Now that global oil markets have gotten used to Saudi-Russian oil production cooperation that first hit the scene in early 2017 in an effort to reign in global price concerns, it now appears that the two fledgling allies are also going to cooperate in the liquefied natural gas (LNG) sector. And this time too, it…
The Trump Administration trade policy is nowhere so clear as in the energy area. For years it was thought that the younger Bush Administration was one of the most energy industry friendly in history. But the Trump Administration has gone far beyond that. Hiring Ray Tillerson, the former CEO of ExxonMobil, as US Secretary of…
During the Cold War, China and the Soviet Union regarded one another as strategic adversaries. Relations between Beijing and Moscow, however, have significantly improved over the years. Besides political alignment, the countries have complementary economies; China has an insatiable appetite for the raw materials which Russia has in abundance and Beijing has the financial strength…
A mere two years ago Russia had just one LNG project and one could rarely read about it in media outlets. With Yamal LNG, however, that has now changed completely, with a whole plethora of energy analysts in awe as NOVATEK’s project defies expectations. The project has achieved something that is entirely at odds with…
Gazprom’s Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion. A report yesterday from Alex Mercouris at The Duran noted some frustration from China over the irregular liquefied natural gas (LNG) supplies coming from its…
Europe’s energy geopolitics and the security of EU energy supplies is getting very dicey as in contentious. The latest developments revolve around who will be the major suppliers of natural gas to the EU markets going forward. The major actors in the growing fight for market in what is one of the world’s largest natural…
