Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Besoeker 2012-04-17 11:04||
2012-04-17 11:04||
Front PageTop
#9 It's a Spanish company, right?
Posted by Thing From Snowy Mountain 2012-04-17 12:01||
2012-04-17 12:01||
Front PageTop
#10 Ah, now I understand. A Spanish company owned a majority stake in it.
Posted by Thing From Snowy Mountain 2012-04-17 12:02||
2012-04-17 12:02||
Front PageTop
#11 This is why the Kirchners want the Falklands (and perhaps also the Maldives) -- it's the oil, silly, and they want to do what Hugo did in Venezuela, which is to use the national oil company as a personal open-draw bank account. To do that you actually need to have oil, which the Falklands have.
Posted by Steve White 2012-04-17 12:06||
2012-04-17 12:06||
Front PageTop
#12 And Spain has vowed to retaliate harshly. I would imagine they might strike a joint venture in the new oil field recently discovered around the Falkland Island.
Posted by crosspatch 2012-04-17 16:28||
2012-04-17 16:28||
Front PageTop
#13 It'd be interesting, should they nationalize it, to see a real-life "Wyatt's Torch", ala Atlas Shrugged.
Posted by JonC 2012-04-17 21:08||
2012-04-17 21:08||
Front PageTop
#14 China's Oilfinder General Sinopec confirmed it was in serious talk to buy Repsol's stake in YPF for $15B.
So China will have 49% of a company that has big interests in Brazil, the Gulf of Mexico and Nigeria. Not to mention just across the ways in the Falklands or as Obama might say, the Maldives.
Interesting.
Posted by tipper 2012-04-17 21:18||
2012-04-17 21:18||
Front PageTop
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
