No oil in troubled waters

The outbreak of conflict in South Sudan last December led to the shut down of India’s multi-billion dollar oil project in the young country. The instability sent Indian diplomats scrambling to play damage control as ONGC Videsh Ltd (OVL), the international arm of India’s national oil company, was forced to evacuate its personnel from the region.

After a decade of rapid growth in the international oil industry, India’s overseas ventures are buckling under pressure from unstable politics and conflict.

DIIS senior researcher Luke Patey writes in The Hindu. Read the full article here.