Gazprom: Hungry For Hungary?
May 8th, 2009
Via The Asia Times, a fascinating look at indications that Russian energy giant Gazprom may be preparing to take over a large part of the Hungarian domestic gas distribution network via a highly opaque deal which could threaten Hungary’s energy security. As the article notes: “…On April 28, Emfesz KFT, a major Hungarian gas distribution […]
Read more »Baku Looks East: Who Lost Azerbaijan?
April 13th, 2009
Via Energy Daily, an intriguing analysis of a recent agreement beween Russia and Azerbaijan that may be the harbinger of a dramatic shift in Baku’s Western-leaning policy. As the article notes: “…On March 27, officials from Gazprom and the State Oil Co. of Azerbaijan Republic signed a memorandum of understanding providing that discussions between the […]
Read more »Gazprom Gains Control and ENI Exhales With Relief
April 10th, 2009
Via Stratfor (subscription required), analysis of Gazprom’s $4.2 billion acquisition of the 20 percent stake in Gazprom Neft held by Italian energy giant ENI. As the article notes, the original purchase by ENI was never intended to result in a permanent stake in Gazprom Neft, but rather to help Gazprom fight off a challenge from […]
Read more »More Pipe Dreams? Russian & Turkey Thoughts On Blue Stream 2
April 6th, 2009
Via Energy Daily, an interesting article on the continued impact that January’s natural gas dispute between Russia and Ukraine has had throughout European energy markets: Europe, alarmed by the vulnerability of its supplies, is sounding out new possibilities for transmission of natural gas, including the proposed Nabucco pipeline. Russia, in its turn, is seeking bypass […]
Read more »Gazprom: Into Africa (Again)…
April 4th, 2009
Via Energy Daily, a detailed report on Russia’s renewed interest in Nigeria’s oil patch. As the article notes: “…Russian energy firm Gazprom has signed an agreement with the New Nigeria Development Co. for exploration of three oil blocks in the country’s north, officials from both countries said.Though rights to the blocks in the Chad Basin […]
Read more »Deferring Nabucco Is Win-Lose for Gazprom
March 19th, 2009
As reported in The Moscow Times, the foreign ministers of 27 European Union countries could not agree on the 3.5 billion euro budget for energy projects during a recent meeting. This means, among other things, that the fate of the Nabucco project, which was supposed to be allocated 250 million euros, has been essentially put […]
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.