As reported by The Jakarta Post, Indonesia’s state owned oil company – PT Pertamina – named a new President recently. As the article notes: “…Newly appointed Pertamina president director Karen Agustiawan has promised she will boost the company’s performance to meet production targets and to deal with possible fuel scarcity. Energy and Mineral Resources Purnomo […]
Read more »As recently reported in The New Yorker, China has maintained its appetite for African investments, despite the economic downturn. As the article notes: “Some developed Western countries hit by the financial crisis are reducing their investment in Africa. Objectively, this is a powerful opportunity for Chinese businesses to expand their investment and market share in […]
Read more »Via The Moscow Times, a report on how one owner of RosUkrEnergo would solve future gas problems. As the article notes: “…Russian, Ukrainian and European investors would each own a third of the company, Firtash said in an interview Saturday. He controls 45 percent of Swiss-registered RosUkrEnergo, the sole importer of gas to Ukraine since […]
Read more »Via Fortune Magazine, an interesting article on Lukoil and its future prospects. As the article notes “…one thing is clear about Lukoil: It’s a company that mirrors Russia right now. Back in the summer it looked as though it was on top of the world. In less than 20 years after a clever young bureaucrat […]
Read more »Via Stratfor (subscription required), an analysis of the recent summit in Hungary for officials from countries interested in, or part of, the Nabucco natural gas pipeline project including Austria, Azerbaijan, Bulgaria, Egypt, Georgia, Germany, Iraq, Romania and Turkey. As the article notes: “…Nabucco is a planned 2,000 mile pipeline between Turkey and Austria to transport […]
Read more »Via The New York Times, a report that Kuwaiti investment firm Noor Financial Investment Co. will join with the Russian oil and gas giant’s Gazprom Geofizika subsidiary to form one venture in Russia and another in Kuwait. As the article notes: “…Both joint ventures will provide oil and gas production, repair and maintenance services. …Gazprom […]
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