Via The Oil Drum, some interesting background and context on the latest gas-related conflict between Russia and Ukraine. As the article notes: “…it’s worth remembering a few simple facts: The conflict started in 1992, not in 2006; Russia cannot win a gas war against Ukraine and knows it; The real underlying stakes are not about […]
Read more »Via Energy Daily, a report that Myanmar has signed a deal with South Korean and Indian companies to pipe natural gas from the energy-rich nation’s offshore fields to China. According to the article: “…The Myanma Oil and Gas Enterprise inked the deal last Wednesday with South Korean companies Daewoo and Korea Gas Corporation and Indian […]
Read more »Via The International Herald Tribune (and New York Times), an insightful report on Gazprom’s recent financial woes. As the article notes: “…A year ago, Gazprom, the Russian natural gas monopoly, aspired to be the largest corporation in the world. Buoyed by high oil prices and political backing from the Kremlin, it had already achieved third […]
Read more »Via Stratfor (subscription required), interesting analysis on the recent “political agreement” signed on Dec. 24 by Serbian President Boris Tadic and Russian President Dmitri Medvedev to construct the South Stream gas pipeline through Serbia. Additionally, as noted in the report, the Serbian delegation also signed a long-awaited agreement with Gazprom Neft while in MOscow for […]
Read more »Via Stratfor (subscription required), a report that China National Petroleum Corp. (CNPC) and other Chinese energy companies are actively hunting for new investments in foreign oil and natural gas projects. As the article notes: “…The combination of a global credit shortage and low oil prices has left many energy firms around the world in dire […]
Read more »Via Stratfor (subscription required), an update on Lukoil’s dalliance’s with Repsol YPF. As we have discussed previously, LUKoil, Russia’s largest privately-owned oil firm, is considering forming a partnership with Spanish energy company Repsol YPF. As the article notes: “…Spain’s Repsol YPF, a privately owned energy company with major assets in Latin America, and LUKoil, Russia’s […]
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