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 »Gazprom Interest In Turkmenistan
December 4th, 2018
Via The Times of Central Asia, a report on Gazprom’s interest in Turkmenistan: Alexey Miller, Board Chairman of Russian natural-gas giant Gazprom, confirmed the interest of the Russian company in cooperation with Turkmenistan and implementation of joint projects during the meeting with Turkmen President Gurbanguly Berdymuhamedov in Ashgabat on November 28, State News Agency of […]
Read more »Turkmenistan: Hitting The Gas On Finding New Friends
September 29th, 2018
Via Ozy, a look at how Turkmenistan is seeking new friends for its gas economy: The chill of winter is traditionally when Turkmenistan’s ties with China turn warmest. That’s when Beijing’s dependence on the Central Asian nation, its biggest supplier of natural gas, is at its peak. But when Turkmenistan’s struggling economy failed to supply the […]
Read more »Venezuela: Striking It Poor
August 2nd, 2018
Courtesy of Foreign Policy, a sobering look at the tragic — and totally avoidable — self-destruction of one of the world’s richest oil economies: In the spring of 1959, at a secretive meeting at a yacht club in Cairo, Venezuela’s then-minister of mines and hydrocarbons, Juan Pablo Pérez Alfonso, hatched a plan to give big […]
Read more »PDVSA Is Collapsing
May 5th, 2018
Via The Financial Tribune, an article on the dire condition of Venezuela’s PDVSA: The man who ran Venezuela’s state oil company PDVSA for a decade after 2004 says the country’s oil firm is on the cusp of total collapse and expects oil production to drop by 600,000 barrels per day each year amid lack of […]
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.