Via Foreign Policy, an interesting short review of national oil companies and the “haves/have-nots” therein. As the report notes: “Big oil,” as Daniel Yergin notes, isn’t what it used to be. Forget the “seven sisters” — those huge companies that dominated the oil business in the 20th century. Today, at least 80 percent of oil […]
Read more »Via Lanka Journal, an interesting look at the economic/investment prospects of a post-war Sri Lanka. As the article notes: “…IN SRI LANKA, THE INVESTMENT AXIOM that the best time to plunge into the market is when there is “blood on the streets” is tragically literal. More than 80,000 citizens of the tiny Indian Ocean island […]
Read more »Via The Progressive Review, an detailed history of the West’s recent involvement in Afghanistan and why it has likely been driven by a new round of the Great Game … over oil. As the article notes: “…A glance at a map and a little knowledge of the region suggest that the real reasons for Western […]
Read more »Via The Oil & Gas Journal, an in-depth comparison of Mexico’s Petroleos Mexicanos (Pemex), Venezuela’s Petroleos de Venezuela SA (PDVSA), and Brazil’s Petroleo Brasileiro SA (Petrobras), the most talked-about and likely the most influential National Oil Companies (NOCs) in the Western Hemisphere and three of the New Seven Sisters. As the article notes: “…Pemex and […]
Read more »Courtesy of The New York Times, a report on the Brazilian government’s decision to step back from more than a decade of close cooperation with foreign oil companies and more directly control the extraction itself. As the article notes: “…The move is part of a nationalistic drive to increase the country’s benefits from its natural […]
Read more »Via Robert Amsterdam, an interesting look at Turkey’s role in the new emerging “Great Game”. As the article notes: “…Why would Turkey sign on to a massively expensive and redundant underwater pipeline that would eliminate the transit business at the lucrative but over-trafficked Bosporus Straits? Because when it comes to Gazprom and Eni’s South Stream, […]
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