... 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... ... 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... ... Future" (Link to Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away!
From today till 2025...
... and gas proven reserves, but these regions are extremely underdeveloped making casing, extraction and transport difficult. Key gas fields, like Kovykta, are isolated by taiga or encircled by canyons – these are not Gazprom friendly areas due to a ... ... the tunnel seems nearer as Russian 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 ...
... Chavez's death, as it hedged massive funds in developing Venezuela's energy sector; Igor Sechin, President of Rosneft, viewed it as number one foreign investment opportunity. He even famously wore a t-shirt with Chave'z picture ... ... independent Russian oil producer touched upon working with the Chinese, apparently they are good colleagues (See: OGE).
- Europe Gas Woes:
As much as Europe has attempted to look elsewhere for its energy needs, recent developments in Iraq have once again ...