OPEC: Venezuela Is Now The World’s Top Oil Producer
August 29th, 2011
Via Celsias, a report that The Organization of Petroleum Exporting Countries, a notoriously conservative organization, has stated that Venezuela now has the world’s largest oil reserves, even exceeding those of OPEC’s top producer, Saudi Arabia. As the article notes: “…Oil production in Venezuela is under the control of the state-owned Petróleos de Venezuela, S.A. company, […]
Read more »At The Pump, Ready To Gas Up: China’s Oil Groups Ready For More Deals
August 29th, 2011
Courtesy of The Financial Times, an interesting look at how China’s oil groups are ready for more deals: Sinopec reported a 12 per cent rise in net profit, to Rmb41bn, in the first half of the year, beating analysts’ expectations Solid first-half profits at China’s state-owned oil companies have paved the way for further […]
Read more »North Korea, Russia Benefit from Potential Natural Gas, Railway Deals
August 23rd, 2011
Courtesy of STRATFOR (subscription required), an interesting report on North Korean leader Kim Jong Il’s visit with Russian leaders where they will likely discuss a railway project and a natural gas pipeline project, which, if implemented, would give Russia greater influence in the Korean Peninsula while allowing North Korea to wean itself off Chinese influence. […]
Read more »Brazil, the Un-China
August 23rd, 2011
Via Time, an interesting comparison of Brazil and China: When Brazilians contemplate the beauty of their country or the ability of their soccer team, they like to joke, “God is Brazilian.” It seems foreign investors have taken the joke seriously. No emerging nation has attracted portfolio flows the way Brazil has in recent years. Charts […]
Read more »Mexico, the Un-Brazil
August 23rd, 2011
Via The Foreign Policy Association, an interesting comparison of Mexico and Brazil: Mexico’s technocrats have been seething at comparisons with Brazil for years. Who could blame them? From 2004-2009 Brazil’s growth rate doubled that of Mexico’s, just one of many indicators (foreign direct investment, exports, poverty reduction) that spelled Mexico’s—long self-annointed as Latin America’s vocero—comeuppance. […]
Read more »Mongolia: Between A Rock And A Hard Place?
August 21st, 2011
Courtesy of STRATFOR (subscription required), an interesting article on Mongolia’s efforts to find a third party to balance its two powerful neighbors, China and Russia reliance. As the report notes: “U.S. Vice President Joe Biden will visit Mongolia on Aug. 21-23. Aside from this, a series of high-level meetings between officials from the two countries’ […]
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.