Via Truthout, commentary on how China’s insatiable thirst for energy is having a profound effect on the countries that surround it: The rise of The Peoples Republic of China (PRC) on the international stage in recent years has caused increasing competition over natural resources across the globe, with energy in the Middle East being no […]
Read more »Courtesy of the Financial Times, a report on Sinopec’s recent acquisition of Lukoil assets in Kazakhstan: Lukoil has agreed to sell its stake in several oil projects in Kazakhstan to Sinopec for $1.2bn, in the latest of a string of Chinese investments in the country’s energy sector. The Russian company – the country’s largest private-sector […]
Read more »Via STRATFOR (subscription required), an interesting look at Russia’s efforts to conclude a natural gas deal with China: Russia is intent on clinching the long-awaited natural gas deal with China before Russian President Vladimir Putin travels to Beijing in May, Deputy Prime Minister Arkady Dvorkovich said April 14. Dvorkovich wrapped up a visit to China […]
Read more »Via Quartz, a report on how China’s appetite for resources is taking them to Tibet: Take a picture; it may not look like this for long. Chinese oil and gas explorers have drilled a deep borehole in the Tibetan Plateau, the world’s largest and highest plateau at about 4,500m above sea level, according to the South China Morning Post. The project, whose […]
Read more »Courtesy of The Financial Times, a look at the possibility of a strategic gas deal between Gazprom and the China National Petroleum Corp (CNPC): As the global market for natural gas is transformed, Russia and its national champion Gazprom have found their long-term export strategy challenged. No longer able to rely on their core European […]
Read more »Via The Diplomat, an article on the race between India and China to build a presence in the energy-rich Arctic region: After a lengthy courtship, China and India formalized their relationship with the Arctic Council in May 2013 by gaining admission as official observer states. In the months since, both countries have been actively seeking […]
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