Uganda, Other African Nations Push for Fossil-Fuel Projects
February 25th, 2023
Courtesy of the Wall Street Journal, a report on Uganda’s and other African nations’ fossil fuel ambitions: A herd of elephants stomped through savannah grasslands to the throbbing sounds of bulldozers preparing oil wells that will soon start feeding a 900-mile pipeline from this wildlife and nature reserve. The $10 billion project has become a flashpoint […]
Read more »Guyana Sells $750M of Carbon Credit to US Oil Firm Hess
December 5th, 2022
Via Oil & Gas Daily, a report on the recent sale Guyana sells $750 mn of carbon credit to US oil firm Hess Guyana has sold $750 million worth of carbon credits to the US oil group Hess, which drills off the coast of the small South American country that is 89 percent virgin forest. President Irfaan […]
Read more »Uganda Confirms Mega Pipeline Project Despite European Criticism
September 20th, 2022
Via The Africa Report, an article on Uganda’s determination to proceed with an oil pipeline mega-project despite European criticism: Uganda’s President Yoweri Museveni announced on 16 September that the Lake Albert oil megaproject, planned with the French group TotalEnergies, would go ahead despite a European Parliament resolution criticising “human rights violations” against opponents. The project “will […]
Read more »CNOOC Starts Drilling In Brazilian Waters
May 16th, 2022
Via Week in China, an article on CNOOC’s drilling activity in Brazilian waters: Saudi Aramco is jostling with Apple once again for the title of the world’s most valuable company, helped by oil prices that have soared 60% since last year on higher demand and the spillover effect of the disruption in energy markets caused […]
Read more »Massive Investments in Guyana’s Oil and Gas Industry
April 11th, 2022
Via Merco Press, a report on massive investments in Guyana’s oil and gas industry by Exxon-Mobil Exxon Mobil is investing heavily off the coast of Guyana expecting future production of some 1,2 million barrels per day of oil and gas by 2027. According to the company the fourth oil project production off Guyana will receive […]
Read more »Investors Commit $10 billion for Controversial Uganda Oil Project
February 6th, 2022
Via Oil and Gas Daily, a report on a planned large investment in Uganda’s oil sector: Chinese and French oil giants finally sealed a $10-billion deal Tuesday to unlock Uganda’s energy resources and build a vast regional oil pipeline, a mega-project that has incensed environmental groups. The so-called Final Investment Decision should pave the way […]
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.