energy

Energy Roundup - May 16, 2008

By SRI ⋅ May 16, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

Power putsch

(Forbes) - After an armed seizure, years of criminal investigations and millions of dollars in suspicious fines, U.S. power company AES Corp. is retreating from Kazakhstan — the latest American victim of cronyism in poor, resource-rich nations.

KNOC acquires stake in Kazakhstan

(Oil and Gas Eurasia) - A South Korean consortium led by the state-owned Korea National Oil Corp. has signed a final contract to acquire a 27% stake in Kazakhstan’s offshore Zhambyl oil block for $85 million from a state-run company, KNOC said.

Arawak announces first quarter results (CNW Group)

Uranium One upbeat about Kazakhstan, but spends capex on Dominion woes (International Business News)

Related articles

• No Related Post