Iran Discovers Two New Oil Fields
January 5th, 2012
Via the Fars New Service, a report that the National Iranian Oil Company (NIOC) has discovered two new oil fields. As the article notes: “We will release the detailed information of these two new oil fields by the end of the current (Iranian) year (ending March 20),” Mohaddes told reporters in Tehran on Wednesday. He […]
Read more »EGShares Emerging Markets Consumer ETF
January 1st, 2012
An interesting new ETF out that is built around the philosophy that emerging market consumers do most of their business with familiar local or regional brands, and tend to have less affinity for developed world brands. ECON is designed to provide organic exposure to these consumers; almost all of the revenues of the underlying companies […]
Read more »Ethiopia’s Partnership With China
January 1st, 2012
Courtesy of The Guardian, a report on China’s engagement with Ethiopia: In late November, Habros Seguar, an Ethiopian industry ministry official, told me how the ministry had just landed a major Chinese investment. During his August trip to China, Prime Minister Meles Zenawi had visited the Pearl River Delta, where higher costs are driving manufacturers […]
Read more »China and Oil-backed Loans in Angola
January 1st, 2012
Via China In Africa, an interesting look at China’s oil-backed loans in Angola: The story of China in Angola has been told so often, and almost always those telling the story neglect the larger context of how Chinese banks fit into a pre-existing system whereby Angolans financed so much of their government spending for so […]
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.