Gazprom: A “Political Insurance” Company
September 27th, 2008
From Robert Amsterdam’s insightful blog, a very interesting analysis of the latest announcement that Gazprom is forming a new $4.5 billion joint venture in the tumultuous Andean country with Total and Yacimientos Petroliferos Fiscales Bolivianos (YPFB), the state-held entity. As the article notes: “…what is extraordinary about this major energy deal is that Gazprom is […]
Read more »Sinopec’s Bid for Syrian Petroleum Assets
September 27th, 2008
Via The Financial Post, an interesting article on China Petrochemical Corporation’s (Sinopec) offer to pay $1.9 billion for Tanganyika Oil Co. to gain oil and natural gas operations in Syria. As the article notes: “…The bid for Tanganyika came one month after Sinopec Group lost to India’s Oil & Natural Gas Corp. in the tussle […]
Read more »China and Venezuela: Increased Energy Cooperation
September 27th, 2008
Energy Daily recently reported that China and Venezuela signed several energy agreements that will allow the South American country to export half a million barrels of oil a day to the Asian giant from 2009. As the article notes: “…Venezuela, the fifth exporter of crude oil in the world, currently only represents 4 percent of […]
Read more »KazMunaiGas and Shell Team Up For Kashagan Oil
September 22nd, 2008
According to Reuters, Kazakh state oil company KazMunaiGas will create a joint venture with Royal Dutch Shell to handle the production segment of the Kashagan oilfield. As noted in the article: “…Energy Minister Sauat Mynbayev said KazMunaiGas would take over production-related operations at Kashagan in five years and join its new operational structure, according to […]
Read more »Gazprom’s South American Deals
September 22nd, 2008
Via The Moscow Times, a report that Gazprom was among eight companies that signed deals to develop offshore gas fields with state-owned Petroleos de Venezuela. As the article notes: “…The deals included U.S.-based Chevron, Italy’s Eni, Portugal’s GALP Energia, Qatar Petroleum, Malaysia’s Petronas, Argentina’s Enarsa and Japanese companies Mitsui, Mitsubishi and Itochu, in a sign […]
Read more »Iran and Turkey: Increasing Maritime Cooperation
September 20th, 2008
Via Energy Daily, an interesting report on that Iran and Turkey have recently signed a memorandum of understanding on maritime cooperation. As the article notes, while this – at first glance – might seem a minor news item, it has – in fact – great potential commercial and military significance, as both countries not only […]
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.