Why Did Chevron Covet Hess? Because of Guyana.
October 24th, 2023
Via HeatMap, commentary on Guyana’s role in Chevron’s recent acquisition of Hess: The much-predicted wave of oil consolidation is happening. The oil giant Chevron announced on Monday it was acquiring rival Hess in a deal worth $53 billion. This comes weeks after ExxonMobil announced a merger with Pioneer Natural Resources in a similarly sized deal. […]
Read more »Billionaire-Owned Africa Oil Driller Perenco Takes Coup in Its Stride
October 24th, 2023
Via Bloomberg, a report on African oil drilling company, Perenco: Perenco, an oil driller owned by the billionaire Perrodo family, has seen no disruption to its operations from coups across Africa and expects business to continue as usual. The military takeover of the former French colony of Gabon in August sent the shares of several […]
Read more »Djibouti Inaugurates 60 MW Red Sea Wind Project
October 24th, 2023
Via Energy, Capital, and Power, a report on Djibouti’s first-ever utility-scale wind energy project: For-profit investment management firm Climate Fund Managers inaugurated Djibouti’s first-ever utility-scale wind energy facility: the 60 MW Red Sea Power plant located near Lake Goubet. Representing the first Independent Power Producer-led and grid-integrated renewable energy facility in the country, the project […]
Read more »Afghanistan: Money Talks
October 22nd, 2023
Via AirMail, commentary on Afghanistan and the flow of international money to support the nation: At this year’s meeting of the General Assembly in the U.N.’s splendid Turtle Bay headquarters, there was a lot of hand-wringing over what’s going on in Afghanistan. The country was taken over two years ago by the revanchist Taliban, following […]
Read more »Green Energy in Africa Presents Significant Investment Opportunities
October 21st, 2023
Courtesy of McKinsey, a report on how green energy in Africa presents significant investment opportunities: Africa has the fastest-growing population in the world, and it is set to double by 2050 to reach more than two billion people.1 Meeting their needs with cost-efficient, sustainable energy sources will be vital to the continent’s socioeconomic development as well as […]
Read more »Saudi Arabia’s Ambition To Drive Energy Growth Across Africa
October 21st, 2023
Via WhyAfrica, commentary on Saudi Arabia’s ambition to drive energy growth across Africa: Saudi Arabia’s ambition to drive energy growth across Africa Saudi Arabia wants to build stronger relationships with African countries and has eyed the continent’s energy sector as a strategic opportunity to tap into. This became clear during a Saudi Arabia-Africa Energy Investment Forum […]
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.