Via Fortune Magazine, an interesting article on Lukoil and its future prospects. As the article notes “…one thing is clear about Lukoil: It’s a company that mirrors Russia right now. Back in the summer it looked as though it was on top of the world. In less than 20 years after a clever young bureaucrat […]
Read more »Via Stratfor (subscription required), an analysis of the recent summit in Hungary for officials from countries interested in, or part of, the Nabucco natural gas pipeline project including Austria, Azerbaijan, Bulgaria, Egypt, Georgia, Germany, Iraq, Romania and Turkey. As the article notes: “…Nabucco is a planned 2,000 mile pipeline between Turkey and Austria to transport […]
Read more »Via The New York Times, a report that Kuwaiti investment firm Noor Financial Investment Co. will join with the Russian oil and gas giant’s Gazprom Geofizika subsidiary to form one venture in Russia and another in Kuwait. As the article notes: “…Both joint ventures will provide oil and gas production, repair and maintenance services. …Gazprom […]
Read more »Via Windows on Eurasia, an analysis of the renewed interest in the development of three major north-south routes that would link Russia with Iran — via the Caspian Sea, via a railroad through Azerbaijan, and via pipelines from Kazakhstan and Turkmenistan — a route that it is only half as long as the traditional sea […]
Read more »Via Terra Daily, a report that Liberia signed Thursday a 2.6 billion dollar agreement with Chinese conglomerate China Union to develop its main iron ore mine, the biggest ever investment in the West African nation. As the article notes “…President Ellen Johnson Sirleaf signed a mineral development agreement with officials from the Chinese mining company […]
Read more »Via The Associated Press, a report that low oil prices are forcing Peru’s government to reevaluate $2 billion it planned to invest in an oil refinery and new pipelines in the Amazon jungle. As the article notes “…Suspending the pipeline project could put Peru’s ambitions to become a net oil exporter on hold. The upgrades […]
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