Sinopec’s $1.2bn deal With Lukoil: China Moves Deeper Into Central Asia
April 15th, 2014
Courtesy of the Financial Times, a report on Sinopec’s recent acquisition of Lukoil assets in Kazakhstan: Lukoil has agreed to sell its stake in several oil projects in Kazakhstan to Sinopec for $1.2bn, in the latest of a string of Chinese investments in the country’s energy sector. The Russian company – the country’s largest private-sector […]
Read more »Petroleo Brasileiro: A South American Sleeping Monster?
April 2nd, 2014
Via Guru Focus, an article on Petroleo Brasileiro: My advisor during college was the son of a retired Brazilian military official. Before turning to academics he was an advisor for the Brazilian Ministry of Foreign Relations. Surely the man lacked no patriotism for the country that educated him. However, he displayed a great deal of […]
Read more »Russia-China Gas Deal…Maybe Later
March 2nd, 2014
Courtesy of The Financial Times, a look at the possibility of a strategic gas deal between Gazprom and the China National Petroleum Corp (CNPC): As the global market for natural gas is transformed, Russia and its national champion Gazprom have found their long-term export strategy challenged. No longer able to rely on their core European […]
Read more »The Great Venezuelan Oil Bust
February 10th, 2014
Via the Globe and Mail, an interesting look at Venezuela’s petroleum industry: When Venezuelan oil minister Rafael Ramirez recently announced an ambitious new target of six million barrels per day by 2019, the state-run press heralded the imminent expansion of an industry vital to the country’s health. But people here heard the news and rolled […]
Read more »How China Took Control of Ecuador’s Oil
November 27th, 2013
Via Reuters, an interesting article on China’s control of Ecuador’s oil: China’s aggressive quest for foreign oil has reached a new milestone, according to records reviewed by Reuters: near monopoly control of crude exports from an OPEC nation, Ecuador. Last November, Marco Calvopiña, the general manager of Ecuador’s state oil company PetroEcuador, was dispatched to […]
Read more »China’s New Friends In Its Quest For Energy
September 24th, 2013
Courtesy of the New York Times, a look at China’s efforts to participate in petroleum projects around the world: On the northern reaches of the Caspian Sea, not far from this old Soviet town known for its oil and sturgeon, lies a vast new oil find, the biggest outside the Middle East. China was rebuffed […]
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.