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 […]
Read more »Via The Financial Times, news that Orascom is looking at setting up a mobile phone venture in North Korea. As the article notes “…Setting up a mobile phone service in North Korea – an authoritarian state that has banned mobiles – may sound like a misguided venture but Egypt’s Orascom reckons it can defy conventional […]
Read more »Via Energy Daily, an interesting report on the growing linkages between India and Russia through petroleum. As the article notes: “…While India and China have booming economies, they share the similarity of both being energy-deficient and relying on imports. India is casting eyes across the Hindu Kush and is considering developing energy ties with its […]
Read more »As recently reported in The Financial Times, Gazprom – Russia’s state-controlled gas group – is “very comfortable” with commodity prices at present levels and is pressing ahead with its plans to increase capital spending next year, according to its deputy chief executive. As the article notes: “…In June, it was the world’s third-largest company by […]
Read more »As recently featured on CBS’ 60 Minutes, Saudi Arabia continues to feel bullish about its petroleum prospects despite the falling price of oil. As the interview with Ali Al-Naimi, the Saudi oil minister and de facto head of the OPEC oil cartel, noted: “If most Americans had an opportunity to sit down with the oil […]
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