Via The New York Times, an interesting article on China’s keen interest in Iraqi petroleum opportunities. As the report notes: “…Chinese oil companies are expected to bid for the rights to develop Iraq’s oil fields in auctions that are set to start Tuesday, although Sinopec, the China National Petroleum Corporation and the China National Offshore […]
Read more »Via Energy Daily, a report that China has granted Turkmenistan a four- billion-dollar (2.9-billion-euro) loan for its gas sector and will receive additional supplies of Turkmen gas. As the article notes: “…Turkmenistan and China have signed a deal on a credit of four bilion dollars as part of a meeting between Chinese Vice Premier Li […]
Read more »Via Yonhap, an interesting look at North Korea’s foreign trade. As the report notes: “…North Korean trade with the outside world, excluding South Korea, hit a record US$3.8 billion last year, a report said Monday, despite rising tensions on the Korean Peninsula. Trade jumped 29.7 percent compared with 2007, the Korea Trade-Investment Promotion Agency, a […]
Read more »Via China Knowledge, a report that PetroChina offered to purchase a 45.51% stake in Singapore Petroleum Company from Keppel Corporation for S$ 1.47 billion. PetroChina noted that a mandatory general offer for the remaining 54.49% stake will be made if approval for the initial bid is received on or before 24 July. Singapore Petroleum is […]
Read more »Via Africa Asia Confidential, a report on the emerging race between the U.S., India, and China to control the Indian Ocean. As the article notes: “…India defines the stakes clearly in its 2007 Maritime Military Strategy paper: ‘Whosoever controls the Indian Ocean, dominates Asia. In the 21st century, the destiny of the world will be […]
Read more »Via Stratfor (subscription required), interesting analysis of the emerging China/Brazil partnership and how, while mutually beneficial & reinforcing at present, it may not evolve as extensively in years ahead due to security & political differences. As the article notes: Chinese President Hu Jintao and Brazilian President Luiz Inacio Lula da Silva oversaw the signing of […]
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