Energy Blast – Aug 8, 2008
Source: http://www.robertamsterdam.com/2008/08/energy_blast_aug_8_2008.htmPosted on Friday, August 8th, 2008 | In Emerging Markets, Market Commentary, Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -
TNK-BP plans to relocate its head office in downtown Moscow to a business park on the outskirts of the city. Mechel, struggling to recover from criticism by Vladimir Putin, has announced that it will postpone its share offering indefinitely. Has the oil bubble finally burst? Analysts are forecasting that oil will see a weekly decline in the coming months, amid decreasing demand and the rising dollar. Radio Free Europe on the “post-Soviet petrostates”. Chinese firm Sinopec “may need the backing of a state-run Russian heavyweight such as Rosneft or Gazprom” if it wants its bid for Imperial Energy to succeed.
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Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
 About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions. |
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