At the end of 2006, Royal Dutch Shell was compelled to reduce its stake in the landmark Sakhalin-II venture in Russia's Far East from 55% to 27.5%, thus handing over control to Russian gas monopoly Gazprom .
oday's vote for Germany's next president is widely perceived as a vote of confidence for the government of Chancellor Angela Merkel, which has been subjected to chronic coalition infighting and falling approval ratings. Should the conservative government's candidate, Christian Wulff, state premier of Lower Saxony, fail to obtain the 623 votes […]
BMI View: A small Chinese company, Chzhunnen Oil Exploration, has generated much excitement in in Kyrgyzstan after making a small oil find. While this find has encouraged some to speculate about the country's hydrocarbons potential, BMI urges caution, given mixed results in the past, and the country's poor - though slowly improving - risk environme […]
BMI View: Chinese President Xi Jinping's summit with his Russian counterpart Vladimir Putin has produced remarkable results - not only has Russia agreed to double its crude oil supply to China, progress is finally being made in bringing the two countries closer towards a gas supply agreement. Also on the table during the summit is Chinese involvement in […]