As reported by Energy Daily, China may build a third west-east gas pipeline in a bid to meet strong demand along its economically vibrant eastern seaboard. As the reports states: The pipeline will start from the western Xinjiang region and is likely to end in Fujian province in the southeast, supplying natural gas to the […]
Read more »As reported by Energy Daily, the president of energy-rich Turkmenistan recently pledged to significantly boost gas deliveries to China following talks with Chinese President Hu Jintao. As the article notes: “…Each year the future gas pipeline will deliver not 30 billion cubic meters, as before, but 40 billion cubic meters of gas,” Turmenistan President Gurbanguly […]
Read more »As reported by Window on Eurasia, Chinese, Kyrgyz and Uzbek experts have reached agreement on the route of a railway line between China and Central Asia, but this project – which would transform the geopolitics of the region – still faces some serious technical and political obstacles. As the article notes: “…experts have agreed on […]
Read more »From Newsweek, a timely reminder of the struggles facing the original Seven Sisters and the rise of the new oil majors. As the article notes: “…The escalating [BP] dispute is emblematic of the problems facing Big Oil—shrinking access, falling profit margins, underinvestment in equipment and technology and a business model that’s increasingly questioned. Major Western […]
Read more »Via Energy Daily, news that China’s Sinochem Corp., a state-owned oil trading conglomerate, has entered into an agreement to explore oil and gas in two blocks in Indonesia. As the article notes: “…Sinochem has bought a 20-percent working interest in Merangin II Block and a 40-percent stake in Belida Block, both in oil-rich south Sumatra, […]
Read more »Via Inhabitat, news that Camassive urban masterplan has been approved for Madinat al-Hareer, or City of Silk, in Subiya, Kuwait. With a budget of £66 billion ($132bn USD), the project is an ambitious endeavor that will provide a rail network between major Middle East cities and China. As the article notes: “…Kuwait, Damascus, Baghdad, and […]
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