‘Crumbling’: Libya’s Warring Factions Dig In For Fight Over Oil Profits
August 30th, 2024
Via Middle East Eye, a report on deteriorating conditions in Libya: Libya’s oil production and exports plunged Thursday as warring political factions appear to be digging in for a feud over control of the war-ravaged country’s central bank and the petrodollars it holds. The closure of oil fields and terminals across eastern Libya slashed the Opec […]
Read more »U.S. Taps Tanzania For Infrastructure Plan In Battle With China For Minerals
August 30th, 2024
Via The East African, an article on U.S. interest in Tanzania’s mineral sector: The US is roping Tanzania into the mooted Lobito Corridor project to tap the Kabanga nickel deposit, but with a wider focus on rivalry with China in areas where development will take place. The details emerged this week as Washington spoke of […]
Read more »Refining the Lobito Corridor: The Future of Cobalt in Sub-Saharan Africa
August 29th, 2024
Via Harvard International Review, a report on the Lobito Corridor and the future of cobalt production in sub-Saharan Africa: By 2040, clean-energy technologies will need 40 times more lithium, 25 times more graphite, and 20 times more nickel and cobalt than in 2020. These metals are essential to the batteries in smartphones and electric vehicles (EV) and […]
Read more »The Uruguayan Company Teaching People How To Turn Regular Cars Into EVs
August 29th, 2024
Courtesy of Rest of World, an article on Organización Autolibre, the Uruguayan company that is teaching individuals and companies across 14 countries to retrofit vehicles: Turning gas-fueled cars into electric ones can be four times cheaper than buying a new EV. Retrofitting, as the practice is known, is gaining traction in Latin America. Citing safety […]
Read more »Can’t We Just Pay the Democratic Republic of Congo To Keep Its Oil In The Ground?
August 29th, 2024
Courtesy of Impact Alpha, commentary on the potential use of debt-for-nature swaps in the Global South: The biggest failure of nature conservation and restoration efforts “are the unrewarded provision of public goods and services,” the U.N. Environment Programme declared in a report last year. Case in point: the Democratic Republic of the Congo’s decision to […]
Read more »Somalia Nears Major Oil Exploration Milestone Following Strategic Agreement with Turkey
August 29th, 2024
Via Radio Dalsan, a report on Somalia’s hydrocarbon progress: The federal government of Somalia has unveiled that it is nearing the final stage of exploration and potential oil drilling, a significant development anticipated to reshape the nation’s economic landscape. This pivotal announcement, made by the Minister of Petroleum and Minerals, Dr. Abdirsaaq Omar Mohamed, signals […]
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.