Foreign Firms Able To Own Iranian State Companies
June 30th, 2008
Via Stratfor (subscription required), news that Iran will begin to allow foreign firms to buy unlimited shares in Iranian state-run companies that are in the process of being sold off, with the potential for purchasing full ownership. According to the report: “…As part of liberalization efforts in the country, Iran will no longer distinguish between […]
Read more »Zimbabwe: Point of No or Full Return?
June 29th, 2008
Via Public Radio’s excellent Marketplace program, an interesting look at investment interest in Zimbabwe, a country whose economy has been in free fall since 2000 when Mugabe endorsed a violent land seizure program and where, today, four out of five adults are unemployed and the inflation rate tops 165,000 percent. As the interview notes: “…During […]
Read more »Lukoil, Cuba, and Venezuela
June 27th, 2008
As adroitly analyzed in Stratfor (subscription required), Russian oil firm LUKoil’s plans to purchase a refinery in Cuba are on hold because of the difficulty of investing in crude production in Venezuela. As the article notes: “…Russian oil firm LUKoil’s plans to expand into Cuba have been put on hold. LUKoil wanted to buy a […]
Read more »Gazprom’s Vision
June 27th, 2008
As reported by The Financial Times, Gazprom recently set out a vaulting vision of its future status as the world’s most powerful energy company. As the article notes: “…Alexey Miller told the Financial Times that the world was undergoing “a great surge in oil and gas prices . . . which will end with prices at a radically new […]
Read more »Modern Day Silk Road
June 26th, 2008
As reported by New Eurasia.net, a new Silk Road seems to be in the offing. The article notes: “…[World Bank President] Bob Zoellick used his three-day trip to Kazakhstan to announce a $2.5 billion infrastructure project together with Prime Minister Massimov. A trade corridor linking China and Europe by road has long been in the […]
Read more »Russia’s Gas Market
June 26th, 2008
Via The Financial Times, an interesting look the future of the Russian gas market as the long-awaited natural gas price liberalization slowly begins to take hold in that country. As the article notes: “…With energy prices riding high you might expect investors would be lining up to invest in a fund that bets on Russia’s […]
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.