Archive for the ‘ONGC Videsh’ Category

Indian Firms Invest in Iranian Oil

India’s Economic Times recently reported that a consortium of public sector oil companies — ONGC Videsh (OVL), Indian Oil Corporation (IOC) and Oil India (OIL) —  has proposed to invest $3 billion to develop Farsi block in Iran where they have found 12.8 trillion cubic feet (tcf) of gas.  As the article notes: “…The block […]

Read more »


ABOUT
WILDCATS AND BLACK SHEEP
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.