Via Energy Daily, a report that China’s overseas hydrocarbon acquisition activities continue, this time in Argentina. As the article notes: “…China’s state-owned energy giant Cnooc said Sunday it would pay 3.1 billion US dollars for a 50-percent stake in an Argentinian-owned energy company , the latest in a string of acquisitions. Cnooc said the deal, […]
Read more »Courtesy of Mark Mobius’ blog, an examination of Jordan’s progress and market potential: “…Jordan is a modern democratic constitutional monarchy with the King as head of state. It has a highly educated population of about 6.1 million with a growing middle class. The government’s focus has been on economic reform and growth. The role played […]
Read more »Via Time, an interesting report on the renewed interest in East Africa’s hydrocarbon potential. As the article notes: “…According to local lore, Portuguese travelers as far back as the late 19th century suspected that oil might lie beneath parts of East Africa after noticing a thick, greasy sediment wash up on the shores of Mozambique. […]
Read more »Via Time, an interesting thought regarding Indonesia and its potential inclusion among the BRIC designation. As the article notes: “…Perhaps we should add an “I” to the BRICs, for reasons much more positive for the global economy. The extra “I” would stand for Indonesia, a country that often gets forgotten amid all of the attention […]
Read more »Courtesy of STRATFOR (subscription required and recommended), a report on the possibility that Russia will implement another round of consolidations in its energy sector to improve efficiently and competitition. As the article notes: “…STRATFOR sources in Moscow report that Russia is preparing for another round of consolidations in its energy sector, like those in 2005 […]
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