does it incorporate public concerns.

The Organisation of Petroleum Exporting Countries is a dominant cartel consisting of producers with large reserves and it has always exercised its price-making power in the crude oil market. However, in the past few years, OPEC has been claiming that it has lost its power to alter crude oil prices. The article explores whether OPEC

The Petroleum and Natural Gas Regulatory Board was established in 2007. But what is the policy of regulation in this sector? What are the entities involved? How do they function? How can they be efficiently regulated?

The real danger of the Indo-US nuclear deal is that it formally recognises India as a legal nuclear weapons state and provides the platform for a closer integration of the Indian state and the economy with the global economy and power structure.

India is in danger of losing yet another opportunity to reduce its dependence on petroleum. (Editorial)