Not everybody is enthused by the crashing international crude prices. As prices dip below the strategically-significant $60 per barrel mark, recent investments made in exploration and production (E&P) activities in India could come under a cloud. Investments in E&P have gained momentum since 2006, while crude prices touched a high of $147 earlier this year.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/slippery-grounds
[2] http://admin.indiaenvironmentportal.org.in/category/author/sreevalsan-menon-muthukumar-k
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-world-kolkata
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl