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18 HOURS AGO - Business Insider

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Exclusive: Russia's Rosneft Will Not Resume Drilling In Kara Sea In 2015 - Sources

By Denis Pinchuk and Katya GolubkovaMOSCOW (Reuters) - Russian state-controlled oil company Rosneft will not be able to resume drilling in the Kara Sea this year after Western sanctions halted its cooperation with ExxonMobil in a major setback for Moscow's energy ambitions, two company sources said.The delay will be a blow to Rosneft, which was spearheading President Vladimir Putin's goal ...

Tags: Exclusive: Russia's Rosneft Will Not Resume Drilling In Kara Sea In 2015 - Sources,  South China Sea Latest News

JAN 25, 2015 - Business Insider

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Two Companies Are Battling Over Oil In The South China Sea

Two Chinese oil companies show contrasting approaches in their attempts to operate in the South China Sea where, to the discomfort of its smaller neighbours, China's claims in disputed waters have grown increasingly assertive. One company's actions are adding to tensions in the area, while the other's may hint at a way to ease them. Last July Brightoil, a company listed ...

Tags: Two Companies Are Battling Over Oil In The South China Sea,  South China Sea Latest News

JAN 15, 2015 - Business Insider

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Russia Just Made A Bold Move To Keep Its Gas Leverage On Europe

On Wednesday Russia's announced that it will shift all its natural gas flows to Europe via Turkey, instead of Ukraine, reports Bloomberg News. "...the Turkish Stream us the only route along which 63 billion cubic metres of Russian gas can be supplied, which at present transit Ukraine. There is no other way," the head of Gazprom Alexei Miller said. The European Union's ...

Tags: Russia Just Made A Bold Move To Keep Its Gas Leverage On Europe,  South China Sea Latest News

JAN 13, 2015 - Zero Hedge

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At Last The ‘Experts’ Wake Up To Oil

Submitted by Raul Ilargi Meijer via The Automatic Earth blog, Boy, did the ‘experts’ and ‘analysts’ drop the ball on this one, or what’s the story. Only yesterday, Goldman’s highly paid analysts admitted they’ve been dead wrong from months, that their prediction that OPEC would cut production will not happen, and that therefore oil may go as low as $40. ...

Tags: At Last The ‘Experts’ Wake Up To Oil,  South China Sea Latest News

JAN 11, 2015 - Zero Hedge

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The Collective Delusion Of Grandeur Fades: Central Bank Inflationism Is Visibly On The Wane

Submitted by Sean Corrigan via True Sinews blog, Regular readers of these pages (whether here or in the author’s previous professional incarnations) will recognise that the analysis is informed by a core belief that while money should never be confused with wealth – and that therefore the latter cannot be conjured up by the central bank like a rabbit from ...

Tags: The Collective Delusion Of Grandeur Fades: Central Bank Inflationism Is Visibly On The Wane,  South China Sea Latest News