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Two stories of oil

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  • Vikram S Mehta

    The deepening furrows on the brows of the oil company executive reflects these conundrums. Fossil fuels must be found and produced but this is no longer so straightforward. The money exists, but where to invest? The demand is growing but the environment compels restraint.

    The drawing room conversationalist may genuinely believe that the oil companies could not have it better. A deeper understanding would mute this belief. A balanced view would be: the companies are caught in the crossroads of the best of times and the challenging of times.

    The writer is chairman of the Shell Group of companies in India. Views are personal

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