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 […]
Read more »Via The Oil and Glory, an interesting look at the continued “pipeline politics” surrounding the Nabucco project and the entire trans-Caspian region. As the article notes: “…On one hand, Turkmenistan is in the catbird seat. Exxon, Chevron, BP and ConocoPhillips are salivating over the country’s onshore natural gas fields, in particular South Yolotan-Osman, the fifth-largest […]
Read more »Via The Financial Times, a report that Russia and Cuba have signed contracts that ”set the bases” for Russian oil company Zarubezhneft to search for oil in Cuba’s part of the Gulf of Mexico. As the article notes: “…In its online edition, Communist Party newspaper Granma said four oil-related contracts had been signed during a […]
Read more »Via Advertising Age (subscription required), a detailed look at how internationally-minded Chinese companies are trying to build brands and retail operations overseas, such as Li Ning (who hopes its Italian sportswear brand will appeal to hip teens), Chery, Haier, and Lenovo. As the article notes: “…The global recession has turned cash-hungry western companies into takeover […]
Read more »Courtesy of Foreign Policy, their annual Failed States Index which looks at the world’s most fragile countries suffering from virulent economic crisis, countless natural disasters, and government collapse. As the article notes: “…Yemen may not yet be front-page news, but it’s being watched intently these days in capitals worldwide. A perfect storm of state failure […]
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