Putin’s Energy Trumps U.S. Sanctions as Rosneft Extends Reach

31 Comments on "Putin’s Energy Trumps U.S. Sanctions as Rosneft Extends Reach"

Makati1 on Sun, 25th May 2014 8:04 pm 



If this doesn’t tell Americans who is running their country nothing will.

“Exxon Mobil Corp. (XOM), the largest U.S. oil company, went ahead with a deal to deepen its ties with Rosneft yesterday, even after the Obama administration urged American CEOs to skip Putin’s annual economic showcase.”

Putin knows where the real power resides, and it is no longer in the West.

Davy, Hermann, MO on Sun, 25th May 2014 9:30 pm 



Come on Makster spare me the heroics of Putin. I imagine he is up to his armpits in alligators. He is proud as a cock rooster in public but so was Chavez and look where he ended up and look where his country is now. There are bills to pay Mak and big shows like the Olympics, Crimea, Ukraine, and war games will take their toll on Russian treasure. Look how he ran into the arms of China and drop trouser on a gas deal. Russia had been holding out on this deal for years and then all of a sudden when Russia is in a pinch they decide to give China a bargain for a political statement. Sound like Chavista economics to me. So Mak, chill out and be patient because Putin is in a world of hurt with all his exploits.

noobtube on Sun, 25th May 2014 9:34 pm 



B-B-But Americans are exceptional.

The rules that everyone has to live by don’t apply to Amerikkka.

They are destined by history.

This is the land of the free (except for slavery, genocide, Jim Crow, and the War on Drugs).

This is the land of Democracy (except it was always a Republic).

This is the land of free markets (except only if you are a politically-connected corporation).

This time it’s different, because it is America’s turn.

I wonder if the average American will only realize when the party is over when the sports, TV, and Hollywood shut down right before their eyes.

Americuns don’t seem very aware of anything that is going on in the world outside of their delusional little bubbles (and what they get from State-run media).

Boat on Sun, 25th May 2014 10:51 pm 



noobtube.

I am an American and I don’t believe one single point you made. Were all human, humans are corruptible and want what is in their own best interest and yes Americans are no different. We will lie and cheat to get ahead and gripe when others do also. Just like you do.

Boat on Sun, 25th May 2014 10:57 pm 



Asan interesting side note. The IRS spends 6 billion a year on tax enforcement. From that they collect 60 billion form (lets call them the oops I made a mistake crowd). Every year there are 450 billion in taxes not collected because the IRS doe’s not have enough resources to go after them cheats.
Of course congress and the news and doesn’t even cover that little tidbit.
Americans know the rich control the world. Like they do in every country since the beginning of time. Get a grip. Thats a lil American slang for ya.

noobtube on Mon, 26th May 2014 2:23 am 



I think Amerikkklans are just a little more guilty (massive understatement).

Why is it so hard for Amerikins to take responsibility for the evil they have visited against the world for the past 50 years (at least)?

As far as I know, did China engage in a transpacific slave trade?

Did Zimbabwe invade foreign lands (under the guise of free markets, democracy, and freedoms) and wipe out and subjugate the native populations?

Did the Brazilians drop an atomic bomb on a domestic population that had no military significance, and was mostly women and children?

The moral equivalency that Americuns try to hide behind reminds me of the Nazis… well, everyone does it? Why blame us. Well, because you did it, that’s why.

It’s that cowardly attitude that Amerikklans have that results in such atrocious, vicious, and brutal behavior by them. Well, everybody does it, so why not be the most extreme (when actually nobody has been as despicable as Americons have been on this planet).

Americuh, meet Rome.

Beery on Mon, 26th May 2014 4:40 am 



“He is proud as a cock rooster in public but so was Chavez and look where he ended up and look where his country is now.”

He died of natural causes and the country is being run by his constitutionally elected successor.

Not sure what your point is here.

Beery on Mon, 26th May 2014 4:42 am 



“This is the land of Democracy (except it was always a Republic).”

The two are not mutually exclusive.

Beery on Mon, 26th May 2014 4:48 am 



Noobtube, are you really so naive that you believe that powerful people in powerful nations never abuse it unless they’re American? I mean, really?

In your philosophy, I suppose the British Empire was spotless, as was the Belgian Empire in Africa, the Dutch Empire in the East Indies, etc., etc., etc.

When nations acquire great power, they often become defined by the types of abuses that occur under their mantle. This is not an American phenomenon, but a HUMAN one.

Davy, Hermann, MO on Mon, 26th May 2014 6:48 am 



OK, Beer you caught me with Chavez death being natural but not on the state of Venezuela. Russia and Venezuela have the similarity of being Petro states that rely on oil for their life blood. Russia is pushing its abilities and will increasingly dip into the oil revenue to finance and subsidize nonproductive activity. As this policy gains momentum it feeds on it’s wealth producing resource all the while it is investing less on oil infrastructure that is deteriorating. Russia already had a huge mature oil complex very much in need of investment before Putin policy of a greater Russia. Now that he is engaged in this expansion of Russian military and empire pursuits he will increasingly drain his coffers at the expense of the oil industry. Chavez did the same for his Bolivarian state. He also engaged in buying friends around the region. These activities come at a price. Russia in particular cannot afford an economic downturn where oil prices fall. The rest of the Russian economy is small and non-diversified. Much of the economy is in disrepair and in need of investment. The oligarchs have been looting the economy instead of reinvesting in it. Capital flight is huge. If Putin pushed a global trade civil war this will come back to bite him in the ass. Both Chavez and Putin have similarities in running a petro state improperly as opposed to Norway for example.

noobtube on Mon, 26th May 2014 9:34 am 



What I find interesting, is when there is something that Americuh can brag about (moon landing, being a superpower, 1st/free world, highest standard of living, reserve currency, suburban lifestyle, Hollywood, etc.), they don’t say… well, any human would have done it.

No. Instead, they scream about how they are exceptional, and Amerikans are better than everyone else, giving them the right to murder, invade, steal, and destroy other peoples, their resources, and their lands.

But, when it comes time to take responsibility for all the death, disease, destruction, and devastation that Americons have caused on this planet, suddenly they want to run and hide behind the “well, it’s a human problem” excuse and ignore the “AmeriKKKans are exceptional” excuse.

I agree that other nations are and have been as despicable. But, it all seems to come from one part of the world.

Africans aren’t like that.
East Asians aren’t like that.
Those in Brazil, Colombia, Venezuela, aren’t like that.
In fact, no one is like that except these greedy, grasping, self-important, brutal, vicious breeds that feel the need to go into other people’s lands (where they were not invited and not wanted) and dominate and destroy.

It is these breeds that are tearing the world apart and making it hard for any human to survive. These are the competitors, not the cooperators and they have taken over the world and seek to destroy it.

That is not a human problem. That is a problem of these degenerate breeds that have infected the Earth.

Davy, Hermann, MO on Mon, 26th May 2014 9:46 am 



Noob, when you punch the keyboard you demonstrate your ignorance. The more you punch the keyboard the worse you sound. Your message is repetitious and blasé. It is easy to spew criticism but another story to deliver thought provoking ideas. I have never read anything from you that inspires or indulges the imagination like several do here on this board. You are basically an unwanted wart that appears from time to time.

diemos on Mon, 26th May 2014 9:51 am 



The powerless are always moral … because you need power to be anything else.

GregT on Mon, 26th May 2014 10:13 am 



noobtube,

Americans happen to be from all ‘breeds’, East Asians, Europeans, Brazilians, Colombians, Venezualans, Africans, and yes noob, whatever ‘breed’ you are from.

Maybe you should be more specific as to which ‘breed’ that your hatred is really being directed towards, rather than discriminating so broadly. It might help clear up any confusion that others may have.

rockman on Mon, 26th May 2014 11:06 am 



D – “The powerless are always moral”. I would have to disagree from my personal experience. All 5 of my siblings were fairly powerless and without exception were rather immoral. LOL. But it’s the truth. I’ve rubbed shoulders with many powerful folks as well as many on the bottom of the pyramid in the last four decades and I’ve found morality to not be a function of power or wealth. My owner is very powerful and very wealthy (I’m talk world class…not just by Texas standards)and one of the most moral folks I’ve run across. I handle drilling operations for him and his standing order has never changed: if the choice comes down to spending more money or risking the safety of the hands…spend the money.

Maybe the “noble poor man” is a reality in your world. In mine it’s just a myth.

bobinget on Mon, 26th May 2014 11:14 am 



An investor note:
Russian oil company Rosneft and the world’s largest offshore driller, Norway’s Seadrill subsidiary North Atlantic Drilling (NADL) on Saturday signed a cooperation agreement. As part of these proposed opportunities, NADL will enter the onshore drilling market in Russia and enter into contracts for multiple offshore assets.

In addition Rosneft will be acquiring a “significant equity” stake in NADL. However, no financial details were disclosed. Seadrill owns 70 percent of NADL.

“Rosneft’s capitalization growth is first of all connected to the shelf”, Rosneft boss Igor Sechin said at the St. Petersburg International Economic Forum, where the agreement was signed. He called the company’s joint project with American ExxonMobil on drilling in the Barents Sea “the main event of the year,” Kommersant writes. According to Sechin, Rosneft’s production level will double by 2033, taking offshore projects into account – even though the company has virtually no technology for operations under such conditions, the paper writes.

NADL has already been contracted to drill the first two wells in the Kara Sea, as part of Rosneft and Exxon’s joint venture during 2014 and 2015.

As part of the agreement, a number of long term contracts for NADL’s near-term availability are expected to be signed as well as a commitment to future contracts and newbuild projects,” Seadrill said in a press release.

The agreement envisions initial employment of up to nine offshore rigs to Rosneft with a total commitment of 35 rig years. Closing of the transaction is expected during the second half of 2014.

Alf Ragnar Lovdal, Chief Executive Officer of NADL says in a comment, “We have sought to access the growth opportunity represented by the Russian market for several years, and we are very pleased to have reached an agreement with Rosneft for this landmark transaction. The Russian market is one of the most attractive opportunities in the world and offers tremendous growth potential for North Atlantic Drilling. By partnering best in class drilling with a supermajor who produces over 5m barrels per day, we, after closing of this transaction, will have created a powerful force in the Russian market and for Arctic regions on a global basis. We look forward to closing this important transaction and working with Rosneft for many years to come”

NYSE: SDRL

bobinget on Mon, 26th May 2014 11:27 am 



The evidence is in. The jury is still out.
All this business in Ukraine, but a smokescreen diverting world attention from Russian, Iranian sponsored atrocities in Syria, IMO.

Iraq, Iran, Russia, China, Venezuela, Equador, Syria,
Libya, will be the ‘World Oil Order’.

baptised on Mon, 26th May 2014 11:53 am 



I take diemos statement “The powerless are always moral” as commenting on noobtube statement “feel the need to go into other people’s lands…”. Their is no where on earth that can compare with the demonic treatment of others that some African’s comment. I was hoping that before USA collapsed we would have inter-married to be more one race. I am beginning to think we are out of time. And people grouping under their on race will accelerate the collapse and have us at a huge disadvantage to China & Russia. In the area I live in I can see Mexicans owning Nashville TN, blacks owning Atlanta Ga, and whites heading more for the mountains say around Knoxville TN.

rockman on Mon, 26th May 2014 12:53 pm 



Nice thoughts baptized but unfortunately some of the worse atrocities in Africa were committed by the same race against its own. Not too many years ago hundreds of thousands were slaughtered in just a couple of months because the belonged to the wrong tribe. Thousands were murdered in Sudan because they spoke the wrong language. Hundreds of thousands of civilians were killed in Iraq/Iran because they belonged to the wrong sect of the same religion. And though it was a good while back 600,000 white Americans were killed by other white Americans during the Civil War.

Racial prejudice can certainly be very destructive but it doesn’t have a monopoly on hatred.

noobtube on Mon, 26th May 2014 2:47 pm 



And, who pushed genocide into Africa?

Africans didn’t have any history of widespread/wide-scale violence until the degenerates from the North and West arrived with their chattel slavery, capitalism, false religions, and infinite growth.

The world as we see it is a world created by degenerate scum, not Africans, nor Arabs, nor Chinese, nor Indians, etc.

But, as always with Americlans, they want all the credit for anything they consider good, but are first to pass the buck (or run and hide, duck and cover) when it comes time to take the blame.

You can’t be a superpower unless you are the power responsible. If Africans have problems, it’s because the United States is a superpower.

But, AmeriKKKans want the power but not the responsibility.

Not going to work and it isn’t working and eventually America will die because the Earth can neither support its degenerate nature nor its waste.

The United States will become UN-TIED.

GregT on Mon, 26th May 2014 3:05 pm 



“Africans didn’t have any history of widespread/wide-scale violence until the degenerates from the North and West arrived with their chattel slavery, capitalism, false religions, and infinite growth.”

When the so called ‘degenerates’ first arrived in Africa, the USA didn’t even exist. Those people responsible have been dead and gone for a very long time.

So again noob, I ask you, who is it exactly that you have so much hatred for?

Northwest Resident on Mon, 26th May 2014 4:20 pm 



noobtube — You are wrong again. Africans engaged in constant inter-tribal warfare and slavery a long time before Europeans showed up — much less Americans, as GregT points out.

Just read some history, noobtube, get some real facts. Hate the Muslims or the Portuguese instead of America — they deserve it more than us. For example:

“Africans had been traded as slaves for centuries — reaching Europe via the Islamic-run, trans-Saharan, trade routes.

Slavery was also a traditional part of African society — various states and kingdoms in Africa operated one or more of the following: chattel slavery, debt bondage, forced labour, and serfdom.

Slaves for the Trans-Atlantic slave trade were initially sourced in Senegambia and the Windward Coast. Around 1650 the trade moved to west-central Africa (the Kingdom of the Kongo and neighboring Angola).

For two hundred years, 1440-1640, Portugal had a monopoly on the export of slaves from Africa. It is estimated that during the 4 1/2 centuries of the trans-Atlantic slave trade, Portugal was responsible for transporting over 4.5 million Africans (roughly 40% of the total).”

noobtube on Mon, 26th May 2014 5:42 pm 



I will grant the invaders from the North and their degenerate religions preyed on Africans.

Now, these claims of slavery don’t make any sense, because to have a system of chattel slavery, you need to have a standing army. What standing army imposed chattel slavery by Africans on other Africans? Oh, that’s right there was none that did that.

Ethiopia had no history of it.
Nor did Zimbabwe.
Nor did any area in Africa.

The only ones who did it were those who chose to follow the degenerate NON-AFRICAN belief systems (hmmm, sort of like today).

Once again, Africans have no history of chattel slavery. That whole concept came from the sexual deviants to the North (with their worship of pedophilia and homosexuality… see Plato, Rome, Ancient Greece).

There is no history of that in Africa.

I don’t know why Americans and other degenerates from the West, just can’t accept that Africa is just not like that.

It probably keeps them from seeing the truth of their deranged, depraved society that they keep screaming about being so superior yet at the same time celebrating genocide, slavery, mass murder, the massacres of the innocent, and deviant sexual behavior.

America and the West are a mess that the Earth cannot stand for much longer.

Davy, Hermann, MO on Mon, 26th May 2014 6:35 pm 



Noob, you should know Africans hunted other Africans down then sold them to slave traders. Why are you so ignorant of the truth?

rockman on Mon, 26th May 2014 6:46 pm 



You are being too tough on noob. He at the least should be given credit for readily acknowledge his racism. Many would try to hide it in such a discussion.

Northwest Resident on Mon, 26th May 2014 7:59 pm 



noobtube — Wrong again, always wrong. No standing armies in Africa? Tell me noobtube, in your demented world, is Egypt part of Africa or not?

Africans developed major standing militaries in pre-colonial times, all the way back to antiquity. How could you possibly be so ignorant, noobtube?

From Wikipedia — a detailed history of kingdoms and their armies and warfare in pre-colonial Africa (but it is all white man’s fault, right noobie?):

2.1 The fighting forces of Egypt and Nubia

2.2 Empire of the Northwest: Carthage

2.3 Sudanic fighting forces versus Persian, Roman and Islamic forces

2.3.1 Sudanic forces versus Persian armies

2.3.2 Nubian/Kushite forces versus Roman legions

2.3.3 Nubian/Kushite forces versus Arab forces

noobtube on Mon, 26th May 2014 9:33 pm 



It’s always amusing to me when the criminals, the deviants, and the degenerates play the victim… (namely the AmeriKKKans).

Can you say Cleveland Indians?
Washington Redskins?
Atlanta Braves?

Americuns are actually proud of their stupidity. Stupidity, ignorance, and hatred they spread all over the face of the globe.

And, regarding those African standing armies, notice they weren’t used to start a transoceanic slave trade. They were there to fight off the rampaging hordes to the north.

If only they hadn’t left their cold, dark, lands, the world would have been saved their evil acts.

But, now, it looks like it’s too late. These Americlowns are determined to destroy the world.

Juan Pueblo on Tue, 27th May 2014 10:42 am 



Putin keeps signing deals.
When we fought the First Cold War, the USSR collapsed first because of the low oil prices in the 80’s. The Second Cold War might end up the opposite way, the USA may lose because of high oil prices and limited availability. This is not a fight I’m looking forward to.
The long term outlook, of course, is bleak for all humanity.

baptised on Tue, 27th May 2014 2:14 pm 



See what I mean about racism. Forget logic. I think that is why every TV & radio station pumps out nationalism at least ever 10 minutes. The government is terrified when the SHTF people will resort to their race. Look at Detroit- Truck Driver.

Northwest Resident on Tue, 27th May 2014 2:23 pm 



noobtube — Thanks for the comedy act. Watching you get up on stage and rant and scream and cry and do your “blame American for everything” comedic routine is great entertainment — pathetic, sad that a human could end up becoming a twisted and demented pos such as you have become — but entertaining nonetheless. Keep doing your funky chicken routine for us noobtube, Americans love to watch a fool self-immolate on stage.

Davy, Hermann, MO on Tue, 27th May 2014 2:43 pm 



Noob is a coward because he spews forth filth but will not engage in meaningful debate on the validity of his statements. Noob, cowards are the most cruel of the human race.