Myanmar: Open For Business (For Some)
July 20th, 2009
Via Terra Daily, a report that foreign investment soared in Myanmar in 2008, despite ongoing international sanctions. As the article notes: “…foreign investment n Myanmar increased more than fivefold to reach almost one billion dollars last year, as neighboring China pumped money into its mining sector, official statistics showed Friday. Total foreign investment in the […]
Read more »Iraq: Gas Station To The World?
July 19th, 2009
Via Tom’s Dispatch.com, Michael Klare’s interesting look at whether Iraq will simply become a new petro-state servicing the global economy: “…Iraq is, of course, one of the world’s great hydrocarbon preserves. According to oil giant BP, it harbors proven oil reserves of 115 billion barrels — more than any country except Saudi Arabia (with 264 […]
Read more »Pemex: Coming Up Dry?
July 17th, 2009
Via RigZone, more pessimistic news on Pemex. As the report notes: “…Mexican oil giant Petroleos Mexicanos is struggling to meet an ambitious $20 billion investment plan for this year after it nearly quadrupled capital expenditures over the past decade. Pemex, as the state-run company is known, needs to find new pools of oil to replace […]
Read more »Nabucco: Demand Without Supply (Yet)
July 15th, 2009
Via Stratfor (subscription required), fresh analysis of Nabucco in light of the recent transit agreement signed by Turkey, Bulgaria, Romania, Hungary and Austria. As the article notes, the pipeline project – which is one way Europe is attempting to diversify its energy needs away from Russia – still does not have the participation of potential […]
Read more »Nabucco: A Pipe Dream Closer To Reality?
July 13th, 2009
Via The New York Times, an update on Austria, Bulgaria, Hungary, Romania, and Turkey’s decision to sign a transit agreement on the Nabucco pipeline, which would stretch 2,000 miles from the Caspian Sea to Austria through Turkey. This project would reduce Europe’s dependence on Russian gas but, despite this latest agreement, the project’s completion remained […]
Read more »Bullish On Africa In The China Shop…
July 12th, 2009
Via Energy Daily, an update on China’s energy “shopping spree” in Africa. As the article notes: China’s oil companies, buoyed by the country’s foreign exchange reserves that now top $2 trillion for the first time, are on another buying spree in Africa, further challenging the century-long domination of the continent’s mineral wealth by Europe’s great […]
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.