Via Energy Daily, an interesting article on the continued impact that January’s natural gas dispute between Russia and Ukraine has had throughout European energy markets: Europe, alarmed by the vulnerability of its supplies, is sounding out new possibilities for transmission of natural gas, including the proposed Nabucco pipeline. Russia, in its turn, is seeking bypass […]
Read more »Via Energy Daily, a detailed report on Russia’s renewed interest in Nigeria’s oil patch. As the article notes: “…Russian energy firm Gazprom has signed an agreement with the New Nigeria Development Co. for exploration of three oil blocks in the country’s north, officials from both countries said.Though rights to the blocks in the Chad Basin […]
Read more »As reported in The Moscow Times, the foreign ministers of 27 European Union countries could not agree on the 3.5 billion euro budget for energy projects during a recent meeting. This means, among other things, that the fate of the Nabucco project, which was supposed to be allocated 250 million euros, has been essentially put […]
Read more »Via Energy Daily, details on Cuba’s recent efforts to negotiate oil exploration and production deals with Russia, China and Angola, with its focus on Moscow shaping up as the partnership that could make the communist island nation energy self-sufficient. As the article notes: “…The Cuban oil industry’s venturing out into deep sea waters in the […]
Read more »Courtesy of The International Herald Tribune, a report detailing the plans for Venezuela and Russia to form a joint company to work together on oil projects. As the article notes: “…Venezuelan President Hugo Chavez called the formation of a Russian-Venezuelan energy company an important step. He said it will “open operations not only in Venezuela, […]
Read more »Via Radio Liberty, a report on a multibillion-dollar agreement recently concluded between China and Iran to develop the big Yadavaran oilfield in southern Iran. As the article notes: “…The Yadavaran oil field has crude oil reserves estimated at three billion barrels. That appears to be an irresistible statistic for China, whose oil-hungry economy is slated […]
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