Russia’s Gazprom will buy a 20% stake in Total SA’s gas fields in Bolivia. Total will retain 60% ownership in the fields, while a unit of Argentina’s Techint Group holds 20”, announced Bolivia’s Energy minister Juan Jose Sosa.
Russia is back. President Vladimir Putin wants the world to acknowledge that Russia remains a global power. He is making his stand in Syria. The Soviet Union acquired the Tartus Naval Port in Syria in 1971 without any real purpose for it. With their ships welcomed in Algeria, Cuba or Vietnam, Tartus was too insignificant to be developed. After the collapse of the Soviet Union, Russia lacked the funds to spend on the base and no reason to invest in it.
Gazprom has Europe's natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant's offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU natural gas supplies.
Argentine nationalized oil company YPF moved forward in the signing of an agreement with Russian state oil company Gazprom to develop conventional and non-conventional gas in Argentina and the eventual supply of liquefied gas.
Arctic has lost more sea ice this year than at any time since satellite records began in 1979, Nasa says. Scientists involved in the calculations say it is part of a fundamental change. What is more, sea ice normally reaches its low point in September so it is thought likely that this year's melt will continue to grow.
The technical teams of Argentine nationalized hydrocarbon companies YPF and Russia’s Gazprom will begin to do joint work in the area, said Foreign Minister Héctor Timerman