China’s CNPC Close To Afghan Oil Deal
September 5th, 2011
Via The Globe and Mail, a report that CNPC, the Chinese energy company, is poised to win the first oilfield to be tendered in Afghanistan since the U.S. ousted the Taliban in revenge for sheltering Osama bin Laden a decade ago. As the article notes: “…China’s push into Afghanistan is part of a broader drive […]
Read more »OPEC: Venezuela Is Now The World’s Top Oil Producer
August 29th, 2011
Via Celsias, a report that The Organization of Petroleum Exporting Countries, a notoriously conservative organization, has stated that Venezuela now has the world’s largest oil reserves, even exceeding those of OPEC’s top producer, Saudi Arabia. As the article notes: “…Oil production in Venezuela is under the control of the state-owned Petróleos de Venezuela, S.A. company, […]
Read more »At The Pump, Ready To Gas Up: China’s Oil Groups Ready For More Deals
August 29th, 2011
Courtesy of The Financial Times, an interesting look at how China’s oil groups are ready for more deals: Sinopec reported a 12 per cent rise in net profit, to Rmb41bn, in the first half of the year, beating analysts’ expectations Solid first-half profits at China’s state-owned oil companies have paved the way for further […]
Read more »Pemex Now 4th Place As Global Oil Producer
August 1st, 2011
Courtesy of Energy Daily, a report that – after almost 13 years as the third largest producer in the world – Mexico’s Petroleos Mexicanos has dropped into fourth place. As the article notes: “…Venezuela’s state-owned oil company Petroleos de Venezuela, S.A., more commonly referred to by its acronym PDVSA, claimed third place. Petroleos Mexicanos — […]
Read more »Pakistan Woos Russian Energy Giant
May 19th, 2011
Via Pakistan’s Tribune, an update on Pakistan’s courtship of Gazprom. As the article notes: “…Pakistan will make an offer to Russian energy giant Gazprom, the largest extractor of natural gas in the world, to participate in two multi-billion-dollar gas pipeline projects – Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) projects, during President Asif Ali Zardari’s visit to […]
Read more »China, Inc.: The Newest Big Oil Company
January 7th, 2011
Via Fortune, a report on increasing size and impact of China’s NOCs: “…You know the major players in big oil — Shell (RDSA), Exxon Mobil (XOM, Fortune 500), BP (BP), Chevron (CVX, Fortune 500) and a handful of other fuel goliaths. Soon though, it might be time to add China to that list. The country’s […]
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.