Resources Archive

On Jan. 15, the government of Kazakhstan ended months of uncertainty in world energy markets by announcing that KazMunaiGaz, the country’s national oil and gas company, would assume a lead role in developing the Kashagan oil field, one of the world’s largest. The decision marks the latest instance of a government strengthening control over its valuable national resources by pressuring foreign firms to revise production sharing agreements (PSAs) negotiated years earlier. A press release issued by KazMunaiGaz concerning the new memorandum of understanding stated that it “seals the consent of all commercial participants in the consortium to transfer a stake […]

More than a year ago, the Organization of Petroleum Exporting Countries (OPEC) officially welcomed its newest and 12th member, Angola. Such a move by the cartel is rare. The last time OPEC admitted a country into its ranks was 1975, the year Angola secured its independence from Portugal. What undoubtedly prompted the invitation was the southern African country’s oil reserves, standing at more than nine billion barrels: it is the fourth-largest total in Africa, trailing only Libya, Nigeria and Algeria. In fact, Angola is now the continent’s second-largest producer after Nigeria. It is also a major supplier to China, providing […]

France, Germany, and the United Kingdom may have new leaders who bring the promise overall of better trans-Atlantic relations, but when it comes to the politics of global trade, some things never change. This month, the European Union missed yet another deadline for correcting its illegal regulation of gene-spliced, or “genetically modified” (GM), crop varieties, following a World Trade Organization decision in November 2005 that some European countries were breaking international trade rules by prohibiting the import of GM foods and crops. Although the WTO bluntly scolded the EU for imposing a moratorium on gene-spliced crop approvals from 1998 to […]

PARIS — It was one of the most surprising and revealing images of the New Year in French politics: José Bové, the famously mustachioed “anti-globalization” activist and self-appointed scourge of genetically-modified crops, being greeted by France’s prim and proper Deputy Minister of Ecology Nathalie Kosciusko-Morizet . . . with a kiss. The highly publicized encounter took place with cameras rolling on Jan. 3 in front of the French Ministry of Ecology in Paris. Technically, Bové was supposed to be in prison, serving a four-month jail sentence as a consequence of his role in vandalizing a field of genetically-modified (GM) corn […]

In her first major comments on relations with Russia, Yulia Tymoshenko, Ukraine’s new Prime Minister, last month insisted that she had no intentions of worsening relations with Russia: “I will strive to establish a relationship of equal partnership,” she said. Although Ukraine held its most recent round of legislative elections on Sept. 30, 2007, it was only on Dec. 18, that the so-called “Orange bloc” parties aligned with President Viktor Yushchenko consolidated their narrow victory by securing the appointment of Tymoshenko, currently the country’s most influential and popular politician, as prime minister. Yushchenko had actually appointed Tymoshenko as prime minister […]

Imagery of weather and baseball dominated Japanese Prime Minister Yasuo Fukuda’s visit to China at the end of 2007. Greeting Fukuda in Beijing, Chinese Prime Minister Wen Jiabao observed that, “Although it is a chilly winter day, we can feel the warmth from friendly China-Japan relations here.” The Chinese had characterized Japanese Prime Minister Shinzo Abe’s October 2006 visit as “ice-breaking,” while terming Wen’s April 2007 trip to Japan as “ice-thawing.” The most publicized event of the summit occurred when Fukuda and Wen, dressed in baseball uniforms, tossed a ball back and forth in front of the cameras to symbolize […]