Courtesy of The New York Times, a report on Russia’s use of Rosneft, as a foreign policy instrument: Russia is increasingly wielding oil as a geopolitical tool, spreading its influence around the world and challenging the interests of the United States. But Moscow risks running into trouble, as it lends money and makes deals in turbulent […]
Read more »Courtesy of Russia Briefing, a report on a number of agreements signed by Russia and China related to OBOR activities: As predicted, a significant array of economic cooperation agreements were signed between Russia and China during President Xi Jinping’s recent visit to Moscow. The deals include the creation of the new US$10 billion China-Russia RMB Investment Cooperation Fund, which provides access […]
Read more »Courtesy of STRATFOR (subscription required), interesting commentary on Rosneft and Gazprom: Forecast Rosneft will face difficulty as Moscow prioritizes the government’s financial and political needs over those of the oil firm. Gazprom’s piped natural gas export monopoly will eventually end, spurring competition between the Russian energy firms for customers at home and abroad. Russian President […]
Read more »Via Forbes, an interesting article on the impact of Rosneft’s planned purchase of TNK-BP: Exxon Mobil is no longer the world’s number-one oil producer. As of last week, that title belongs to Putin Oil Corp – oh, whoops. I mean the title belongs to Rosneft, Russia’s state-controlled oil company. Rosneft is buying TNK-BP, which is […]
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 »From Robert Amsterdam’s insightful blog, an interesting analysis of recent high level agreements between China and Russia in the energy field. As the article notes “…First let’s review what China is throwing into Russia, and what they expect to receive in return. Under significant pressure to refinance company debt, state-owned oil company Rosneft has managed […]
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