As we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock in long-term agreements, notably in the energy sector.
At a global level, the transit routes of future oil [...]
While many Western investors remain fixated on somehow acquiring a slice of Turkmenistan’s natural gas riches, despite a recent scandal over the country’s actual reserves, there is another country further east whose energy and mineralogical reserves have been overlooked – Uzbekistan.
While a number of factors are responsible for this oversight, including relative geographical isolation (Uzbekistan, [...]
Since the opening up in the mid-1990s, uranium exploration in Mongolia by international companies has not been subject to any clear national policy or close regulation.
In the last few years, however, the Government has sought to exercise more control over the whole mining sector and earlier this year it set up MonAtom to undertake [...]
The Asian Development Bank is extending $780 million to Pakistan for priority energy efficiency projects that will secure the country’s growing energy needs, whilst reducing reliance on fossil fuels.
The $1.18 billion Energy Efficiency Investment Program underpins Pakistan’s first-ever initiative to make both the pursuit of energy security and low-carbon growth a single strategic priority. The [...]
South Korea became the first Asian country to join the Asian Development Bank’s (ADB) Future Carbon Fund on Friday, with a $20 million commitment to acquire post 2012 carbon credits, according to a news release by the bank.
The partnership agreement, signed by Korean officials in Manila, comes just weeks ahead of [...]
Armenia is fully complying with an agreement to import natural gas from neighboring Iran, Energy Minister Armen Movsisian said on Thursday, denying claims to the contrary made by Iranian officials.
Rasul Salmani, a top executive from Iran’s national gas exporting company, was quoted by the ISNA news agency as saying late last week [...]
The president of Iraq’s Kurdish regional government (KRG) described to European lawmakers on November 10 the differences his government has with the Baghdad government, RFE/RL reports.
Masud Barzani spoke before the European Parliament’s Foreign Affairs Committee, noting disagreements his government has with Baghdad over the rights and profits from oil and gas reserves, much of which [...]
As much of the world applauded Turkey’s historic recent rapprochement with Armenia, Azerbaijan was left feeling out in the cold and abandoned by its closest ally.
Baku had argued strenuously that a deal to reestablish relations between Ankara & Yerevan should not be signed while Armenia continued to occupy Nagorno-Karabakh, and it threatened to [...]
One of the most talked about pieces of news in Kazakhstan’s oil & gas industry is that Caspian gas, in particular, from Azerbaijan may turn 180 degrees around & begin flowing east toward China, rather than west to Russia & Europe.
This unexpected idea originated in Kazakhstan. The president of the national oil and gas [...]
Heritage Oil Plc, an independent upstream exploration and production company, provides the market with information in relation to the Taq Taq oil field in the Kurdistan Region of Iraq (”Kurdistan”) and an update on the proposed acquisition of Genel Energy International Ltd (”Genel”). Further to its announcement on 5 October 2009, Heritage issues this announcement [...]