New Major Gas Field Discovered in Southern Iran
October 13th, 2019
Via Tasnim News, a report on the discovery of a new major gas field in southern Iran: The deputy head of the National Iranian Oil Company (NIOC) announced that a massive gas field has been discovered south of the country. Speaking to reporters in Tehran on Sunday, Reza Dehqan said the huge gas field named […]
Read more »Warning Signs Over Libya’s Oil Production
September 27th, 2019
Courtesy of STRATFOR (subscription required), a report on Libya’s oil production: HIGHLIGHTS Any attempt by the National Oil Corporation to further restrict supplies of kerosene, diesel and jet fuel to eastern Libya risks upending the balance of Libya’s oil sector, which has maintained production of about 1 million barrels per day despite the outbreak of […]
Read more »Foreign Investment In Turkmenistan’s Petroleum Sector
August 26th, 2019
Via Eurasia.net, commentary on Turkmenistan: State newspaper Neutral Turkmenistan this week divulged some interesting and closely guarded information about the level of foreign investment into the nation’s energy sector. According to an article published on August 14, Malaysia’s state-owned Petronas has invested at least $11 billion. China’s CNPC has invested more than $8 billion in the past […]
Read more »Chinese CNPC-led Group Discovers New Oil Field in South Sudan
August 24th, 2019
Via S&P Global, a report on a new oil field find in South Sudan: A consortium led by China’s state-run CNPC has made a new oil discovery in South Sudan’s northeastern Upper Nile state with more than 300 million barrels of recoverable oil, the country’s oil minister Awow Daniel Chuang said Tuesday. An exploration well […]
Read more »The Collapse Of Venezuela And Its Oil Industry
June 12th, 2019
Via Forbes, an article on the destruction of PDVSA, Venezuela’s national oil company: How could Venezuela, the country with the largest oil resources in the planet — which received the largest commodity windfall in Latin America’s history and had the highest income per-capita in the region — end up with the worst economic depression, hyperinflation, […]
Read more »China, Russia May Vie For Turkmenistan’s Gas
May 13th, 2019
Via Radio Free Asia, an article on the potential tussle over Turkmenistan’s natural gas: After years of inaction, Russia has resumed natural gas imports from Turkmenistan, raising the prospect of competitive pressure for one of China’s main sources of supply. On April 15, monopoly Gazprom and the Turkmengaz state company confirmed the restart of flows […]
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.