Via The Associated Press, a report that China wants to loan Brazil’s state oil company $10 billion to help develop massive new oil fields in deep water off the coast of Rio de Janeiro. According to the article, Mines and Energy Minister Edison Lobao – Brazil’s top energy official – said: “… Chinese officials contacted […]
Read more »Via Energy Daily, a report noting that Russian President Dmitry Medvedev – while making his first visit to Brazil – made the first stop of his trip trip to the headquarters of state-run oil company Petrobras, reaffirming Gazprom’s emergence as a player in Latin America’s growing energy infrastructure. As the article states: “…Medvedev announced that […]
Read more »Via Africa-Asia Confidential, an interesting look at growing discord in the relationship between China and Africa, specifically Nigeria. As the article notes: “The catastrophic failure in November of Nigeria’s US$340 million, Chinese-built satellite NIGCOMSAT-1, launched only a year ago, is the latest, most visible indication of increasing difficulties between Beijing and its most sought-after and elusive […]
Read more »Via Robert Amsterdam, interesting analysis of the impact that falling oil prices may have upon financing for key production and transit projects, which could present a major strain on future supplies and in particular affect the new seven sisters & other national oil companies. As the article notes: “…With the credit tap still turned off […]
Read more »Via Energy Daily, a report that China will build a new oil & gas pipeline across Myanmar. As the article notes: “…Work on the oil and gas line will begin in southwest China’s Yunnan province in the first half of 2009, the state-run China Daily reported, indicating a project that has been in the planning […]
Read more »Via Portfolio, an article extolling the investment opportunities in Africa and Ecuador. As the report notes: “…His big idea, as glossed this speech, is that poor resource-rich countries, such as a lot of African states, are largely immune from the global financial crisis since they were never really part of the global financial system to […]
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