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Iran’s potential to expand its natural gas exports has received a great deal of attention since Hassan Rouhani’s election in 2013. Rouhani’s presidency centered around adopting a foreign policy approach to actively promote a constructive engagement and dialogue with the West, as well as seriously pursuing diplomatic and prudent interactions with Iran’s immediate neighbors and beyond on an equal footing with a view toward advancing mutual accommodation, respect, and shared interests. This chapter’s central argument is that Iran’s ability to export natural gas to Europe depends largely upon maintaining stable and strong trade ties with Turkey. The cooperation between these two countries, despite competition and occasional frictions, could arguably foster a balance of power at middle-power level countries that will be necessary for an enduring stability in the region.

This book chapter examines the social and environmental costs resulting from natural gas exploitation in the Peruvian Amazon basin with a special focus on the case of the ‘Camisea Natural Gas Project Block 88’ in the Peruvian Amazon basin.

This research drew from a comprehensive source of secondary literature data on the Camisea Project Block 88, complemented by an ethnographic research approach based upon observation, conversation and semi-structure interviews with native community members of the indigenous communities of Shivancoreni and Shimmaa in Cusco-Peru.

The study’s findings illustrate that it is evident that the threats from hydrocarbon development endangers the habitat of indigenous communities and accelerate the destruction of the Peruvian Amazon basin. A business commitment towards a sustainable investment approach coupled with reinforcing and adopting appropriate laws and regulations concerning the environmental protection of the Amazon basin are required in order to preserve one of the most diverse and threatened biological place in the world – the Amazon.

The Amazon is the largest natural biodiversity reserve in South America. Yet, it has experienced habitat degradation and displacement of various indigenous tribes of Amazon. As a result, the legacy of indigenous knowledge and the sustenance of indigenous peoples’ habitat are at stake.

This study provides historical context for the hydrocarbon sector of Peru, particularly in the Peruvian Amazon basin. It also provides insights into the Peruvian hydrocarbon law and regulations and the implications, roles and responsibilities of multinational natural gas companies and their environmental impacts of their business operations in Peru.

The world's energy markets remain uncertain, with no accurate, optimistic forecasts. The authors of the research note that the energy crisis has a cumulative effect; its beginning has changed the rules of energy cooperation in the market. This contributed to increased demand, prices and competition. The European Union (EU) is a major market participant whose policies affect all energy connections. Russia is an energy core that offers its energy sources to balance the market. This is the economy; there is no talk of ‘political pressure.’ As a result, the authors conclude that the project ‘Nord Stream-2’ is not a political project but a purely commercial one, which will help reduce even spot prices in the European gas market because all other countries that extract gas cannot meet the growing energy needs of European countries.

Economic sanctions imposed by the EU and United States on Russia have brought significant changes into Russian foreign economic policy, in particular leading to deepening cooperation with Asian countries and China in particular. The present contribution aims to shed light on the influence of sanctions on Russian multinational enterprises (MNEs) internationalization toward China using the example of energy and information and communication technology (ICT) industries.

The chapter builds on case study analysis. The choice of sectors allows us to highlight the recent strategic trends in the internationalization of oil and gas industry, dominated by state-owned multinationals, and in ICT by privately owned companies.

Our results provide empirical data for understanding the influence of sanctions on MNEs from the country being under the sanctions. In the case of Russian oil and gas industry and ICTs, research indicates that the shift toward China was not initiated primarily by the sanctions. In both cases, expansion to Asian markets was correlated with business interests in the Chinese market. However, changes in geopolitical and macroeconomic business environment accelerated Russian MNE’s pivot to China, for the purposes of attracting capital and reaching new markets in context of deteriorating relations with western partners. The cases demonstrate a moderating role of the industry in the context of sanctions, helping compensate for the slowdown of economic relations with traditional partners.

The novelty of the chapter is to delineate the consequences of sanctions on MNEs from the country being under sanctions. In this way, it illustrates the role of geopolitical environment in intensifying internationalization of Russian MNEs toward China.