... breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at... ... it ranks 11th. It is quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success... ... In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has...
... accessible raising the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term option: to expand into... ... politicians have stepped into to resolve some of the issues. Also, TNK-BP acquisition by Rosneft naturally resolves some of the long-lasting disputes. As the below map illustrates... ... where the last delegate to DPRK is not Denis Rodman and it does not want to destroy USA, both South and North could cooperate in all fields, including energy matters.
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... agreements; including first ever Arctic joint-venture for an Asian country (See: Bloomberg). Alexander Novak, Russia's Energy Minister, said Rosneft will send an extra 2 million tonnes of oil to China along ESPO oil pipeline in 2014, and will gradually increase such ... ... news for players involved (See: Interfax). Due to these deals China will overtake Germany as a top destination for Russian oil. USA and China currently both import around 6 million barrels of oil per day, with latter forecasted to overtake the long-time ...
