Battle for Sakhalin

Article Abstract:

The world's largest oil and gas companies are working off Sakhalin Island in Russia's Far East to develop a new energy province, but Russia is demanding a greater share of the profits and pressing the foreign companies to reconsider the terms of their involvement. Russia's action has prompted widespread condemnation in Japan, Europe and the United States and added to the growing concerns about Russia's reliability as an energy partner.

United States, Japan, Market share, International politics, International aspects, International relations, Natural resources, Company market share, Sakhalin

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Canute in the Kremlin

Article Abstract:

President Vladimir Putin's efforts to revive state control over the Russian economy are similar to King Canute's attempt. Canute conducted his exercise to demonstrate its fitility while Putin is not carrying out an experiment for the education of his courtiers. Putin can put the state back in charge but the cost to be paid for it seems to be worse than soaking.

Legal issues & crime, Government expenditures, Economic aspects, Company legal issue, Investigations, Economic policy, Putin, Vladimir

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Unfinished business

Article Abstract:

The Russia turned off energy gas supply to Ukraine which is criticized by Prime Minister Yanukovych and he disagreed with Russia's position. To achieve prosperity, the country needs stability and while the Orange Revolution released a lot of energy, the real work is to channel it into peaceful construction.

Market information - general, Ukraine, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Supply and demand, Gas industry

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