US oil company executives are reportedly exploring preliminary business opportunities in Iran that could emerge if economic sanctions are relaxed as part of an agreement regarding the country’s nuclear energy activities. The companies represented by these individuals were not identified. “It is forecast that by the visit of [the] American delegation this week and in… Keep reading →
In a one-day trial before the Intermediate People’s Court in Hanjiang early this week, Jiang Jiemin, who once headed up China’s biggest oil company, admitted to corruption. And boy was he sorry. “I relaxed my self-restraint. I betrayed principles and gravely violated the party’s rules and state laws, causing losses for the country that cannot… Keep reading →
News that China and Iran will try to resurrect their oil and gas relationship mostly took back stage this week to the Royal Dutch Shell-BG Group mega-energy deal of the decade. As a plethora of analysts, commentators and both print and online pundits waxed eloquent over Shell’s proposed $70 billion buyout of the British gas… Keep reading →
