Saudi Arabia Eyes $100B Bet on Shale Gas Revolution at Home
July 24th, 2024
Courtesy of Nikkei Asia, an article on Saudi Arabia’s plans to become the world’s third-largest shale gas producer: Saudi Arabia, the world’s largest crude oil exporter, plans to invest more than $100 billion to become the world’s third-largest shale gas producer after the U.S. and Russia as its economy braces for a decarbonized society. Crucial […]
Read more »Houthis and Yemeni Government Agree To End Economic Hostilities, Expand Yemenia Flights
July 23rd, 2024
Courtesy of Arab News, a report that Yemen’s internationally recognized government has reached an agreement with the Houthis, facilitated by Saudi Arabia, to lift economic sanctions and increase the number of Yemenia Airways flights from Houthi-held Sanaa: UN’s special envoy for Yemen, Hans Grundberg, welcomes deal and acknowledges ‘significant role’ of Saudi Arabia in achieving […]
Read more »Turkiye To Send Navy to Somalia After Agreeing Oil and Gas Search
July 23rd, 2024
Via Arab News, a report on the growing collaboration between Turkiye and Somalia: Turkiye has become a close ally of the Somali government in recent years. Ankara has built schools, hospitals and infrastructure and provided scholarships for Somalis to study in Turkiye Turkiye is set to send navy support to Somali waters after the two […]
Read more »Cote d’Ivoire Tilts Economy From Farming To Natural Resources
July 23rd, 2024
Via Terra Daily, an article on Cote d’Ivoire’s economic shift towards natural resources: The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country’s economy in a new direction as it explores its underground potential.Over the last three years, the West African country — traditionally […]
Read more »Dangote’s Standoff With Nigeria Intensifies, Risking Investments
July 23rd, 2024
Via Bloomberg, an article on Dangote’s standoff with Nigeria: Billionaire scraps plan to invest in a domestic steel plant Tycoon says his refinery produces the ‘best’ diesel in Nigeria Aliko Dangote, Africa’s richest man, says that diesel produced by his massive refinery is the best that’s sold in Nigeria, even as lawmakers consider a probe […]
Read more »Algeria Stands as Russia’s Gateway to Maghreb Region
July 23rd, 2024
Via Modern Diplomacy, a report on how Russian-Algerian bilateral trade turnover increased 2.2 times and at the end of 2023 reached $3.765 billion, according to an official report: Russian-Algerian bilateral trade turnover increased 2.2 times and at the end of 2023 reached $3.765 billion, according to an official report on the working visit of Chairman […]
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.