Debt-Ridden Ghana Plans To Buy Oil With Gold Instead Of Dollars
November 25th, 2022
Via Business Insider, an article on Ghana’s recent decision to buy oil with gold instead of dollars, as foreign currency reserves dwindle to an alarming low: Ghana’s government is planning to use gold to pay for oil instead of shelling out US dollars. The move is expected to reduce the “persistent depreciation” of the cedi, the […]
Read more »The Reality of Vietnam’s Energy Transition
November 25th, 2022
Courtesy of The Diplomat, a look at Vietnam’s energy transition, a country which emerged as a regional leader in renewables, but some thorny challenges ahead: Earlier this fall, U.S. climate envoy John Kerry shone a spotlighton Vietnam, urging the Southeast Asian nation to “do what is sensible” and refocus its energy sector by investing in renewables and […]
Read more »China Is Investing Billions in Pakistan, But Its Workers There Are Under Attack
November 24th, 2022
Courtesy of the Wall Street Journal, an article on how Beijing’s Belt and Road investment strategy is meeting resistance in the developing work it seeks to influence: In April, a Pakistani mother of two blew herself up outside the gate of Karachi University’s Chinese language and culture institute, incinerating a minibus and killing three Chinese […]
Read more »Iran-Venezuela Relationship Expands Beyond Energy
November 24th, 2022
Via Press TV and the Iran Project, a report on the growing relationship between Iran and Venezuela: Iran is planning to ship another 2,000 cars to Venezuela, an Iranian trade official says, in a further sign of a burgeoning relationship that appears to be developing beyond energy. It comes after the first shipment of 1,000 […]
Read more »U.S. Poised to Grant Chevron License to Pump Oil in Venezuela
November 24th, 2022
Courtesy of the Wall Street Journal, an article on an impending U.S. decision to grant Chevron a license to pump oil in Venezuela: The U.S. is poised to grant a license to Chevron Corp. CVX -0.89% to pump oil in Venezuela, a policy shift that signals the easing of yearslong sanctions and could open the door for other oil companies to do business […]
Read more »Economic Rationale For China’s Pivot To Vietnam
November 24th, 2022
Via Asia Power Watch, a report on the economic rationale for China’s pivot to Vietnam: There has been a lot of media coverage around the recent escalation of high-level negotiations underway between China and Vietnam. Several agreements and MOU’s have been signed, with fifteen such documents having been concluded since June 2022. Vietnam has successfully promoted […]
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.