Via Energy Daily, a report that China’s overseas hydrocarbon acquisition activities continue, this time in Argentina. As the article notes: “…China’s state-owned energy giant Cnooc said Sunday it would pay 3.1 billion US dollars for a 50-percent stake in an Argentinian-owned energy company , the latest in a string of acquisitions. Cnooc said the deal, […]
Read more »Courtesy of STRATFOR (subscription required and recommended), a report on the possibility that Russia will implement another round of consolidations in its energy sector to improve efficiently and competitition. As the article notes: “…STRATFOR sources in Moscow report that Russia is preparing for another round of consolidations in its energy sector, like those in 2005 […]
Read more »Courtesy of STRATFOR (subscription required), details on the plans by Azerbaijan’s state-owned energy firm, SOCAR, to construct a new pipeline to export natural gas to Iran. As the article notes: “…The report quoted the deputy head of Azerigaz, SOCAR’s natural gas subsidiary, as saying that work was in progress to construct the 200-kilometer-long (124-mile-long) Sangachal-Azadkend-Astara […]
Read more »Via Energy Daily, a look at India’s renewed efforts to secure an economic foothold in Africa in a new scramble with China for the continent’s resources, recently signing energy deals with top oil producers Angola and Nigeria. As the article notes: “…India has lagged behind China’s aggressive courting of African nations to secure rights to […]
Read more »Via Abu Dhabi’s The National, a look at China’s state-controlled enterprises efforts to secure oil and gas supplies wherever they can be obtained in order to feed the growing energy appetite of the world’s second-largest economy. As the article notes: “…When the going gets tough, China goes shopping for energy assets. Last year, Beijing sent […]
Read more »Via Energy Daily, a report on Turkmenistan’s recent decision to award contracts worth 9.7 billion dollars to a series of foreign companies to develop one of the world’s most prized gas fields. As the article notes: “…China National Petroleum Corporation, South Korea’s LG International and UAE-based Petrofac International are among the firms set to develop […]
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