Archive for April, 2023

What Russia’s First Gas Pipeline to China Reveals About a Planned Second One

Via the Carnegie Endowment for International Peace, a report on how Russia is now in a far worse negotiating position regarding a gas pipeline to China than in 2014, finding itself at the mercy of a monopsonist buyer: A key topic of discussion during the Chinese leader Xi Jinping’s recent visit to Moscow was the […]

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Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand

Courtesy of The Wall Street Journal, a report on how Halliburton and Honeywell are in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria: After years of underinvestment in North Africa’s energy infrastructure, global oil-and-gas giants from Halliburton Co. and Chevron Corp. to Eni SpA are […]

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Russia Returns To The Graveyard of Empires, Economically

Via the Asia Times, a look at Russia’s economic re-engagement with Afghanistan: Even as Russia struggles to achieve military and political success in Ukraine, its leaders have turned their attention to another regional objective: restarting business in the “graveyard of empires.” Six months ago, Moscow inked a deal with the Taliban to supply gasoline, oil […]

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Chad Nationalized all Assets and Rights of Esso Chad

Via Modern Diplomacy, a report on Chad’s recent decision to nationalize all assets and rights of Esso Chad: The President of the Transition of Chad, Mahamat Idriss Déby Itno, by decree N°0465/PT/PM/MHE/2023 of March 23, 2023, nationalized all the assets and all the rights of any kind arising from the Conventions, Exploration permits, Exploitation Authorizations […]

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The Tiny Kingdom Of Bhutan Secretly Held Millions Of Dollars In Cryptocurrency

Courtesy of Forbes, an interesting article on how the Himalayan kingdom has quietly been dumping millions of dollars into bitcoin and other cryptocurrencies: Among the world’s most isolated nations, Bhutan is known for its sweeping vistas, mountaintop monasteries and a Gross National Happiness Index that prioritizes wellbeing over economic growth. With an economy largely built […]

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The Next Superpower Battlefield Could Be Under the Sea in Africa

Via Foreign Policy, a look at how U.S. assistance in developing tech infrastructure could help achieve Washington’s strategic and diplomatic goals by countering Russia and China: Submarine fiber-optic cables traversing oceans and connecting the African continent have fast emerged as a geopolitical hotspot for the West. As of late, U.S. foreign policy has been captivated […]

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ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.