Via The Wall Street Journal, a report that China National Petroleum Corp. and Cnooc Ltd. have proposed paying at least $17 billion for all of Repsol YPF SA’s stake in its Argentine unit YPF SA. As the article notes: “…The deal, which could be the biggest overseas investment by China, highlights its growing thirst for […]
Read more »Via Robert Amsterdam, a slightly dated analysis of Turkey’s strategic role in the region that has regained relevance in the face of the recent agreements signed between Russia & Turkey over South Stream access routes, and continued tension between Russia & Georgia. As the article notes: “…Turkey’s role in global affairs is defined by its […]
Read more »Courtesy of The New York Times, an interesting look at Afghanistan’s mining development and mineral potential. As the article notes: “…Afghanistan’s mining ministry, emboldened by its first copper tender and undeterred by escalating violence, is inviting more bids in hopes the industry can eventually drive economic growth and help bring security. …Yet it also has […]
Read more »Via Stratfor (subscription required), analysis of the recent Russia/Turkish agreement to allow Turkish territory to be used for the ambitious Russian-led natural gas project known as South Stream. As the article notes: “…The highly anticipated meeting was widely recognized to have energy items at the top of its agenda, so the deal to move forward […]
Read more »Via Oil and Gas Eurasia, a report that Gazprom is to buy controlling stake in Kyrgyz national gas company. As the article notes: “…Gazprom will acquire a controlling stake in Kyrgyzstan’s national gas company, following agreement between the Russian energy giant and the Kyrgyz government, the Central Asian republic’s ambassador to Moscow said on Wednesday. […]
Read more »Via El Universal, a very dire outlook on state-run oil holding Petróleos de Venezuela (Pdvsa). As the article states: “…Pdvsa has little cash flow.” Pdvsa is looking for money to keep the pace of expenses, lamented Diego González, former manager of Pdvsa Oilfields and Gas. Pdvsa’s alarms have set off. Ten issues bring the company […]
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