As always, an interesting post by Steve Levine, discussing the U.S. failure to match Russia so far in the European pipeline war. Since I’ve discussed various pipeline (and a few pipe dream) initiatives of late, I found this article to be a useful summary: “….Europe relies on Russia for more than 30% of its oil […]
Read more »A nice reminder from Stockerblog not to forget Vietnam in all the excitement/press related to China, India, etc. As the article points out, there is a lot of activity in Vietnam right now. For example, the Ho Chi Minh City Stock Exchange and the Tokyo Stock Exchange just announced a partnership which involves sharing of […]
Read more »Via NewEurasia, a report that India ONGC Mittal Energy (a joint venture between oil and gas company ONGC Videsh and steel giant Mittal Investment) acquired a 30 percent stake in an exploration block of Turkmenistan’s reserves in the Caspian Sea. The Turkmen project will become the Indian joint venture’s fourth oil and gas holding, as […]
Read more »Â According to a recent Energy Daily report, Azerbaijan – its $21 billion economy expanding at more than triple the rate of China’s in a world of record-high energy prices – has begun acquiring assets in neighboring states. “For instance, the State Oil Company of Azerbaijan has started investing in the economies of Georgia, Turkey, and […]
Read more »Martin Walker offers an interesting look at the emergence of a new hub of international commerce around the India Ocean which he has dubbed CHIMEA (China, India, the Middle East and Africa) in which Arab capital and energy — along with Indian & Chinese skills, investments and markets — are combining to present Africa with […]
Read more »Via Energy Daily, Angola’s national oil company – Sonangol E.P. – announced that 10 blocks will be offered for tender in a licensing round planned for late 2007, part of its efforts to capitalize on Africa’s No. 2 oil reserves. As the article notes, Angola possesses an estimated 10 billion to 20 billion barrels of […]
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