Courtesy of Stratfor (subscription required), analysis of recent U.S. moves to modify its policy toward Myanmar by moving beyond the current sanctions regime to include direct engagement with the military government, a strategy that could weaken China’s influence in a country that is playing an increasing role in China’s overseas energy strategy. As the article […]
Read more »Courtesy of Foreign Policy In Focus, an interesting report on oil nationalism in Latin America. As the article notes: “…Latin America is endowed with 132 billion barrels of “proven” oil. Venezuela, Brazil, Mexico, and Ecuador have significant reserves and strong state involvement in the exploration and production of oil through their nationalized companies Petróleos de […]
Read more »Via Africa-Asia Confidential, a report that China’s relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block, and a look at the complicated ownership structure of Sonagol Sinopec International (SSI), a joint venture between Sinopec and China Sonangol […]
Read more »Via The Oil Drum, an in-depth look at Turkmenistan’s natural gas reserves. As the report notes: “…Turkmenistan holds significantly large quantities of natural gas (they hold the world’s fourth largest reserves) and these have, over the years, proved attractive to Russia, China and the West. Until fairly recently, despite some bad relationships from time to […]
Read more »Via Energy Daily, a report that Venezuelan President Hugo Chavez recently announced a 16-billion-dollar deal with China to drill for oil in the resource-rich Orinoco basin. As the article notes: “…a deal was signed in Beijing for the Orinoco basin. It sets out a Chinese investment of 16 billion dollars over the next three years,” […]
Read more »Via Global Geopolitics, another look at the “pipeline politics” of the growing petro-partnership between China and Myanmar. As the report notes: “…If military-ruled Burma needed a stark symbol of China’s growing dominance in the country, then it would be poised to get one soon. The Asian giant is about to start building two pipelines – […]
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