Gazprom Aquires Control Of Kyrgyzgaz
August 6th, 2009
Via Oil and Gas Eurasia, a report that Gazprom is to buy controlling stake in Kyrgyz national gas company. As the article notes: “…Gazprom will acquire a controlling stake in Kyrgyzstan’s national gas company, following agreement between the Russian energy giant and the Kyrgyz government, the Central Asian republic’s ambassador to Moscow said on Wednesday. […]
Read more »PDVSA: Approaching Critical Condition….
August 3rd, 2009
Via El Universal, a very dire outlook on state-run oil holding Petróleos de Venezuela (Pdvsa). As the article states: “…Pdvsa has little cash flow.” Pdvsa is looking for money to keep the pace of expenses, lamented Diego González, former manager of Pdvsa Oilfields and Gas. Pdvsa’s alarms have set off. Ten issues bring the company […]
Read more »Russia and Cuba: Plans To Cooperate On Offshore Oil Exploration
July 30th, 2009
Via The Financial Times, a report that Russia and Cuba have signed contracts that ”set the bases” for Russian oil company Zarubezhneft to search for oil in Cuba’s part of the Gulf of Mexico. As the article notes: “…In its online edition, Communist Party newspaper Granma said four oil-related contracts had been signed during a […]
Read more »Impact Of Political Turmoil On Iran’s Natural Gas Sector
July 28th, 2009
Via Energy Daily, a report on the impact that the continuing political turmoil sweeping Iran will have upon its pressing need to develop its natural gas sector, which is widely perceived as the country’s answer to its worsening economic problems. As the article notes: “…Iran, whose oil is declining and whose energy industry is so […]
Read more »Pemex: Coming Up Dry?
July 17th, 2009
Via RigZone, more pessimistic news on Pemex. As the report notes: “…Mexican oil giant Petroleos Mexicanos is struggling to meet an ambitious $20 billion investment plan for this year after it nearly quadrupled capital expenditures over the past decade. Pemex, as the state-run company is known, needs to find new pools of oil to replace […]
Read more »Nabucco: A Pipe Dream Closer To Reality?
July 13th, 2009
Via The New York Times, an update on Austria, Bulgaria, Hungary, Romania, and Turkey’s decision to sign a transit agreement on the Nabucco pipeline, which would stretch 2,000 miles from the Caspian Sea to Austria through Turkey. This project would reduce Europe’s dependence on Russian gas but, despite this latest agreement, the project’s completion remained […]
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.