China Seals One of the Biggest LNG Deals Ever With Qatar
November 22nd, 2022
Via Bloomberg, an article on a recent LNG agreement between China and Qatar: China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled […]
Read more »Saudi Aramco Leads Riyadh’s $30bn Investment Push Into South Korea
November 18th, 2022
Courtesy of The Financial Times, a report on deals announced by Saudi Arabia as Crown Prince Mohammed bin Salman visited Seoul recently: Saudi Aramco has announced a $7bn investment in a petrochemical factory in South Korea, as part of a $30bn package of agreements between Riyadh and Seoul as Crown Prince Mohammed bin Salman forges […]
Read more »Two-Cent Venezuela Bonds Lure Traders Hunting Lottery-Like Score
October 27th, 2022
Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market. Yet, for traders willing to take on […]
Read more »Indonesia Plans to List Unit of Flagship Oil Group Pertamina This Year
October 10th, 2022
Courtesy of The Financial Times, an article on Indonesia’s plans to list a unit of its flagship oil group Pertamina this year: Indonesia plans to list a unit of its government-run oil group Pertamina this year, stepping up a partial privatisation push as part of reforms to its $606bn state-owned enterprise sector. The initial public offering […]
Read more »Iran: Regional Energy Hub
October 6th, 2022
Via Mehr news, an article on Iran’s ambitions to become a regional energy hub with Russia’s support: Iran’s oil minister said on Thursday that oil and gas swap between Iran and Russia would turn Iran the hub of energy in the region. Javad Owji, who accompanied Iran’s First Vice-President Mohammad Mokhber in Moscow to attend […]
Read more »Venezuela Seizes Stake in Oil Venture From Firm With Russia Ties
October 1st, 2022
Via Bloomberg, a report that Venezuela’s state oil company seized a minority stake in a key joint oil venture with Russia ties: Venezuela’s state oil company seized a minority stake in a key joint oil venture from GPB Global Resources, a private energy firm founded by former Gazprom PJSC officials, taking full control of the asset. Petroleos […]
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.