Courtesy of The Financial Times, a report that Laos recently established a stock exchange. As the article notes: “…Communist Laos will dip its toes into capitalist shores, when it launches the world’s newest bourse in Vientiane on Tuesday. The exchange starts with just two state-owned stocks on the board: EDL Generation, which is controlled by […]
Read more »Via Nicholas Vardy, a report on Indonesia, Southeast Asia’s largest economy and possibly the next country to join the elite group of BRIC (Brazil, Russia, India, China) emerging economic powers. As the article notes: “…The BRIC economies of Brazil, Russia, India and China may lay claim to the world’s economic future. But BRICs aren’t necessarily the top performers in the […]
Read more »Via Fortune, a report on increasing size and impact of China’s NOCs: “…You know the major players in big oil — Shell (RDSA), Exxon Mobil (XOM, Fortune 500), BP (BP), Chevron (CVX, Fortune 500) and a handful of other fuel goliaths. Soon though, it might be time to add China to that list. The country’s […]
Read more »Courtesy of The Financial Times and Energy Daily, news that Russia’s plan to reorient its energy trade towards the east has taken a leap forward with the start of oil exports through a new pipeline to China. As the articles note: “…The pipeline, running from Skovorodino in east Siberia to Daqing in north China, is […]
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