Russia’s hydrocarbon geopolitics

Russia is moving towards building new geopolitical muscle based on its huge oil and gas riches: this week Moscow conceded that its policy, notably in the Middle East, has been strongly connected with energy considerations.

Venezuelan news roundup

Venezuelan state-run oil company considers buying Shell’s Argentinian assets, while off-loading refining operations in the US. Meanwhile President Chávez is building alliances with China and Iran.