Brazil Turns To China For Petroleum Funds
May 18th, 2009
Via The Wall Street Journal, a report on the increasing frequency with which Brazil’s oil industry is turning to China for cash — the latest sign of how Beijing’s clout is growing amid the global economic downturn. As the article notes: “…Brazilian President Luiz Inácio Lula da Silva was set to arrive in Beijing Monday […]
Read more »Gazprom: Powering Down
May 16th, 2009
Courtesy of The New York Times, interesting analysis of the impact that shrinking energy markets (and long-term, higher cost contracts) are having upon Gazprom’s profits and influence. As the article notes: “…Throughout his eight years as president of Russia, Vladimir V. Putin pursued the strategic goal of dominating natural gas supplies to Europe and the […]
Read more »South Stream: Still a Mere Pipe Dream?
May 16th, 2009
Via Stratfor (subscription required), a detailed report on the recent agreement between Gazprom and Italy’s energy giant ENI on the development of the South Stream natural gas pipeline. Despite this step forward, there remain – as the article notes – significant political and logistical hurdles to be overcome: “…South Stream, originally proposed by Italy and […]
Read more »China State Oil Companies To Invest In Petrobras’ Brazilian Projects
May 14th, 2009
Courtesy of The Wall Street Journal, a report that Petróleo Brasileiro SA is prepared to have Chinese state-owned oil companies invest in its oil exploration and production projects in Brazil. As the article notes: “…The state-run Brazilian oil company is open to such a move as part of a package deal involving $10 billion in […]
Read more »Syria(ous) Efforts To Open Its Economy
May 14th, 2009
Via The Wall Street Journal (subscription required), interesting news that Syria is pushing ahead with steps to open up its economy to investment. As the article notes: “…Damascus is preparing to grant new private-banking licenses to foreign investors, while expanding the Damascus Securities Exchange, which made its debut in March, these officials said. It’s also […]
Read more »Iran: Preparation for Offshore Exploration In The Caspian
May 14th, 2009
Via Energy Daily, a report that Iran – in a historic move – is now preparing to tentatively start exploring in the Caspian Sea’s coastal waters as well. As the article notes: “…What is impressive about Iran’s intentions is the fact that its offshore equipment is indigenously produced, a result of 30 years of U.S.-led […]
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.