... result in efficiency savings, but allow a new avenue of possibility as BP now has access to the Arctic with Rosneft. Hopefully, Rosneft's consolidation and LUKoil's upward trend will pull Russian companies back into the top 50 firms of the ... ... transportation is unsurprisingly occurring in the developing part of the globe where figures will roughly triple from the current level. China will lead the way with the number of cars per 1000 people rising from only 40 to 200 by 2025 – amazingly this equates ...
... determine the result; it is estimated that the sum is about $60 per barrel for Urals oil – surely one must question the validity of the win-win situation at that price? However, more recently, things appear to have moved in a more positive manner as Rosneft and CNPC deal to increase supplies via ESPO have a higher reported price and the deals post Xi Jinping visit show that China is interested.
Uneasy Passengers – Gas:
China’s feat of securing Urals oil for half the market price and being a peculiar victor amid the taxation squabble in Vankor highlights its shrewdness. However, its constant desire to change ...
... extended to India increasing Russia's regional reach (See: RussiaIndiaReport). Overall, it will be key that Russia agrees a good price for its gas, as my previous blog's discussed, as it cannot end up in a situation whereby it subsidies China.
- All Aboard Rosneft! TNK-BP Done Deal:
The deal between Rosneft, BP and AAR Consortium, for the acquisition of TNK-BP by the former party was completed on 21 March (See: RT). Speculation over the possible acquisition were ongoing for a very long time - with many ...
