Via New Eastern Outlook, commentary on Kazakhstan’s gas situation: The western assault on Russia and other rivals is economic. The military conflicts in Ukraine and elsewhere are only symptoms of the competition for the remaining resources that power world economies. This, as well all know, is abundantly clear. A perfect example of how the world […]
Read more »Via Oil & Gas Daily, a report on the recent sale Guyana sells $750 mn of carbon credit to US oil firm Hess Guyana has sold $750 million worth of carbon credits to the US oil group Hess, which drills off the coast of the small South American country that is 89 percent virgin forest. President Irfaan […]
Read more »Via Bloomberg, an article on a recent LNG agreement between China and Qatar: China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled […]
Read more »Courtesy of The Financial Times, a report on deals announced by Saudi Arabia as Crown Prince Mohammed bin Salman visited Seoul recently: Saudi Aramco has announced a $7bn investment in a petrochemical factory in South Korea, as part of a $30bn package of agreements between Riyadh and Seoul as Crown Prince Mohammed bin Salman forges […]
Read more »Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market. Yet, for traders willing to take on […]
Read more »Courtesy of The Financial Times, an article on Indonesia’s plans to list a unit of its flagship oil group Pertamina this year: Indonesia plans to list a unit of its government-run oil group Pertamina this year, stepping up a partial privatisation push as part of reforms to its $606bn state-owned enterprise sector. The initial public offering […]
Read more »