East Timor and Australia have agreed to a new maritime border which would give East Timor control of a $40 billion oil field. But not everyone is happy.
Ramazan Abdulatipov seems ready to close a sale of the state-owned port of Makhachkala to an Iranian-led group. The sale exposes the difficult balancing act elites are playing in the region.
The Iranian economy is set for an economic boom, with global powers reinvesting in its industries. However, the US sanctions remain a great deterrent for European and Asian investors. Image
The United States’ rapprochement with its former Caribbean adversary has shined a new light on a more risky situation for American investors, who are lining up for access to the Hemisphere’s last remnant of the Cold War. America’s reversal on its decades-old isolationist policy…
A Rosneft-led group of buyers just closed a deal for 98% of the Indian firm Essar Oil’s Vadinar refinery and oil terminal facility. In conjunction with the Dutch oil firm Trafigura and Russian fund United Capital Partners (UCP), the Russian state oil firm Rosneft along…
New mining laws in Bolivia may give La Paz more control over mining, but rising expenditures and low oil may force it to open up new opportunities for investors.