Cuba Oil Production: Between A Rock And A Hard Place
August 8th, 2012
Via the Financial Times, a short article on Cuba’s offshore oil ambitions: Cuba has found itself between a rock and a hard place in its quest to find oil in its territorial waters of the Gulf of Mexico. Several rocks and several hard places, in fact. After a discovery that failed to reach commercial proportions […]
Read more »China’s Pipe Dream Turns Into a Public Relations Nightmare
July 22nd, 2012
Via Energy Tribune, an article on China’s oil & gas pipeline project in Myanmar: China’s oil and gas pipeline in Myanmar is making progress and projected for completion by mid 2013. Yet all is not well for the Middle Kingdom with its long-time ally Myanmar. Despite spending billions on the pipeline and trying to appease […]
Read more »China And India Unite On Energy
July 10th, 2012
Via The Diplomat, analysis of the growing energy ties between China and India: On June 19, 2012 India’s Oil and Natural Gas Corp. (ONGC) and the China National Petroleum Corp. (CNPC) signed a Memorandum of Understanding (MoU). The MoU is intended to strengthen existing exploration and production (E&P) operations in Burma, Sudan, and Syria, and […]
Read more »Angola State Oil Group Plans Production Increase
July 3rd, 2012
Courtesy of The Financial Times, a report that Sonangol, the Angolan state oil group that has amassed assets from Iraq to Cuba, is aiming to raise fivefold its production as an operator. As the article notes: “…Manuel Vicente, whose promotion to minister of state for economic co-ordination in January ended his 12 years at the […]
Read more »Ecopetrol: A Calm In The Midst Of A Storm?
May 13th, 2012
Courtesy of Seeking Alpha, a report on Colombia’s Ecopetrol corporation. As the article notes: Since the start of 2012, we have seen significant pullbacks in the stock prices of many of Latin America’s oil majors. Brazil’s Petrobras (PBR) has fallen by 18%, Petrobras’ Argentine subsidiary Petrobras Argentina (PZE) also fell by 18%, and Argentina’s largest […]
Read more »In a Change, Mexico Reins In Its Oil Monopoly
April 24th, 2012
Via The New York Times, a look at the Mexican government’s increasing role in Pemex’s daily operations: Pemex, the state-owned oil company, invested billions at the Chicontepec field, but has extracted little petroleum. For seven decades, Pemex, Mexico’s state-owned oil monopoly and a mainstay of the government’s revenue, regulated itself — which is a polite […]
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.