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The Gas Agreement That Signaled WWIII

The Gas Agreement That Signaled WWIII

http://wallstreetdaily-1.wistia.com/medias/tllkvgod3f?embedType=seo&videoFoam=true&videoWidth=530 It’s official. Big things are happening on the oil front in the East. Now, usually at Oil & Energy Daily, a big oil deal is good… maybe because there are no (potentially terrifying) strings attached. You see, Russia and China have become blood brothers… okay, maybe not quite yet, but they’re getting awfully cozy...

Turkey Mine Disaster Indicates Poor Safety

Turkey Mine Disaster Indicates Poor Safety

http://wallstreetdaily-1.wistia.com/medias/bk5sso9q5c?embedType=seo&videoFoam=true&videoWidth=580 On Tuesday, a mine exploded in western Turkey, in the town of Soma, racking up a death toll of well over 200. Outbursts from mourning loved ones occasionally broke the silence on Wednesday morning. Still, one by one, officials carry the injured out of the mine… And yet, hundreds more may still be trapped...

China’s New Mission in Africa

China’s New Mission in Africa

http://wallstreetdaily-1.wistia.com/medias/8llt399p2y?embedType=seo&videoFoam=true&videoWidth=580 Li Keqiang, China’s Premier (along with his wife), made an official visit to Africa recently. A surprising face, Chen Hong, a professor of English at the Capital University of Economics and Business, made a guest appearance, as well. This trip wasn’t business as usual, however. Typically, such occasions are driven by lucrative business contracts...

Pro-Russia Separatists Stir the Pot in Ukraine

Pro-Russia Separatists Stir the Pot in Ukraine

As if eastern Ukraine weren’t already in a storm of confusion and discord, pro-Russia separatists decided to up the ante. The radicals seized the regional government’s headquarters and the prosecutor’s office. Less than 30 kilometers from the Russian border, you’ll find a small city named Luhansk – which is exactly where the group targeted provincial...

Why California is Playing With Fire

Why California is Playing With Fire

You’ve heard it all before, “Don’t play with fire, or you’ll get burned.” Well, scientists in California are doing the exact opposite, all in an attempt to learn more about wildfires. In a lab test, Professor Marko Princevac, of UC Riverside, is overseeing a brushfire that he and his team created. But before you go...

Night of the Walking Oil Rig

Night of the Walking Oil Rig

It’s a beautiful thing when technology meets the oil industry. Because this translates into higher efficiency and, ultimately, more profit. Pennsylvania-based, drilling equipment manufacturer, Schramm Inc., cracked the code by giving its oil rigs a new pair of legs, setting it miles ahead of the competition. So let’s take a look at how this new...

Rise of the Princelings

Rise of the Princelings

Foreign investment in China remains limited, at best. In many ways, it’s a state-controlled economy, with the gateways of investment in the hands of government officials. This makes it especially difficult for outsiders to invest in areas such as finance, or our personal favorite at Oil & Energy Daily – the energy sector. Enter the...

Don't Expect Miracles From China's Regulators

Don’t Expect Miracles From China’s Regulators

The ever-trusting bull investors have replaced Aladdin’s genie with China’s regulators. But frankly, they don’t have the magic to avert every crisis in this emerging market. Reuters‘ Jon Gordon gets the skinny from Breakingviews‘ Peter Thal Larsen on what investors should beware of… The Almighty Regulators Jon Gordon says: “As reform fever takes hold in China, somehow it’s almost...

Russia’s Favorite Weapon

Russia’s Favorite Weapon

Mikhail Kalashnikov, creator of the AK-47, would undoubtedly be proud of the weapon that Russia is using right now against Ukraine. While it’s not the famed assault rifle he created in 1946, it does have a comparable amount of persuasive power given the right situation. The weapon, of course, is Russia’s natural gas – and...

Germany Suffers As Ukraine Crisis Grows

Germany Suffers As Ukraine Crisis Grows

As the world watches the events that unfold in Russia and the Ukraine, it could be argued that no one is more directly affected than Europe from an energy standpoint. Depending on Russia for most of their energy needs, Europe has been hesitant at best to head up the sanction charge behind President Obama. Now,...