... 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 as efficiency still strikes... ... extravagantly this year by losing 26 places and ending up 57th due to the quickly changing European market. To add salt to the wound, Gazprom is now sandwiched between Walt Disney... ... 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...
... factors have also strained development. Like the 10 year dispute amid TNK-BP, Interros, Gazprom and other stakeholders, but a light at the end of the tunnel seems nearer as... ... 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 the extent of underdevelopment is quite obvious, particularly if compared to the European part of Russia. It is not surprising, since USSR and China have fell into hostilities during the 1960s and only reached a detente by 1980s...
... USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in the future ... ... to oil (See: BruneiTimes). Oil discussions were a success, as Rosneft and CNPC signed several agreements; including first ever ... ... FoxBusiness). The most recent negotiations have lasted since 2004, when Gazprom signed a cooperation deal with its Chinese counterpart ... ... InterFax Energy). Additionally, Russia was unable to play-off Europe against China, due to the latters pressure. Russia hoped ...