Via The Financial Post, a report that Russia signed its biggest ever energy deal with China, under which its oil companies will receive US$25-billion in loans in exchange for long-term crude supplies. As the article notes:. “…The source said state oil champion Rosneft and pipeline monopoly Transneft signed a long-delayed deal to borrow the money […]
Read more »Via The Kansas City Star, an interesting article on Rosukrenergo, the mysterious firm that had acted as the intermediary between Russia & Ukraine on gas sales. As the report notes: When Ukraine and Russia ended their clash over natural gas supplies last month, resuming the flow to more than a dozen European countries, the agreement […]
Read more »Via Stratfor (subscription required), an interesting anaylsis of Uzbekistan’s role in the spotlight as Russia and the U.S. engage in a strategic tug-of-war over Central Asia. As the article notes “…With a population of nearly 28 million, Uzbekistan it is the most populous of the former Soviet Central Asian republics. It is also one of […]
Read more »Via Energy Daily, a detailed look at Azerbaijan’s central role in the covert new Great Game energy war between the West and Russia for domination of both Caspian energy and its transit resources. As the article notes “…No Caspian nation has been more affected by the perfect storm of the global economic bust, Russian-Ukrainian gas […]
Read more »As reported by The Jakarta Post, Indonesia’s state owned oil company – PT Pertamina – named a new President recently. As the article notes: “…Newly appointed Pertamina president director Karen Agustiawan has promised she will boost the company’s performance to meet production targets and to deal with possible fuel scarcity. Energy and Mineral Resources Purnomo […]
Read more »As recently reported in The New Yorker, China has maintained its appetite for African investments, despite the economic downturn. As the article notes: “Some developed Western countries hit by the financial crisis are reducing their investment in Africa. Objectively, this is a powerful opportunity for Chinese businesses to expand their investment and market share in […]
Read more »