Angola’s Oil Future
July 2nd, 2008
From The Oil Drum, an excellent analysis of Angola’s oil future. As the article notes: “Angola is one of the few oil producing countries with a bright future ahead. Decades of war prevented the country from developing its energy resources properly, but is now becoming one of the largest world oil exporters in a period […]
Read more »Qatar To Invest $8bn in Libyan Companies
July 2nd, 2008
Via The Financial Times, news that Qatar will invest about $8bn in Libyan companies in the financial services, energy and real estate sectors. As the article notes: “…Libya, with a population of 5 million and the biggest oil reserves in Africa, is moving to modernise, but faces an uphill struggle in a command economy where […]
Read more »Russia Oil Companies Eye Gulf Of Mexico Exploration via Cuba
July 2nd, 2008
Via DowJones, a report that Russian energy companies OAO Gazprom (OGZPY) and OAO Lukoil Holdings (LUKOY) may revive Soviet-era ties to enter the oil-rich Gulf of the Mexico – through its Cuban backdoor. As the article notes: “…Gazprom and Lukoil “are interested by” Cuban hydrocarbons acreage, the country’s Basic Industry Minister Yadira Garcia told Dow […]
Read more »Foreign Firms Able To Own Iranian State Companies
June 30th, 2008
Via Stratfor (subscription required), news that Iran will begin to allow foreign firms to buy unlimited shares in Iranian state-run companies that are in the process of being sold off, with the potential for purchasing full ownership. According to the report: “…As part of liberalization efforts in the country, Iran will no longer distinguish between […]
Read more »Zimbabwe: Point of No or Full Return?
June 29th, 2008
Via Public Radio’s excellent Marketplace program, an interesting look at investment interest in Zimbabwe, a country whose economy has been in free fall since 2000 when Mugabe endorsed a violent land seizure program and where, today, four out of five adults are unemployed and the inflation rate tops 165,000 percent. As the interview notes: “…During […]
Read more »Lukoil, Cuba, and Venezuela
June 27th, 2008
As adroitly analyzed in Stratfor (subscription required), Russian oil firm LUKoil’s plans to purchase a refinery in Cuba are on hold because of the difficulty of investing in crude production in Venezuela. As the article notes: “…Russian oil firm LUKoil’s plans to expand into Cuba have been put on hold. LUKoil wanted to buy a […]
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.