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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Gemlaoshi who wrote (90946)	6/3/2012 8:22:50 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218083

;0) Would not term self worried, or even concerned, but just amused - That there are folks believing war amongst any two out of the 5 big powers would not result in ... Well, I best stop. It is even more amazing that outside of the 5, Australia thinks itself a player in the next war beyond the first 30 minutes and three cities. They are an optimistic lot of running dog lackeys of imperialist pig dogs. I am guessing that the pla plan for Australia involve simply taking it out of the game and let the Indonesians have what remains. In the mean time wastrel lets-sell-all-the-gold Britain is on sale thisismoney.co.uk China set to take on BP's energy deal with RussiaBy Tom Mcghie PUBLISHED: 20:09 GMT, 2 June 2012 \| UPDATED: 10:29 GMT, 3 June 2012 Energy-hungry China is poised to bid for a huge chunk of Britain’s interests in oil and nuclear power. It is understood that China’s two biggest oil companies, Sinopec and Cnooc, are considering buying BP’s £14billion half-stake in the BP/TNK joint energy venture in Russia. BP said it was selling after receiving ‘unsolicited indications of interest’ in its stake. BP chief executive Bob Dudley has decided to sell the highly profitable business, which still contributes about 20 per cent of BP’s profits, because of the problems caused by doing business with the Russian oligarch partners in the joint venture. Uneasy partnership: BP wants to sell its stake in the joint oil and nuclear power venture with Russian firm TNK after problems with oligarchs Four years ago, when Dudley was in charge of the business, he was forced into hiding after being hounded by the Russian authorities. A successful sale would give BP the financial muscle to pay down its debts, give a special dividend to shareholders and invest more in Africa and Brazil. At the same time, China’s biggest nuclear company, The State Nuclear Power Technology Corporation, is to bid for a stake in Horizon Nuclear Power, which is planning to build two nuclear plants for £11billion. The company confirmed in a statement to the People’s Daily newspaper in China that it was looking overseas for growth. There have been rumours for some time that China wants to buy into the UK nuclear industry, and this is the first official confirmation. Guo Hongbo, chief information officer for the Corporation, said: ‘We are bidding to buy into Horizon.’ It is believed that the Corporation wants to partner America’s Westinghouse to build nuclear plants at Wylfa in Anglesey and Oldbury, Gloucestershire. Horizon, valued at about £300million, is owned by German energy giants RWE and Eon. The State Nuclear Power Technology Corporation is not the only Chinese nuclear operator interested in Horizon, which is worth about £300million and owns the land where the new plants will be built. The Guangdong Nuclear Power Company is also believed to be interested. To prevent an outcry if the deal goes to China, it is expected that the project will be managed by Exelon, America’s biggest nuclear operator, which has about 20 per cent of its home market and runs ten US power plants.