Iran: Go East Young Man
January 20th, 2008
As noted several weeks ago, Iran’s Pars Oil & Gas struck a $16 billion deal with SKS Ventures, a subsidiary of Malaysia’s Al-Bukhari Foundation, to develop the Golshan and Ferdowsi gas fields in southern Iran. This agreement was in line with the national policy to attract investments in oil and gas sector from non-Western, especially […]
Read more »South Stream Pipeline: On Stream
January 20th, 2008
As reported by AFP, Russian President Vladimir Putin clinched a key pipeline deal with Bulgaria on Friday that strengthens Moscow’s grip on European gas markets. As the article notes: “…Bulgaria and Russia agreed to build the so-called South Stream pipeline project, which will cross the Black Sea into Bulgaria and then split in two arms, […]
Read more »Ecuador Invests in its Oil Industry, but Following the Chavez Model?
January 20th, 2008
As detailed by Xinhua Financial News, Ecuador – South America’s fifth-largest oil producer with an average of 510,000 barrels of crude a day – will invest U.S. $2 billion in its oil industry this year in a bid to increase production by 11 percent. Some $1.7 billion will be used to increase production at state […]
Read more »Cuba’s Oil-Rich Waters
January 20th, 2008
As reported by Energy Daily, Brazil has signed a deal that would give Brazil’s Petrobras access to Cuban potentially oil-rich waters, where it hopes to begin drilling in the next two years. As the article notes: “…While Petrobras and Cuba already have a longstanding relationship, [the] agreement marked the first time the Brazilian company would […]
Read more »Emerg(ing / ed) Markets?
January 16th, 2008
While past performance can never be considered as a strong indicator of future returns (in investment term), Time’s Curious Capitalist offered an interesting look back at the world’s ten best-performing stock indices (in dollar terms) since the beginning of the decade: Ukraine PFTS Index Russia RTS Index Peru Lima General Index Slovak Share Index Kuwait […]
Read more »Turkmenistan’s Pipeline Politics: Turkey, Iran, and Others Shiver Together
January 15th, 2008
There have been stories this past week or so about the severe winter and gas shortages in Iran, and their resulting cut in supplies to Turkey. The Iranian domestic shortage was supposed to be made up from Turkmenistan. Unfortunately the shortfall from Iran to Turkey was supposed to be made up by increased supplies from […]
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.