Via Mehr news, an article on Iran’s ambitions to become a regional energy hub with Russia’s support: Iran’s oil minister said on Thursday that oil and gas swap between Iran and Russia would turn Iran the hub of energy in the region. Javad Owji, who accompanied Iran’s First Vice-President Mohammad Mokhber in Moscow to attend […]
Read more »Via Bloomberg, a report that Venezuela’s state oil company seized a minority stake in a key joint oil venture with Russia ties: Venezuela’s state oil company seized a minority stake in a key joint oil venture from GPB Global Resources, a private energy firm founded by former Gazprom PJSC officials, taking full control of the asset. Petroleos […]
Read more »Via The Africa Report, an article on Uganda’s determination to proceed with an oil pipeline mega-project despite European criticism: Uganda’s President Yoweri Museveni announced on 16 September that the Lake Albert oil megaproject, planned with the French group TotalEnergies, would go ahead despite a European Parliament resolution criticising “human rights violations” against opponents. The project “will […]
Read more »Via the Asia Times, an article on how China – while it can’t openly support Russia in Ukraine – has lent a hand by vowing to build game-changing Power of Siberia 2 gas pipeline: Negotiations to build a new pipeline designed to transport annually 50 billion cubic meters of gas from Russia to China through Mongolia […]
Read more »Via Oil & Gas Daily, an article on Russia’s decision to build a new pipeline to China to replace Nord Stream 2: A Russian pipeline to China will replace the Nord Stream 2 gas link to Europe, abandoned amid the Ukraine conflict, Moscow’s Energy Minister Alexander Novak said Thursday. Asked in an interview with Russian television […]
Read more »Via Reuters, a report that a Chinese defence firm has taken over lifting Venezuelan oil for debt offset : China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas’ billions of dollars of debt to Beijing, according to three sources and […]
Read more »