Venezuela Seeks Japanese Support for PDVSA
April 10th, 2009
Via Robert Amsterdam, an interesting look at Venezuela’s continuing efforts to reach out to global firms to help finance its oil sector. As the article notes, the most recent initiative involved Japan: “…Hugo Chavez and Japan’s Prime Minister Taro Aso today agreed to cooperate on oil and gas developments in the Latin American nation, according […]
Read more »Iran’s Mysteries
April 10th, 2009
Via Gregor.us, an interesting examination of Iran’s recent announcements of new oil discoveries. As the article notes: “…People are usually shocked to learn Iran imports 50% of its gasoline. This effectively destroys a good portion of their export earnings from oil. Obviously, therefore, it would make sense for Iran to expand its domestic refining capacity. […]
Read more »Mongolia: Another Saudi Arabia?
April 10th, 2009
According to Marc Faber, the publisher of the Gloom, Boom & Doom report, said Mongolia is “torn between two lovers – China and Russia,” and is a country with huge potential. As he notes: “The country is incredibly resource rich, another Saudi Arabia, next to the largest population in the world”
Read more »Kazakhstan’s ‘Multi-Vector’ Foreign Policy & Increased Economic Ties With Iran
April 10th, 2009
Via The Foreign Policy Association, a report that Iran and Kazakhstan are working towards improved economic ties. As the article notes: “…The Iranian and Kazakh presidents met Monday in the Kazakh capital of Astana and signed a series of mutually beneficial deals that will also pay dividends to other countries. President Nazarbayev said he supports […]
Read more »Gazprom Gains Control and ENI Exhales With Relief
April 10th, 2009
Via Stratfor (subscription required), analysis of Gazprom’s $4.2 billion acquisition of the 20 percent stake in Gazprom Neft held by Italian energy giant ENI. As the article notes, the original purchase by ENI was never intended to result in a permanent stake in Gazprom Neft, but rather to help Gazprom fight off a challenge from […]
Read more »East Siberian-Pacific Ocean Pipeline Reaches China
April 10th, 2009
Via Energy Daily, a report that Russia will finish an oil pipeline connecting Siberian oil fields to energy-hungry China in several weeks. As the article quotes Prime Minister Vladimir Putin: “As I have just been told by the management of Transneft, within just a few weeks the phase of reaching the Chinese border will be […]
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.