As reported by The Silk Road Intelligencer, Gazprom Neft – a subsidiary of Russian natural gas monopoly Gazprom – had initiated talks to acquire a 49 percent stake in Mangistaumunaigas (MMG), a Kazakh oil company, according to Russian media. As the article notes: “…The deal is a part of Gazprom Neft’s strategy to expand overseas […]
Read more »From Energy Daily, a report that India’s Reliance Industries Ltd. — a leading South Asian energy firm — has signed a joint agreement with Peru’s state oil company to explore for oil and gas in the South American country. As the article notes: “…The deal … adds another developing nation to the roster of countries […]
Read more »Via The New York Times, news that Total, the French oil giant, has decided to back away from planned investments in Iran because of political uncertainty. As the article notes: “…Total’s withdrawal from the country, including a planned huge gas project in the South Pars gas field, makes it the last major Western oil company […]
Read more »Courtesy of Stratfor (subscription required), news that Libya recently announced a deal involving the development of an oil refinery and gasoline stations in Egypt, as well as a natural gas pipeline running from the Egyptian city of Alexandria to the coastal Libyan city of Tobruk. As the article notes: “…This energy agreement could boost Libyan […]
Read more »Â As we have discussed many times previously, the existing pipeline architecture of Central Asia represents the regional imperialism of Cold War Russia, despite Turkmen and Kazakh flirtations with new Trans-Caspian pipeline projects to Azerbaijan to circumvent the Russian control over exports to Western Europe. A recent article by Robert M. Cutler of Carleton University in […]
Read more »From AFP, a report that India expects to finalize a deal “by next month” on a pipeline that will transport gas from Iran. According to the article, Indian Oil Minister Murli Deora said:  “The only one issue is where to take the delivery, the delivery point. We wanted it on the border of India and […]
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