Via Abu Dhabi’s The National, an interesting look at India’s efforts to keep up with China’s overseas petroleum acquisition activities. As the article notes: “…The elephant appears to be trailing the dragon through the jungles of the oil world. The state-owned Indian Oil Corporation is in talks to acquire Gulfsands Petroleum, a UK company active […]
Read more »Courtesy of the always informative The Oil and the Glory, an interesting look at Gazprom and the simultaneous market & political challenges it is facing. As the article note: “…Gazprom, the largest natural gas company in the world, is experiencing a moment of truth. And so, by extension, is Russia, which has relied on the […]
Read more »Courtesy of The Boston Globe, an article on the performance of Iraqi bonds. As the report notes: “…Some count the kidnappings. Others count the suicide bombs. Still others count the deaths of US soldiers. But, in the saga of Iraq’s slow struggle toward normalcy, Robert Smith keeps track of something far more obscure: the price […]
Read more »Courtesy of STRATFOR (subscription required), an interesting analysis of Turkey’s near-term energy strategy to diversify its energy supplies and become a hub between the energy-rich east and the energy-hungry west. To accomplish this, Ankara needs reliable suppliers for the Nabucco project. Azerbaijan, Iran and Iraq are potential suppliers, but Iran and Iraq are politically problematic. […]
Read more »Courtesy of Riches Among The Ruins, an interesting look at the Palestine Securities Exchange. As the article notes: “…Last year, I met with a Palestinian official named Dr. Jihad al-Wazir, the governor of the Palestinian Monetary Authority. He explained to me his vision for financial modernization and transparency as a way forward for the West […]
Read more »Via The Wall Street Journal, a report that Iran and Pakistan signed a deal in Turkey paving the way for construction to start on a much-delayed natural-gas pipeline connecting the two nations. As the article notes: “…Pakistan has argued the pipeline, which will connect Iran’s South Pars gas field with Pakistan’s Baluchistan and Sindh provinces, […]
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