.... As this shift is occurring, under the 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 unprecedented pace. LUKoil's 2025 ... ... Platts Top 250 Majors Ranking, where today 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 true, with ...
... European market is quickly becoming less 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 Asia, but this option is far from easy and ... ... 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 ...
... From Russia With Love:
Xi Jinping visit to Russia was highly symbolic, as is the case with first foreign visits (See: NTS). Energy was at the forefront of the visit with two different outcomes for the oil and gas talks. The other issue was geopolitics ... ... resources it needed for its economic miracle, especially in respect to oil (See: BruneiTimes). Oil discussions were a success, as Rosneft and CNPC signed several agreements; including first ever Arctic joint-venture for an Asian country (See: Bloomberg). Alexander ...