A(D)MD: Abu Dhabi Buys Stake in AMD
November 16th, 2007
Via the WSJ, another case of Abu Dhabi’s strategic-investment arm – Mubadala Development Co. – continuing to build its presence in high-tech sectors as part of the broader trend of Middle East nations – rich on the exploding cost of oil – making their mark in global finance. As the article notes: “…An investment arm […]
Read more »C it go — Chavez’s Petrocracy Scales Back Profits at Citgo
November 16th, 2007
A very interesting WSJ article on Citgo – which Venezuela bought two decades ago to market its hard-to-refine heavy oil – changing its focus to feed cash to President Chávez’s social programs in Venezuela.  As the article notes: “…while other U.S. refiners have invested heavily to take advantage of historically wide profit margins in the […]
Read more »Signs of the Middle East’s Financial Colonization of American Capital Markets?
November 15th, 2007
The Financial Times recently reported that Colony Capital, the US private equity group and one of the world’s largest property investors, is considering selling a stake to a Middle Eastern sovereign wealth fund. While Colony declined to comment on which Middle Eastern sovereign fund it was discussing a deal with, the report noted that: “…Mubadala, […]
Read more »Approaching Eurasia’s Tipping Point?
November 15th, 2007
As noted in a recent Stratfor report (subscription required), upcoming Azerbaijani and Turkmen talks about the legal status of the two countries’ maritime border in the Caspian Sea could well change the balance of power in Eurasia. As it writes: “…Russia has a number of tools at its disposal for affecting countries near it, but […]
Read more »$100 Oil: Creating a New World Order
November 10th, 2007
An interesting look by The New York Times at how the approach of triple-digit oil prices has redrawn the economic and political map of the world, causing oil-rich nations to enjoy historic gains and opportunities, while major importers — including China and India — confront rising economic and social costs. “…Managing this new order is […]
Read more »A Rio Find: Brazil Finds a New Hydrocarbon Deposit
November 8th, 2007
Via RIA Novosti, news that a massive oil and gas deposit has been discovered in Brazil, which could make it one of the world’s leading hydrocarbon producers. “…the new field, discovered on the southwestern coast of the country, could contain between 5 and 8 billion barrels of light oil. If results of the initial research […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.