From the perspective of the US energy business, the European debt crisis can feel very far away.
The impacts of ongoing sovereign debt debates are felt first in markets for government bonds and currencies; one can only guess what the extent will be of ramifications on government commitments to clean energy or business activity levels in developed and emerging economies. Keep reading →
Citic, CLSA, CNOOC, Nexen, Sinopec and Talisman: China’s Multi-Billion Dollar Week in the Energy Markets
By Peter GardettThe bureaucrats in Beijing and the businessmen in Shanghai have been busy in recent weeks, negotiating a series of headline deals that sync into broader themes of Chinese access to global energy and commodities markets.
Bankers at Wall Street and City of London banks have spent much of the past week telling financial reporters that the impending sale of the remaining 80% of the Asian arm of French bank Credit Agricole represented an old finance industry meme: an out-of-towner overpaying for access to the premier league of global banking. Keep reading →