Courtesy of the Financial Times, a report on Sinopec’s recent acquisition of Lukoil assets in Kazakhstan: Lukoil has agreed to sell its stake in several oil projects in Kazakhstan to Sinopec for $1.2bn, in the latest of a string of Chinese investments in the country’s energy sector. The Russian company – the country’s largest private-sector […]
Read more »Courtesy of STRATFOR (subscription required), an analysis of how delays in Kashagan could benefit Russia: A general view on June 30, 2013, shows the Bolashak oil plant on the Kashagan offshore oil field near Atyrau in Kazakhstan. Summary Reports have surfaced in recent weeks that production at the massive Kashagan oil project in Kazakhstan may […]
Read more »Via STRATFOR (subscription required), an interesting look at Russia’s efforts to conclude a natural gas deal with China: Russia is intent on clinching the long-awaited natural gas deal with China before Russian President Vladimir Putin travels to Beijing in May, Deputy Prime Minister Arkady Dvorkovich said April 14. Dvorkovich wrapped up a visit to China […]
Read more »Courtesy of STRATFOR (subscription required), a detailed analysis of the impact of Kazakhstan’s economic downturn on its neighboring countries: The Byterek Tower is viewed from outside the Presidential Palace in Astana, Kazakhstan, as a soldier stands guard July 1, 2013. Summary Central Asia’s economic stability is in question after the Kazakh economy began declining and […]
Read more »Courtesy of STRATFOR (subscription required), a look at Venezuela’s oil infrastructure: With the late 20th century discovery of the bitumen deposits of the Orinoco Petroleum Belt, Venezuela is home to two major oil producing regions and more than 200 billion barrels of proven oil reserves. After decades of development, the wells of the Maracaibo region, […]
Read more »Courtesy of STRATFOR (subscription required), a detailed look at the impact of a recent escalation in militant attacks on oil pipelines in eastern Colombia which have taken about 3 percent of Colombia’s daily oil production offline, according to government figures: The attacks have affected the Bicentenario and Cano Limon-Covenas oil pipelines. The renewed targeting of […]
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