"Take Panna, Mukta, Tapti, Ravva. You know the reserves which were calculated and the production was 3,000 barrels. Today, they are producing 80,000 barrels and so much profit petroleum they have generated. Recently, one of the fields in Assam was terminated by the national oil company and now Canoro has found reserves, and it will be producing 30,000-40,000 barrels a day."
This is an excerpt from an interview with the Indian hydrocarbon regulator. He has an interesting point of view.
The Future Of Oil Is The Caribbean
Cuba, Haiti and the various Caribbean islands have been hit by poverty and Western intervention. Oil exploration has been negligible. These are promising exploration blocks. A joint venture between ONGC, Petrobras, and the various islands could kick-start oil exploration and production - which will change the future of the world.
For one, it would immediately reduce Saudi funding of terror.
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