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Big Oil looking to invest in India – official
Western corporations may inject $58 billion into finding and producing the country’s energy resources US energy majors Exxon and Chevron, along with France’s Total, are eying India’s oil and gas exploration and production sector and are keen to invest billions of dollars in its development, the country’s oil minister, Hardeep Singh Puri, said on Friday. According to the official, Western corporations could inject a total of $58 billion in investment this year with a view to finding and producing oil and gas resources in the country. India, the world’s third-biggest oil consumer, is heavily dependent on external en

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