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Deal Signed for Myanmar Oil Exploration
Two little-known foreign companies have signed a deal for offshore oil and gas exploration with the state-owned Myanmar Oil and Gas Enterprise, state-run media reported Sunday.
A report in the New Light of Myanmar newspaper identified the companies as “Rimbunan Petrogas Ltd established in British Virgins Island and UNOG Pte Ltd formed in Singapore” and said [...]
Venezuela Strengthens Its Relationships in the Middle East
Venezuela has long cultivated ties with Middle Eastern governments, finding common ground in trying to keep oil prices high, but its recent engagement of Iran has become a defining element in its effort to build an alliance to curb American influence in developing countries.
In a visit late last month to Tehran by President Hugo Chávez [...]
