Archive for the ‘China National Offshore Oil Corporation’ Category

China’s CNOOC To Explore Tanzania’s Offshore Oil and Gas Fields

Via Tanzania’s The Citizen, a report on Tanzania’s efforts to boost the development of its natural gas resources: Chinese state-owned offshore oil and gas company CNOOC, is planning to start offshore exploration with Tanzania Petroleum Development Corporation (TPDC) Energy Minister January Makamba told Bloomberg on Thursday. Tanzania is looking to boost the development of its […]

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Uganda, Other African Nations Push for Fossil-Fuel Projects

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 […]

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Guyana Sells $750M of Carbon Credit to US Oil Firm Hess

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 […]

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Uganda Confirms Mega Pipeline Project Despite European Criticism

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 […]

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CNOOC Starts Drilling In Brazilian Waters

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 […]

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Massive Investments in Guyana’s Oil and Gas Industry

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 […]

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.