DP World: A Port for Every Investment Storm?
October 13th, 2007
While this has been somewhat on-again, off-again over past months, the New York Times recently reported that DP World, the Dubai government port owner with holdings from Britain to China, plans to raise as much as $3.5 billion in the Middle East’s second-biggest initial share offering. While I am as yet undecided about the long-term […]
Read more »Strategic Energy Transportation Corridor: Russia, Kazakhstan, and Turkmenistan
October 13th, 2007
Interesting analysis by John C.K. Daly about some possible projects that would see Russia gain the upper hand in the race to exploit the Caspian’s vast energy reserves, lead to the end of cheap Eurasian natural gas, and dramatically undermine the impact of American sanctions on Iran. “…Kazakh President Nursultan Nazarbayev provided more details about […]
Read more »China: Into Africa (continued)
October 13th, 2007
Via Energy Daily, news that China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad. Just a further example of China push into Africa’s oil & gas sector. Curious as to why other countries are not as aggressive on this continent. “A subsidiary of CNPC, […]
Read more »The Race for Turkmenistan’s Reserves
September 16th, 2007
While Kazakhstan gets most of the press, perhaps the most interesting country in Central Asia – from a strategic hydrocarbon reserve perspective – is Turkmenistan. As this article notes, Turkmenistan’s vast natural gas stores are spurring a scramble between Russia, China, the U.S. and Europe for access to its reserves. “…Executives from Chevron Corp., Royal […]
Read more »Gazprom, Russia’s International Energy Leverage, and a Predetermined Gas War
September 14th, 2007
An excellent overview of Gazprom via The Independent, focusing primarily on Russia’s use of Gazprom as a means of projecting political power throughout the region. While the piece, by Anne Penketh, concludes that Gazprom – due to internal inefficiency and corruption – may ultimately end up being a paper tiger, she does point out that […]
Read more »The Nigerian Petroleum Co. – Nigeria’s Aramco?
September 14th, 2007
News from the Energy Daily that Nigeria will replace the Nigerian National Petroleum Co. with the Nigerian Petroleum Co., which analysts say will function more like a state-owned oil firm modeled after Saudi Arabia’s Aramco rather than a government agency. “….Nigeria’s energy minister, who only assumed his new post six weeks ago, said foreign oil […]
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.