Via Stratfor (subscription required), interesting analysis of Gazprom and how the impact that falling demand for its natural gas supplies has led the Kremlin to target foreign and domestic natural gas suppliers for their market shares. As the report notes: “…Russia’s natural gas industry is continuing to suffer large setbacks, with production falling by 17 […]
Read more »Via Energy Daily, a report on Azerbaijan’s oil production and economic progress. As the article notes: “…Last year Azeri oil production totaled 44.5 million tons of crude, while the government’s original forecast was for 50 million tons. Speaking at a news conference in Baku on May 22, Industry and Energy Minister Natig Aliyev told journalists, […]
Read more »Via New Europe, an interesting look at Gazprom. As the article notes: “…European officials have accused Russian gas giant Gazpromof spending far too much time playing politics over gas and not enough time developing new resources. Russia, Gazprom, Vladimir Putin — I suppose it’s the same thing – have spent far too much time playing […]
Read more »Via China Knowledge, a report that PetroChina offered to purchase a 45.51% stake in Singapore Petroleum Company from Keppel Corporation for S$ 1.47 billion. PetroChina noted that a mandatory general offer for the remaining 54.49% stake will be made if approval for the initial bid is received on or before 24 July. Singapore Petroleum is […]
Read more »Courtesy of The New York Times, adroit analysis of the rise – and fall – of Venezuela’s petroleum-funded influence in South/Central America, and the more recent ascendancy of China & Brazil in the region. As the article notes: “…President Hugo Chávez’s push to extend his sway in Latin America is waning amid low oil prices […]
Read more »Via Energy Daily, analysis of Gazprom’s fraying relationship with one of its largest suppliers – Turkmenistan. As the article notes: “…its policies have alienated one of its largest suppliers, Turkmenistan, and if Gazprom’s management does not dramatically alter its policies, then it could lose access to the 42 billion to 45 billion cubic meters of […]
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