Ecopetrol
October 10th, 2010
Via The Financial Times, an update on Ecopetrol, Colombia’s state oil company. As the article notes: “[Ecopetrol] is one of the best examples of a creaky behemoth invigorated by part-privatisation. It is making the most of Colombia’s improved security environment and resilient economy. Ecopetrol’s chief executive Javier Gutierrez has told beyondbrics that production should rise […]
Read more »Ecopetrol’s Growth Strategy
August 5th, 2010
Via The Financial Times, an interesting article on a recent purchase by Colombia’s Ecopetrol. As the reports notes: “…Ecopetrol has been rummaging around the sale bins for a few years now as part of an aggressive growth strategy aimed at ramping up oil production to 1m bpd by 2015. In 2009, Colombia’s majority state-owned oil […]
Read more »Is The Dragon Out-Maneuvering The Tiger In Africa?
July 21st, 2010
Courtesy of Africa-Asia Confidential, a detailed look at China’s and India’s strategic business initiatives in Africa. As the article notes, China’s state companies have been advancing several billion-dollar petroleum and bank deals while India’s plans may be on hold: “…The Lagos State government, the Nigerian National Petroleum Corporation and the China State Construction Engineering Corporation […]
Read more »Nigerian National Petroleum Corporation’s Dry Hole
July 14th, 2010
Via The Associated Press, news that Nigeria’s state-run oil company is “insolvent” and needs $6.6 billion to cover its debts and fund future oil exploration in the West African nation. As the report notes: “State Finance Minister Remi Babalola said that the Nigerian National Petroleum Corp. asked for the funding after acknowledging its costs far […]
Read more »The Dragon And The Elephant In A Global Contest For Oil
March 31st, 2010
Via Abu Dhabi’s The National, an interesting look at India’s efforts to keep up with China’s overseas petroleum acquisition activities. As the article notes: “…The elephant appears to be trailing the dragon through the jungles of the oil world. The state-owned Indian Oil Corporation is in talks to acquire Gulfsands Petroleum, a UK company active […]
Read more »Gazprom’s Moment of Truth?
March 31st, 2010
Courtesy of the always informative The Oil and the Glory, an interesting look at Gazprom and the simultaneous market & political challenges it is facing. As the article note: “…Gazprom, the largest natural gas company in the world, is experiencing a moment of truth. And so, by extension, is Russia, which has relied on the […]
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.