Imminent Decline in Turkmenistan Gas Due To Lack Of Investment
March 18th, 2009
Via Bloomberg, news that Turkmenistan may need at least $5 billion a year in the next decade to stem a decline in natural gas production and meet export commitments to China, Iran and Russia. According to the article: “….The Central Asian nation has to produce 90 billion cubic meters of gas a year to maintain […]
Read more »Venezuela and Russia Form JV To Explore For Oil
March 18th, 2009
Courtesy of The International Herald Tribune, a report detailing the plans for Venezuela and Russia to form a joint company to work together on oil projects. As the article notes: “…Venezuelan President Hugo Chavez called the formation of a Russian-Venezuelan energy company an important step. He said it will “open operations not only in Venezuela, […]
Read more »China Continues To Buy Into Africa’s Potential
March 18th, 2009
Via Terra Daily, a report that China is going to increase its investments in Africa. As the article notes: “…China will boost its state-run Africa investment fund by two billion dollars, so as to snap up opportunities left by Western investors leaving the continent, the Financial Times said Tuesday.Since its launch in 2006, the China-Africa […]
Read more »China and Iran: Partners in Yadavaran
March 16th, 2009
Via Radio Liberty, a report on a multibillion-dollar agreement recently concluded between China and Iran to develop the big Yadavaran oilfield in southern Iran. As the article notes: “…The Yadavaran oil field has crude oil reserves estimated at three billion barrels. That appears to be an irresistible statistic for China, whose oil-hungry economy is slated […]
Read more »Venezuela’s Oil: “At The Service of China”
March 16th, 2009
Via Bloomberg, a report that PetroChina Co. and Venezuela will build a refinery in Guangdong province that will rival the biggest Chinese oil-processing plant by capacity as the two nations reinforce their energy ties. As the article notes: “…PetroChina, the country’s largest oil company, will “further realize” the agreements with Venezuela on the 400,000 barrel-a-day […]
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.