Oiling the Silk Road…
November 8th, 2007
Kazakh national energy company KazMunaiGas announced that it – along with China National Petroleum Corporation – have agreed to build a natural gas pipeline linking Beijing to natural gas reserves in the Caspian Sea. The companies will use a 50-50 operator to construct and maintain the pipeline, which will be built in two phases in […]
Read more »China: Into Africa (continued)
October 13th, 2007
Via Energy Daily, news that China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad. Just a further example of China push into Africa’s oil & gas sector. Curious as to why other countries are not as aggressive on this continent. “A subsidiary of CNPC, […]
Read more »The Race for Turkmenistan’s Reserves
September 16th, 2007
While Kazakhstan gets most of the press, perhaps the most interesting country in Central Asia – from a strategic hydrocarbon reserve perspective – is Turkmenistan. As this article notes, Turkmenistan’s vast natural gas stores are spurring a scramble between Russia, China, the U.S. and Europe for access to its reserves. “…Executives from Chevron Corp., Royal […]
Read more »Venezuela and China Increase Ties
September 13th, 2007
Today’s Energy Daily reports that Venezuela and China are expanding their oil ties, with their respective state petroleum companies stating that they will spend more than $10 billion to develop the oil-rich Faja del Orinoco region. President Hugo Chavez also said earlier this week Venezuelan state-owned energy firm PDVSA would collaborate with China National Petroleum […]
Read more »China’s Second West-East Pipeline Project
August 29th, 2007
From RIA Novosti via Energy Daily, I noticed that The China National Petroleum Corporation (CNPC) will finance the construction of a pipeline across China, to supply Central Asian gas to the country’s south and east. “…The 7,000 km (4,349 mile) pipeline with design capacity of 30 billion cubic meters per year is expected to go […]
Read more »China, Chad, and a Pan-African Aggregation Grid?
August 12th, 2007
Noticed an interesting article in today’s International Herald Tribune, further emphasizing China’s interest in gaining access to Africa’s petroleum resources. While we have reviewed China’s engagement of several African markets in previous posts, this was the first article focused primarily on Chad. “….Despite advanced prospecting by French and other Western firms dating back to […]
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.