Courtesy of Foreign Policy In Focus, an interesting report on oil nationalism in Latin America. As the article notes: “…Latin America is endowed with 132 billion barrels of “proven” oil. Venezuela, Brazil, Mexico, and Ecuador have significant reserves and strong state involvement in the exploration and production of oil through their nationalized companies Petróleos de […]
Read more »Via Africa-Asia Confidential, a report that China’s relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block, and a look at the complicated ownership structure of Sonagol Sinopec International (SSI), a joint venture between Sinopec and China Sonangol […]
Read more »Via The Peninsula (Qatar), a report that Southeast Asia’s major oil and gas firms are gearing up for an aggressive expansion to overhaul local operations and snap up foreign assets to meet the needs of a fast-growing, power-hungry region. As the article notes: “…From the archipelagos of Indonesia and the Philippines to the rapidly developing […]
Read more »Courtesy of The New York Times, an interesting report on Laos. As the article notes: “…Hammer-and-sickle flags flutter above government offices in downtown Vientiane, and the entrance to the national museum is decorated with massive sculptures glorifying the workers’ revolutionary struggle. Officially, this sparsely populated country is still communist — and has been since 1975. […]
Read more »Via The Oil Drum, an in-depth look at Turkmenistan’s natural gas reserves. As the report notes: “…Turkmenistan holds significantly large quantities of natural gas (they hold the world’s fourth largest reserves) and these have, over the years, proved attractive to Russia, China and the West. Until fairly recently, despite some bad relationships from time to […]
Read more »While we do not endorse Nicholas Vardy’s Global Guru service, we did find a recent newsletter interesting due to its focus on other emerging economies. As the report noted: “…Investment bank Goldman Sachs compiled a list called the “Next 11” (N11) back in 2005 — countries it thinks can rival the BRICs in terms of […]
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