As reported by The Financial Times, Gazprom recently set out a vaulting vision of its future status as the world’s most powerful energy company. As the article notes: “…Alexey Miller told the Financial Times that the world was undergoing “a great surge in oil and gas prices . . . which will end with prices at a radically new […]
Read more »As reported by New Eurasia.net, a new Silk Road seems to be in the offing. The article notes: “…[World Bank President] Bob Zoellick used his three-day trip to Kazakhstan to announce a $2.5 billion infrastructure project together with Prime Minister Massimov. A trade corridor linking China and Europe by road has long been in the […]
Read more »Via The Financial Times, an interesting look the future of the Russian gas market as the long-awaited natural gas price liberalization slowly begins to take hold in that country. As the article notes: “…With energy prices riding high you might expect investors would be lining up to invest in a fund that bets on Russia’s […]
Read more »Via Arabian Business, an interesting look at Iran’s petroleum and shipping sectors. As the article notes: “…According to most independent analysis, Iran has proven oil reserves of around 136 billion barrels, with 40 production sites – 27 of which are onshore and 13 offshore. In 2006 Iran produced 3.8 million bbl/d of crude oil, equal […]
Read more »Via The Washington Post, a detailed look at how China – intent on getting the resources needed to sustain its rapid growth – is taking its quest to lock down sources of oil and other necessary raw materials across the globe. As the article notes: “…China has turned to Africa, an oil-producing source whose risks […]
Read more »Via The Energy Daily, a report that Russian energy giant Gazprom intends to invest between 8 and 10 trillion rubles ($338-422 billion) in a range of projects between 2009 and 2020. “…According to our forecasts, investment will be between eight and ten trillion rubles by 2020, and annual investment is estimated at some 700 billion […]
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