Via Gundogar, an article noting that questions have recently been raised about whether the gas resources of Turkmenistan are in fact as spectacularly voluminous as verified last year by the British firm, Gaffney Cline & Associates. As the report notes: “…Gaffney Cline certified that the new South Yoloton field held between 4 trillion and 14 […]
Read more »Via Stratfor (subscription required), an interesting look at a new partnership between Petroleos de Venezuela (PDVSA) and Petroleo Brasileiro SA (Petrobras) to establish a joint-venture company to build and operate the Abreu e Lima refinery in northeastern Brazil’s Pernambuco state. As the article notes: “…Under the agreement, Petrobras will own a 60 percent stake in […]
Read more »Courtesy of The Financial Times, an excellent look at the reach of China’s state oil companies around the globe. As the article notes: On a leafy street in Almaty, a few hundred miles from Kazakhstan’s border with China, the elegant mansion of China National Petroleum Corporation is kept under close guard. Behind its closed shutters, […]
Read more »Via Xinhua News, a report that Iran and Venezuela will launch a joint oil company with its headquarters based in Spain. As the article notes: “…Iran and Venezuela are establishing an oil company named Beniroug which allows us to make investments and activities in other countries, including Cuba, Sudan, China and Bolivia,” First Secretary for […]
Read more »Via Foreign Policy, a brief analysis of the role that Kazakh oil is playing in the closer ties between Russia and Turkey over energy. As the article notes: “…Turkey’s dream of becoming the energy hub of the region, benefiting from all the pipelines either up and running or on paper, in Eurasia, is one step […]
Read more »Via The Asia Times, a report on the troubled state of energy relations between Azerbaijan and Turkey. As the article notes: “…In all the debate and speculation over the various pipelines planned for the Caspian-South Caucasus corridor and adjacent regions (Nabucco, South Stream, White Stream, and Trans-Caspian Gas Pipelines in addition to various oil pipeline […]
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