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Petroleum Oil Exploration Plan in Sudan
A key rebel leader in Sudan’s troubled Darfur region has singled out oil companies as military targets, particularly from China, posing a threat to the Asian nation’s crude imports and adding to the mounting challenges it faces over its involvement in Africa.
In a face-to-face interview with Dow Jones Newswires, Abdelwahid Nur, head of one of [...]
Capricorn Energy New Success Story?
Scottish oil junior Cairn Energy [LSE:CNE], holding vast producing oil acreage in South-East Asia (India, Bangladesh, Pakistan and Nepal), has again made headlines lately. Based on its statements that it plans to return $944 million to shareholders after floating its Indian business, investors have renewed their interest.
Cairn has decided to split up its former company [...]
Idaho retirement fund reconsiders Sudan-related investments
Idaho’s public pension fund managers have reversed course and now say they will consider shifting $41 million of investments in companies with ties to Sudan after pressure from a group that says the money is going to finance genocide.
The decision comes after a state Senate committee earlier declined to force the Public Employees Retirement System [...]
Uzbekistan harbors energy development plans
Russia is moving aggressively to help Uzbekistan fulfill ambitious energy development plans. Since the start of 2007, one Russian state-run energy entity has signed a new production sharing agreement with an Uzbek concern, and other Kremlin-controlled firms have moved forward on an array of separate deals.
The Uzbek state-owned oil and gas monopoly Uzbekneftegaz announced the [...]
UZBEKISTAN HARBORS ENERGY DEVELOPMENT PLANS; RUSSIA READY TO HELP
Russia is moving aggressively to help Uzbekistan fulfill ambitious energy development plans. Since the start of 2007, one Russian state-run energy entity has signed a new production sharing agreement with an Uzbek concern, and other Kremlin-controlled firms have moved forward on an array of separate deals.
