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 »Via Oil and Gas Daily, a look at China’s growing influence in Iraq: China has gained a major foothold in oil-rich Iraq, shaking up Western domination in fields from energy to construction, even as some warn that infrastructure projects could leave Baghdad in debt. After decades of conflict, Iraq is “badly in need of foreign […]
Read more »Via The Diplomat, a report of difficulties for the Caspian Pipeline Consortium: In a press release on August 22, the Caspian Pipeline Consortium confirmed reports that it had suspended oil loading at two of its three single mooring points at the Black Sea terminal Yuzhnaya Ozereye, near the port of Novorossiysk. Reuters had reported on the suspension […]
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