Cobalt as a new energy material becomes a hot commodity in global exploration and investment as its demands are surging. Cobalt, rarely as an independent ore, coexists with copper, nickel and iron ore. Cobalt-bearing deposits can be classified as weathering laterite nickel\|cobalt deposit, sedimentary sand copper-cobalt deposit, magmatic copper-nickel-cobalt sulfides deposit and geothermal cobalt deposit. Cobalt resources are not even distributing globally; 80% of explored reserves are concentrating in Congo, Australia, Cuba, Zambia, Philippines, Canada and Russia. Much cobalt resources are hosted in the ocean floor. China is a big cobalt producer and consumer, but lacks cobalt resources with dependence upon exports. Central Africa, Oceania, northern Latin America, south-eastern Asia and North America are of big potential for cobalt exploration. China shall focus on such areas to acquire overseas high-quality cobalt resources so as to increase reserves and guarantee supplies. 

This paper, based on India`s fossil energy situation, studies its overseas fossil energy strategies from its cooperation with Middle East, Africa, Latin America and Asia, expounds its future strategic plan, and presents its references for China combined with Chinas “going overseas” in using fossil energy. India, as short of oilgas resources, depends largely upon importing fossil energy and has established its global fossil energy cooperation net diversifying its overseas energy supply. Indias fossil energy strategy is based on a trinity that “government leads, specific department implements and companies invests”, and makes its overseas fossil energy diplomatic strategic planning 2011—2017.