Shiv V. Khemka: 'The Days When International Oil Companies Controlled the Global Energy Business Seem to be Drifting By'

Shiv V. Khemka: ‘The Days When International Oil Companies Controlled the Global Energy Business Seem to be Drifting By’

During the recent 2007 Wharton Economic Summit, Knowledge at Wharton recorded a series of podcasts with speakers and panelists at the event, whose theme was "Next Moves in a Global Economy." Among those interviewed was Shiv V. Khemka, vice chairman of the SUN Group, a significant investor in emerging economies such as Russia, India and the Middle East. Khemka spoke about opportunities in the natural resources businesses, on which the group has been focusing for the past two years. "We believe that as the demand for natural resources continues to grow over the next 15 to 20 years, not only in the Western world but also in the emerging markets, resource holders and those who have access to these fast-growing markets will benefit tremendously," Khemka says. "The days when the international oil companies controlled the global energy business seem to be drifting by."

June 28, 2007 • 1 min read

During the recent 2007 Wharton Economic Summit, Knowledge at Wharton recorded a series of podcasts with speakers and panelists at the event, whose theme was “Next Moves in a Global Economy.” Among those interviewed was Shiv V. Khemka, vice chairman of the SUN Group, a significant investor in emerging economies such as Russia, India and the Middle East. Khemka spoke about opportunities in the natural resources businesses, on which the group has been focusing for the past two years. “We believe that as the demand for natural resources continues to grow over the next 15 to 20 years, not only in the Western world but also in the emerging markets, resource holders and those who have access to these fast-growing markets will benefit tremendously,” Khemka says. “The days when the international oil companies controlled the global energy business seem to be drifting by.”