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 »An Iranian Exploration Deal With Italy
January 11th, 2008
Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration. According to […]
Read more »Challenges & Opportunities Facing Emerging Markets in the Middle East & North Africa
January 10th, 2008
In a recent article published by Knowledge@Wharton, Howard Pack (a professor of business and public policy at Wharton) and Marcus Noland (a senior fellow at the Peterson Institute for International Economics) examined how Arab countries are coping with globalization & exploiting the recent influx of hydrocarbon-based money into their economies. We found the following notes […]
Read more »BCG’s Global Challengers
January 10th, 2008
Boston Consulting Group (BCG) recently came out with their annual list of Global Challengers, i.e. 100 large and particularly successful companies that are based in rapidly developing economies and going global fast. I always find this interesting reading; companies from 14 nations are highlighted (including Argentina, Chile, Egypt, Hungary, Indonesia, Malaysia, Mexico, Poland, Thailand, Turkey […]
Read more »Pipe(dreams) and Plans: Condensed into a Pipette
January 9th, 2008
As always, a very interesting post by Steve LeVine focused primarily on the withdrawal of Thomas Pickering, the senior U.S. statesman who was to lead the high-level U.S. pipeline campaign on the Caspian. Mr. LeVine offers an intriguing alternative but, having detailed many posts on various pipeline initiatives in this blog, I thought that the […]
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.