Via The Wall Street Journal, interesting analysis of India’s Oil and Natural Gas Corporation’s (ONGC) struggles to keep up with India’s fast growing economy. As the article notes “…Oil and Natural Gas Corp. provides about a quarter of India’s oil and gas needs and its increased output is important to the nation’s growth. Yet ONGC’s […]
Read more »Via Energy Daily, a report that Myanmar has signed a deal with South Korean and Indian companies to pipe natural gas from the energy-rich nation’s offshore fields to China. According to the article: “…The Myanma Oil and Gas Enterprise inked the deal last Wednesday with South Korean companies Daewoo and Korea Gas Corporation and Indian […]
Read more »Via Energy Daily, a summary of 2008 for the five petro-states ringing the Caspian. As the article notes “…Three of these are the former Soviet republics of Russia, Azerbaijan and Kazakhstan. Iran, subject to nearly three decades of U.S.-led sanctions, has longstanding problems as a result that have stymied foreign investment there, while Turkmenistan’s fiscal […]
Read more »Via The International Herald Tribune (and New York Times), an insightful report on Gazprom’s recent financial woes. As the article notes: “…A year ago, Gazprom, the Russian natural gas monopoly, aspired to be the largest corporation in the world. Buoyed by high oil prices and political backing from the Kremlin, it had already achieved third […]
Read more »Via Stratfor (subscription required), interesting analysis on the recent “political agreement” signed on Dec. 24 by Serbian President Boris Tadic and Russian President Dmitri Medvedev to construct the South Stream gas pipeline through Serbia. Additionally, as noted in the report, the Serbian delegation also signed a long-awaited agreement with Gazprom Neft while in MOscow for […]
Read more »Via Africa-Asia Confidential, an interesting report on how the economic meltdown and spread of cholera across Zimbabwe and into South Africa has emboldened China, India, and Japan – which have been promoting the virtues of Asia’s non-intervention in African politics – to make increasingly direct criticisms of the Zimbabwe African National Union-Patriotic Front (ZANU-PF) regime. […]
Read more »