Chevron Invests $2bn In Venezuelan Oil
July 19th, 2012
Courtesy of The Financial Times, a report on Chevron’s recent decision to invest $2bn in Venezuelan oil: While many inhabitants of Venezuela’s north-western state of Zulia are screaming blue murder about the onset of petrol rationing, US oil major Chevron has quietly just agreed to invest $2bn to ramp up production in the region. Chevron’s […]
Read more »Deal of the Century: Will Chinese Investment Save Congo?
July 18th, 2012
Courtesy of the Foreign Policy Association, an interesting article on China’s investment in the Congo: Twenty-four trillion dollars. It is a number that beggars the imagination, almost 40% of the global economy, and it is buried in one of the world’s poorest and most violent countries: the Democratic Republic of Congo. Failed state, rape capital […]
Read more »The World’s Fastest Growing Economy: Mongolia
July 18th, 2012
Via The Atlantic, a look at Mongolia … part of a new class of countries that, like the Middle Eastern states that got rich selling oil to the West, have hitched their economies to resource-hungry China: A tourist stands at Sükhbaatar Square, in the Mongolian capital of Ulan Bator. (Wikimedia). If you can make your […]
Read more »YPF: Investment Up, Dividends Down, Operational Plans TBA
July 18th, 2012
Via The Financial Times, a report on the latest YPF shareholders’ meeting: Tuesday’s meeting of YPF shareholders in Buenos Aires was most notable for its interminable length – more than six hours – and for decisions to ramp up investment and drastically cut the company’s dividend payout. But investors will have to wait a bit […]
Read more »Energy’s Era Of Abundance: Winners And Losers In The Age Of Plenty
July 17th, 2012
Courtesy of Foreign Policy’s Oil and Glory, a look at winners and losers in the new age of energy abundance: We are suffering whiplash: For nearly four decades, OPEC — the cartel formally known as the Organization of Petroleum Exporting Countries — has been a major economic and geopolitical force in our collective lives, driving […]
Read more »Reviving Mexico’s Economy
July 17th, 2012
Via Foreign Policy, an interesting article on Mexico’s economy and how it could be revived: Mexico’s tepid economic performance in the last decade has been a major disappointment — and is one reason why the PRI, the less-than-democratic political party that was ousted in 2000 after 71 years of rule, has just returned to power […]
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.