Via Week in China, an article on CNOOC’s drilling activity in Brazilian waters: Saudi Aramco is jostling with Apple once again for the title of the world’s most valuable company, helped by oil prices that have soared 60% since last year on higher demand and the spillover effect of the disruption in energy markets caused […]
Read more »Via Merco Press, a report on massive investments in Guyana’s oil and gas industry by Exxon-Mobil Exxon Mobil is investing heavily off the coast of Guyana expecting future production of some 1,2 million barrels per day of oil and gas by 2027. According to the company the fourth oil project production off Guyana will receive […]
Read more »Via Oil and Gas Daily, a report on a planned large investment in Uganda’s oil sector: Chinese and French oil giants finally sealed a $10-billion deal Tuesday to unlock Uganda’s energy resources and build a vast regional oil pipeline, a mega-project that has incensed environmental groups. The so-called Final Investment Decision should pave the way […]
Read more »Via Oil and Gas Daily, a report on a recently announced Sino-French African pipeline deal: French green groups on Monday denounced a newly inked multi-national accord to build a massive crude oil pipeline in East Africa, warning of huge environmental risks. The Ugandan and Tanzanian governments joined oil companies Total of France and China’s CNOOC […]
Read more »Courtesy of The Economist, a look at China’s recent acquisition of a Canadian energy firm: WHEN Barack Obama put on hold plans for an oil pipeline from Canada to the United States, Canada’s prime minister said perhaps it was time to turn to Asia. This week further evidence emerged that if America isn’t interested in […]
Read more »Courtesy of The Washington Post, a report on how China’s growing appetite for energy has led it into the messy politics and tensions of Sudan. As the article notes: At a restaurant along the River Nile offering crocodile and ostrich meat, officials of the world’s newest — and desperately destitute — nation hosted a lunch […]
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