Energy Offshoots: PDVSA
December 8th, 2024
Via Phenomenal World, an article on transformations in Petróleos de Venezuela and geopolitical realignments: Petróleos de Venezuela (PDVSA) has been integral to Nicolás Maduro’s government and the greater Chavista project. Despite the state-owned oil company controlling the largest crude oil reserves in the world, its production capabilities have fallen sharply since 2014: the country went […]
Read more »Russia Explores Plan to Merge Oil Giants Into Mega Producer
November 11th, 2024
Via the Wall Street Journal a look at Russia’s plans to merge its oil giants into a mega producer which would be the world’s second-biggest crude producer, after Saudi Arabia’s Aramco, pumping almost three times the output of Exxon Mobil: Moscow is working on a plan to merge its biggest oil companies into a single […]
Read more »Bolivia Stops Gas Sales To Argentina, Shifts Toward Brazil
October 6th, 2024
Via MercoPress, a report on Bolivia’s shift towards Brazil for gas sales: After terminating the supply to Argentina, Bolivia will up its gas pumping towards Brazil according to an agreement between YPFB and Petrobras. Buenos Aires announced it would no longer be needing Bolivian gas since Vaca Muerta, the second-largest reserve in the world and […]
Read more »Serbia Secures Winter Gas Supply and Expands Green Energy Cooperation with Azerbaijan
September 27th, 2024
Via CE Energy News, an article on Serbia’s growing energy cooperation with Azerbaijan: Serbia’s Minister of Mining and Energy, Dubravka ?edovi? Handanovi?, announced that the country will have secure access to about one million cubic metres of gas from Azerbaijan this winter, enhancing Serbia’s energy security. After a bilateral meeting with Azerbaijan’s Minister of Energy, Parviz Shahbazov, […]
Read more »As Shell and ExxonMobil Sell Onshore Assets, Are Africa’s Indigenous Producers Ready?
September 5th, 2024
Via The Africa Report, a look at whether – as Shell and ExxonMobil sell onshore assets – Africa’s indigenous producers are ready? As oil majors shift focus to deep offshore exploration in Africa, local producers face rising costs and complex challenges in a rapidly evolving industry landscape. A long-term shift by oil majors towards deep […]
Read more »Chinese Oil Operator Mulls Alternative Pipeline With South Sudan
September 5th, 2024
Via Bloomberg, a report on discussions between South Sudan and China National Petroleum Corporation about a new pipeline: Substitute pipeline could traverse Ethiopia and Djibouti South Sudanese leader met China National Petroleum’s chairman South Sudan and China National Petroleum Corp. are considering establishing a substitute crude pipeline as over-reliance on the existing conduit curtails exports. […]
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.