India: Russia’ing Its Search For More Oil
December 22nd, 2010
Via The Financial Times, an article on India’s Oil and Natural Gas Corporation’s quest for Russian oil assets, in particular its consideration of an equity tie-up with Sistema, Russia’s fastest growing oil company. As the report notes: “…ONGC has made no secret of its desire to acquire Russian oil assets to ease India’s dependence on […]
Read more »India and Iran: Strategic Energy Initiatives
December 8th, 2009
Courtesy of The Financial Express, a report on ONGC Videsh Ltd’s (OVL), the special-function arm of state-owned oil and gas producer ONGC, efforts in finding equity oil abroad especially in Iran. As the article notes: “Iran is strategically important for us, as in a world worried over the progressive depletion of hydrocarbon reserves it is […]
Read more »India’s ONGC Struggles To Keep Up
December 30th, 2008
Via The Wall Street Journal, interesting analysis of India’s Oil and Natural Gas Corporation’s (ONGC) struggles to keep up with India’s fast growing economy. As the article notes “…Oil and Natural Gas Corp. provides about a quarter of India’s oil and gas needs and its increased output is important to the nation’s growth. Yet ONGC’s […]
Read more »India & Russia: A Growing Petroleum Based Relationship
December 11th, 2008
Via Energy Daily, an interesting report on the growing linkages between India and Russia through petroleum. As the article notes: “…While India and China have booming economies, they share the similarity of both being energy-deficient and relying on imports. India is casting eyes across the Hindu Kush and is considering developing energy ties with its […]
Read more »Will India Be Imperial in Russia’s Far North?
August 29th, 2008
Via The Financial Times, an update on India’s bid for Imperial Oil’s Russian assets that we have discussed before. As the article notes:that “…only two events could delay the final curtain [to India’s Oil and Natural Gas Corp agreed bid]. One would be a decision by the Russian authorities to block state-controlled ONGC on antitrust […]
Read more »China and India: Face Off Over Siberian Oil
August 7th, 2008
As recently reported in The Wall Street Journal, China and India are facing off yet again in the race to secure energy resources to fuel their economic growth, this time in Russia’s Siberian oil fields. As the article notes: “…Sinopec, has joined the bidding for London-listed Imperial Energy Corp., which primarily produces oil in Russia, […]
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.