Claudia Cattaneo of the Financial Post has a great column on the Petro-Canada and Gazprom fiasco:

Marrying Gazprom like Russian roulette Claudia Cattaneo, Financial Post The best deal Petro-Canada will make this year is one it didn’t do — a partnership with Russian gas giant Gazprom. After four years of courtship, openly encouraged at first by politicians from both Canada (when the Liberals were in power) and Russia, Gazprom abandoned Petro-Canada at the altar last week. In an e-mailed statement from CEO Alexei Miller, Russia’s flagship enterprise said it had cancelled plans to build a liquefied natural gas plant near St. Petersburg so it could concentrate on its Shtokman arctic gas field and its Nord Stream pipeline to Germany. Geez, what a surprise!