Iran
June 26th, 2008
Via Arabian Business, an interesting look at Iran’s petroleum and shipping sectors. As the article notes: “…According to most independent analysis, Iran has proven oil reserves of around 136 billion barrels, with 40 production sites – 27 of which are onshore and 13 offshore. In 2006 Iran produced 3.8 million bbl/d of crude oil, equal […]
Read more »Gazprom, Libya, and Possibility of a Gas OPEC
May 7th, 2008
Via Robert Amsterdam, a very insightful look into recent activities by Gazprom, Libya, and possibility of a Gas OPEC. While some analysts have been skeptical about a possible gas cartel given the regional markets aspect of natural gas (which means that prices on the spot market could never be manipulated by production quotas as they […]
Read more »Iran and Gazprom
February 29th, 2008
From Al Alam, news that Iran and Gazprom have agreed upon the terms on developing “two or three” blocks of the South Pars field in the Persian Gulf, a deal that further highlights Moscow’s deepening trade and commercial ties with Tehran. In fact, as noted in the article, there may be more oil sector cooperation […]
Read more »Big Goals for Iran’s First Private Oil Producer
January 14th, 2008
Via Shana, news that Arvandan Oil and Gas Co. was busy setting up the first private oil producing company in Iran. What struck me most about the report was the rather audacious production goals this new venture is reported to have set, namely to “…produce seven percent of the world’s oil, to be the world’s […]
Read more »An Iranian Exploration Deal With Italy
January 11th, 2008
Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration. According to […]
Read more »Iran and Malaysia Cooperate To Develop Gas Fields
December 29th, 2007
Stratfor (subscription required) recently noted that Iran and Malaysia agreed to develop the Golshan and Ferdows natural gas fields in southern Iran. As the article indicates, the $16 billion contract is a follow up to a preliminary agreement reached in January of 2007 and also includes plans to build liquefied gas production plants. While Malaysia […]
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.