Via Stratfor (subscription required), a report that Russia is on the cusp of acquiring BP’s stake in the Caspian Pipeline Consortium pipeline, which would give Moscow majority ownership of a vital energy asset. As the article notes: “…Vagit Alekperov, president of Russian oil firm LUKoil, is in Kazakhstan until May 1, meeting with officials from [...]
Read more »Via Fortune Magazine, an interesting article on Lukoil and its future prospects. As the article notes “…one thing is clear about Lukoil: It’s a company that mirrors Russia right now. Back in the summer it looked as though it was on top of the world. In less than 20 years after a clever young bureaucrat [...]
Read more »Via Stratfor (subscription required), an update on Lukoil’s dalliance’s with Repsol YPF. As we have discussed previously, LUKoil, Russia’s largest privately-owned oil firm, is considering forming a partnership with Spanish energy company Repsol YPF. As the article notes: “…Spain’s Repsol YPF, a privately owned energy company with major assets in Latin America, and LUKoil, Russia’s [...]
Read more »As analyzed by Stratfor (subscription required), the Russian threat of turning off lights or heat in Central and Eastern European capitals — especially in winter — is a powerful one. While Europe can succeed in its efforts to diversify its energy sources in the long term, Russia is sure to use its compelling energy lever [...]
Read more »Via DowJones, a report that Russian energy companies OAO Gazprom (OGZPY) and OAO Lukoil Holdings (LUKOY) may revive Soviet-era ties to enter the oil-rich Gulf of the Mexico – through its Cuban backdoor. As the article notes: “…Gazprom and Lukoil “are interested by” Cuban hydrocarbons acreage, the country’s Basic Industry Minister Yadira Garcia told Dow [...]
Read more »As adroitly analyzed in Stratfor (subscription required), Russian oil firm LUKoil’s plans to purchase a refinery in Cuba are on hold because of the difficulty of investing in crude production in Venezuela. As the article notes: “…Russian oil firm LUKoil’s plans to expand into Cuba have been put on hold. LUKoil wanted to buy a [...]
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