India, China energy war heats up

Tweet Itanagar (Arunachal Pradesh), July 1 (ANI): While the 16th round two-day India-China border talks concluded in Beijing Saturday seeking to resolve the vexed boundary disputes, some of which dates back prior to the establishment of either an independent India or the establishment of the People's Republic of China, but both the Asian giants have pitched themselves in the deep waters of Mozambique - home to the world's biggest gas discovery in a decade - for a higher stake in global energy assets. India made a difference with the Oil and natural Gas Corp. Ltd (ONGC) and Oil India Ltd. (OIL) clinching a deal, an entry into an offshore gas basin with substantial potential. The OIL company...