Via The Atlantic, a brief look at Greenland’s potential to become – in the longer term – home to a new, new seven sister: Nunaoil. As the article notes: “…Aqqaluk Lynge has a recurring nightmare: “When I’m lying awake at night, I pray we don’t find oil.” That anxiety puts Lynge, the president of Greenland’s […]
Read more »Courtesy of The New York Times, a report on the ambitious Nord Stream pipeline planned to run along the bed of the Baltic Sea, the Russian natural gas giant Gazprom is driving a political wedge between Eastern and Western Europe. As the article notes: While the Russian-German pipeline offers clear energy benefits to Western Europe, […]
Read more »Via The New York Times, news that Gazprom signed a general trade agreement with China National Petroleum Corporation during a state visit by Russian officials. As the article notes: “…The deal calls for the supply of nearly 2.5 trillion cubic feet of gas per year via two potential routes originating from Siberia. China has one […]
Read more »Courtesy of The New York Times, an interesting look at a special type of investment in Iran, namely the Islamic Revolutionary Guards Corps’ recent takeover of a majority share in the nation’s telecommunications monopoly. As the article notes: “…The nearly $8 billion acquisition by a company affiliated with the elite force has amplified concerns in […]
Read more »Courtesy of The Economist, a report on Petronas – Malaysia’s national oil company. As the article notes: “…A decade after opening, the Petronas Twin Towers in Kuala Lumpur are no longer the world’s tallest. But Petroliam Nasional, the company that built them, continues to grow. It exports lots of liquefied natural gas (LNG) to booming […]
Read more »Via The Financial Times, a report that China aims to gain access to North Korea’s mineral wealth. As the article notes: “… if resource-hungry China hopes revived camaraderie will also grant it a large bite of North Korea’s massive untapped mineral wealth, analysts and diplomats warn, Beijing could be sorely disappointed. North Korea’s mineral wealth […]
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