Tag "CNPC"
Sanctions, oil, and the emerging China-Russia-Iran axis
Although China has backpedalled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China to play the oil card in the future – including imports from Iran despite sanctions, and drawing closer to Russia.
China and India establish “oil buyers’ club” to counter OPEC
Should this “oil buyers’ club” become a reality, New Delhi and Beijing will have greater leverage to negotiate with OPEC about oil prices and will also have a significant say in matters such as importing more crude oil from the US.
Mozambique and Rosneft’s hunt for foreign policy pull
Word that Rosneft will soon open an office in Mozambique belies the company and Igor Sechin’s growing influence over Russia’s policy in the Asia-Pacific.
Iran’s return to oil markets puts additional pressure on oil prices
The end of sanctions is a lifesaver for Iran’s economy, but oil producers will have to bear the additional brunt as new barrels flood the already oil-saturated markets. After seven
Global oil glut could further depress oil prices
With the global oil supply expected to outpace demand in 2015 and 2016, there is a growing risk from an oil glut that might further slash oil prices. The 50 percent
Conflict in South Sudan a major concern for China
Economic dependence and political conflict between Sudan and South Sudan has turned into a dire investment climate. Chinese companies are caught in the middle, but also capitalise on political divisions.
Russia and China extend energy ties at APEC
With another major energy deal reached on the fringes of APEC Summit in Beijing, Russia and China continue to strengthen their energy ties with significant geopolitical consequences for both countries.
Is China Afghanistan’s new best friend?
China is already a major investor in Afghanistan. President Ghani’s first state visit was to Beijing. Will China step in to take the US’ place when the US-led coalition leaves? Newly-elected Afghan president
Economic stakes are high in Mozambique’s elections
Low risk of post-electoral violence bodes well for investor confidence in Mozambique. However, potential changes to the regulatory framework and slow infrastructure development are likely to hinder investment in the booming