Courtesy of The New York Times, an interesting report on the increasing popularity of frontier market investments and Nigeria in particular. As the article notes: “THREE years ago, when Joseph Rohm, manager of the T. Rowe Price Africa and Middle East fund, visited Lagos, the capital of Nigeria, he was chaperoned by guards carrying semiautomatic […]
Read more »Via Bloomberg, a report that Syria’s government has offered 74,000 square-kilometers of land, or 40 percent of the country, to international oil and gas companies for exploration. According to the article: “…In addition to new exploration on the land, the ministry is seeking the restoration of old wells where production ceased in the past several […]
Read more »Via Forbes, an interesting report on the petroleum-based relationship between India and North Korea. As the article notes: “…North Korea has found a new tap for its petrol thirst and at the same time a surprisingly significant trading partner–India. Bilateral trade between the two countries increased from an average of barely $100 million in the […]
Read more »