Categories
Latin America

China Is Desperate To Secure Latin American Oil And Coal | SOURCE: Oil Price

State-controlled Chinese energy companies and miners are boosting their regional presence investing heavily in a wide range of operations, notably in Colombia, Ecuador, and Venezuela. Fiscally weak governments, resource-rich terrain, and a deep economic malaise exacerbated by the COVID-19 pandemic have created the ideal opportunity for Beijing to build greater regional influence. Moreover, former President Trump’s decision to ignore Latin America coupled with Washington’s crumbling regional hegemony is amplifying China’s ability to expand its regional footprint and influence.

SOURCE: Oil Price


MORE NEWS ABOUT LATIN AMERICA:

Latin America

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


LATEST REPORTS:


Categories
central asia

Russia and Kazakhstan push for hydrocarbon expansion with projects in Caspian | Source: Neftegaz Ru

Kazakhstan’s President Kassym-Jomart Tokayev revealed that Russia’s oil giant Lukoil would help Central Asia’s largest country develop oil fields located in Kazakhstan’s portion of the Caspian Sea. He stressed that they already started developing the large Kalamkas-Sea and Khazar fields. Kalamkas-Sea is an offshore field located in the northeastern part of the Caspian Sea, near the giant Kashagan field – one of the world’s largest discoveries of the past 4 decades. The total project cost will be about $5 billion.

Source: Neftegaz Ru


MORE NEWS ABOUT CENTRAL ASIA:

Central Asia

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Eurasia

First China-Russia highway bridge ready for operation | Source: Global Times

Workers work at the construction site of the first highway bridge connecting China and Russia across the Heilongjiang River, on August 19, 2019.

The Blagoveshchensk-Heihe highway bridge, the first highway bridge connecting China and Russia across the Heilongjiang River, is ready to open to traffic, marking the completion of another key cross-border infrastructure project that could pave the way for a closer economic bond between the two countries. China and Russia are also actively exploring cooperation in the fields of oil and gas chemicals, mineral resources, as well as green, low-carbon, and hydrogen energy.

Source: Global Times


MORE NEWS ABOUT EURASIA:

Eurasia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

Russia’s Lukoil ‘happy’ to resume talks on Iranian projects once US sanctions lifted | Source: S&P Global

Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted. Lukoil was in talks with Iran to develop the Ab Teymour and Mansouri oil fields, but had to put plans on hold in late 2018 after the US pulled out of the Iranian nuclear deal and reimposed sanctions on the country’s oil industry.

Source: S&P Global


MORE NEWS ABOUT MIDDLE EAST:

Middle East

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

Exports of Russian crude to US soared to 12-year high despite ongoing political tensions | Source: Neftegaz.RU

US daily imports of Russian oil have hit new highs, despite tough talk on a wide range of issues, including energy. Russia -the country’s 2nd biggest oil supplier after Canada- remains one of the US’ biggest strategic partners in the energy sector, despite long-standing tensions between Moscow and Washington.

Source: Neftegaz.RU


MORE NEWS ABOUT NORTH AMERICA:

North America

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

Iran opens new oil export pipeline bypassing Strait of Hormuz | Source: World Oil

Iran started its first transfer of crude oil via its strategic Goreh-Jask pipeline, allowing the country to bypass the Strait of Hormuz. Most of Iran’s energy exports currently pass through the Strait of Hormuz, a narrow shipping channel on the Persian Gulf that was plunged into crisis after former President Donald Trump abandoned the 2015 nuclear deal and reinforced sanctions on Iran’s oil sector and wider economy.

Source: World Oil


MORE NEWS ABOUT MIDDLE EAST:

Middle East

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

Russia Resumes Oil Production In Libya | Source: Warsaw Institute

Gazprom has resumed crude oil production in Libya under its joint venture agreement with Germany’s Wintershall Dea. Oil production facilities reopened after a ten-month hiatus amid a fragile political and military situation in Libya that indeed shook the country’s oil exports.

Source: Warsaw Institute


MORE NEWS ABOUT AFRICA:

Africa

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

World Powers Agree to Lift Oil, Banking Sanctions on Iran: Rouhani | SOURCE: IFP NEWS

Iranian President Hassan Rouhani says the world powers involved in the ongoing negotiations in Vienna have agreed to remove the anti-Iran sanctions in the oil, banking, shipping, and insurance fields.

SOURCE: IFP NEWS


MORE NEWS ABOUT MIDDLE EAST:

What is happening in the Middle East?

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Sin categoría

Russia is recruiting 400 Syrian mercenaries to protect Haftar’s oil fields in Libya | SOURCE: THE NEW ARAB

Russia is recruiting 400 Syrian from Bashar Al-Assad’s military and allied armed factions to protect Libyan oil facilities held by militias belonging to renegade general Khalifa Haftar. Meanwhile, the pro-regime Jerusalem Brigade, also supported by Russia, is recruiting mercenaries to reinforce its numbers after attacks by the Islamic State group.

SOURCE: THE NEW ARAB


MORE NEWS ABOUT AFRICA:

What is happening in the Africa?

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


LATEST REPORTS:


Categories
Sin categoría

Ecuador indigenous protestors block access to Petroecuador oil field | SOURCE: REUTERS

A view shows the Ecuador’s state-run Esmeraldas refinery complex in Esmeraldas, Ecuador

An indigenous community in Ecuador’s Amazon region is blocking access to one of state oil company Petroecuador’s main fields.

SOURCE: REUTERS


MORE NEWS ABOUT LATIN AMERICA:

What is happening in the Latin America?

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


LATEST REPORTS: