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AssessmentsSep 7, 2017 | 12:26 GMT
Russian President Vladimir Putin meets with Igor Sechin, the CEO of oil giant Rosneft, on May 17, 2017.
Russian Rivalries: A Tale of Two Energy Firms
Gazprom has long been the Kremlin's favored energy partner, holding a monopoly over Russia's piped natural gas exports. Gazprom's stranglehold on natural gas exports meant the Kremlin could use it as a tool in its relationships with former Soviet states, Europe and Turkey. But lower global natural gas prices, as well as a string of diversification projects in Europe, Eurasia and the Middle East, have curbed Gazprom's ability to influence affairs in those regions, which in turn has weakened its position with the Kremlin. In Gazprom's struggles, Rosneft has spied an opportunity. Now that its rival is weaker, the firm has started to aggressively grab new assets: In October 2016, Rosneft closed a deal to take over the country's sixth largest oil firm, Bashneft, even after Putin explicitly warned against the takeover with a rare public threat. Rosneft won out in the end, agreeing to let the Kremlin privatize a large
GraphicsDec 20, 2011 | 20:11 GMT
Stratfor's graphic of the day features a standout geopolitical map, chart, image or data visualization reflecting global and regional trends and events.
Unrest in Kazakhstan's Mangistau Region
The Kazakh Prosecutor General’s Office issued a statement Dec. 19 claiming that the situation in the western oil-rich Kazakh region of Mangistau was returning to normal after a robust police and military intervention quelled three days of sporadic violence and protests.
AssessmentsJun 18, 2009 | 11:09 GMT
special series recession revisited
The Recession in Kazakhstan
Kazakhstan's financial troubles will give Russia a chance to increase its influence in the Central Asian state.
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