Turkmenistan Signals Major Change In Energy-Export Stance
August 19th, 2023
Via Eurasianet, a report on Ashgabat’s shifting position which opens the way for expansion of natural gas supplies to Europe: A big shift is brewing for Caspian Basin energy exports. In a diplomatic about-face, Turkmenistan has signaled its readiness to develop a Trans-Caspian pipeline that potentially could increase natural gas deliveries to the European Union. […]
Read more »Niger Tensions Threaten Chinese Pipeline and Dam Projects
August 11th, 2023
Courtesy of Nikkei Asia, a report on how current turmoil in Niger has impacted Chinese investment projects: Rising tensions in Niger are casting a shadow over Chinese interests there, following reports that the construction of a dam has been suspended, adding to worries that a PetroChina-backed export pipeline set to be completed at the end […]
Read more »Saudi Arabia To Ramp Up Oil Investments In China As It Competes With Russia
August 7th, 2023
Via Middle East Eye, an article on Saudi Arabia’s plan to ramp up oil investments in China as it competes with Russia: Saudi Arabia’s state-owned oil company, Aramco, will plough ahead with new investments in China, despite posting a 38 percent drop in profit as lower oil prices and production cuts bite. Aramco announced on Monday […]
Read more »TotalEnergies Plots Drilling Giant Prospect Off Papua New Guinea Coast
July 27th, 2023
Via Upstream Online, a report on TotalEnergies’ plans to explore a potentially giant prospect offshore Papua New Guinea: French supermajor TotalEnergies is planning in 2024 to eventually drill a high-impact potentially giant prospect offshore Papua New Guinea, the spudding of which has already been derailed for some four years — not least because of the […]
Read more »Saudi Aramco Acquires $3.4B Stake in a China Petrochemical Firm
July 21st, 2023
Via Al Monitor, a report that the world’s biggest oil exporter is making further inroads in China, Saudi Arabia’s top customer for crude: Saudi Aramco has acquired a 10% stake in China’s Rongsheng Petrochemical Co. Ltd. for 24.6 billion renminbi ($3.4 billion), through its subsidiary Aramco Overseas Company BV, based in the Netherlands, the world’s biggest […]
Read more »In Iraq and Algeria, TotalEnergies Signs Major Deals
July 10th, 2023
Via Al Monitor, an article on new deals between Iraq and TotalEnergies that aim to help Iraq fix its longstanding power issues: French energy giant TotalEnergies has signed major deals with Algeria and Iraq in the past two days. Iraq’s Ministry of Oil and TotalEnergies signed a long-delayed $27 billion deal aimed at developing Iraq’s energy sector. […]
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.