Replies to post #1370 on The Rising Influence of Rising Affluence

[DewDiligence]

Kazakhstan “buys” 10% stake in Karachaganak field from CVX and other companies:

http://www.reuters.com/article/idAFLDE67C1PF20100813

I have quotation marks on the word buys because expropriates is probably a more apt description.

[DewDiligence]

CVX/XOM proceed with $37B Tengiz investment:

http://www.wsj.com/articles/chevron-exxon-commit-to-36-8-billion-expansion-project-in-tengiz-1467709203