Big Oil Beaten In Kazakhstan
January 15th, 2008
Two interesting articles (among many) on the conclusion of months of protracted negotiations that have landed Kazakhstan with double its previous stake in the lucrative Kashagan oil fields, at the expense of the world’s leading oil companies. In a piece entitled “Big Oil Beaten in Kazakhstan”, Forbes notes: “…KazMunaiGaz, Kazakhstan’s state-owned energy company, is paying […]
Read more »A Thirsty Dragon Strikes in Turkmenistan
January 14th, 2008
Via Energy Daily, reports that one relatively obscure Western oil company – Ireland’s Dragon Oil – managed to beat out mega-competitors such as ExxonMobil, Chevron, BP and Royal Dutch Shell to develop Turkmenistan’s nascent Caspian oilfields, the result of years of careful planning during a time when oil traded for below $20 a barrel, and […]
Read more »Big Goals for Iran’s First Private Oil Producer
January 14th, 2008
Via Shana, news that Arvandan Oil and Gas Co. was busy setting up the first private oil producing company in Iran. What struck me most about the report was the rather audacious production goals this new venture is reported to have set, namely to “…produce seven percent of the world’s oil, to be the world’s […]
Read more »Africa: A to Z(TE)
January 12th, 2008
Via Stratfor (subscription required), an interesting look at the plans for Chinese telecommunications equipment company ZTE and Libya’s telecom regulator to build the first-ever WiMAX wireless commercial data network in Africa. While the project is intriguing in and of itself, of more note is the fact that this an early example of the coming wave […]
Read more »Tupi: Transforming Petrobras and Brazil
January 12th, 2008
As a recent International Herald Tribune article details, while some of the world’s largest oil producers such as Mexico and Iran are struggling to remain exporters, Brazil is moving in the opposite direction. The enormous Tupi underwater oil field discovered late last year (and blogged about here upon the announcement of such) has the potential […]
Read more »Off The Map In Africa – Balancing Political Risk With Geological Risk
January 11th, 2008
Going to take a break from discussions of supermajors and the New Seven Sisters for one post to highlight an interesting article from Canada’s Globe and Mail introducing a small Toronto Stock Exchange-listed company, Addax Petroleum — Canada’s fifth-largest offshore oil producer (it has no domestic Canadian production), the biggest independent producer in Nigeria and […]
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.