From Newsweek, a timely reminder of the struggles facing the original Seven Sisters and the rise of the new oil majors. As the article notes: “…The escalating [BP] dispute is emblematic of the problems facing Big Oil—shrinking access, falling profit margins, underinvestment in equipment and technology and a business model that’s increasingly questioned. Major Western […]
Read more »As recently reported in The Japan Focus, Russia’s Far Eastern frontier is now turning into the place where energy export becomes a political tool in shaping the country’s relations with regional neighbors. China, the two Koreas, and Japan are hungry for energy, natural resources and, at the same time, seek economic and political cooperation. In […]
Read more »As recently discussed by The Latin Business Chronicle, the emerging Venezuelan-Russian energy axis is a 21st-century throwback to the Cold War Soviet-Cuban alliance and may be emblematic of geopolitical forces rising to challenge U.S. leadership and influence. As the article notes: “…Chávez and the Russian duo want to redistribute global power as expediently as possible. […]
Read more »From The National, an interesting analysis of Russia’s recent diplomatic and trade activities in the Middle East and North Africa in a bid to enhance its geopolitical clout and gain access to, and at least partial control over, the region’s oil and gas reserves. As the article notes: “…Among the former global superpower’s tactics: linking […]
Read more »Via Energy Daily, an interesting look at evolving relationship between Turkmenistan and Gazprom, specifically Turkmenistan’s ability to play off Chinese and Western interest in its reserves as a way to keep Gazprom “in line”. As the article notes: “…Eurocrats perturbed by Gazprom’s growing dominance of Europe’s natural gas market and its hardball capitalist tactics, take […]
Read more »As reported by The International Herald Tribune, Gazprom is working to turn its Western partners into a lobbying network to try to overcome the European Union’s worries about its aggressive expansion plans. As the article notes: “…Companies working with Gazprom in its Siberian fields may be happy to oblige, analysts say, eager to strengthen their […]
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