Via DowJones, a report that Russian energy companies OAO Gazprom (OGZPY) and OAO Lukoil Holdings (LUKOY) may revive Soviet-era ties to enter the oil-rich Gulf of the Mexico – through its Cuban backdoor. As the article notes: “…Gazprom and Lukoil “are interested by” Cuban hydrocarbons acreage, the country’s Basic Industry Minister Yadira Garcia told Dow […]
Read more »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 »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 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 […]
Read more »Via Robert Amsterdam’s excellent blog, news that Gazprom and several Chinese state-held firms are aggressively pursuing these gas field stakes left behind by Shell in Nigeria’s troubled Ogoniland- and the government of Umaru Yar’adua has indicated that it will entertain an offer from the group bringing the best infrastructure (read corporate foreign policy) package to […]
Read more »Via Radio Free Europe, an insightful look at the multitude of Caspian pipeline projects that leaders of the Caspian Sea littoral states — Azerbaijan, Russia, Kazakhstan, Turkmenistan, and Iran — and others such as the EU and U.S. are discussing, debating, funding, and developing. As the article notes: “…we are in the middle of a […]
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