Sand to Sea: Aramco’s Earnings Are Helping The Saudi Kingdom Shake Up The Global Economy
May 20th, 2024
Courtesy of Fortune Magazine, a look at how the oil earnings of Saudi Aramco, the world’s most profitable company, are helping the Saudi monarchy shake up the global economic order: For generations, the city of Cannes in the South of France has been famous for its glitzy film festival, where the world’s movie stars strut […]
Read more »Gazprom’s Declining Fortunes Spell Trouble for Moscow
May 15th, 2024
Via Foreign Policy, an article on why Gazprom’s record loss should worry the Kremlin on several fronts: At the end of 2022, Dmitry Medvedev—Russia’s former prime minister and the current deputy chairman of its Security Council—offered his predictions for the coming year. He warned that Europeans would suffer badly from Russia’s decision to curb natural […]
Read more »Mexico Weighs Options to Absorb $40 Billion of Pemex Debt
May 13th, 2024
Via Bloomberg, a report on the Mexican government’s plans for Pemex: Mexico is studying options to absorb as much as $40 billion in Pemex debt, the equivalent of what will come due in the next presidential term, one of its top finance officials told investors in New York. The government is considering options that could […]
Read more »Angola to Leverage Chinese Investment to Stimulate Oil Production
May 1st, 2024
Via Energy, Capital and Power, a look at Angola’s efforts to leverage Chinese investment to stimulate oil production: China’s state-owned China National Offshore Oil Corporation (CNOOC) is sending a team of senior executives to Angola to discuss investment opportunities in oil exploration. The move aligns with Angola’s target to increase production to 1.18 million barrels […]
Read more »Niger, Benin: Oil Pipeline Begins Operations
April 25th, 2024
Via Stratfor’s Rane Worldview, a report on Niger, Benin’s operationalization of a new pipeline: What Happened: Nigerien oil arrived at the Beninese oil terminal of Seme using the Niger-Benin pipeline on April 21, Africanews reported on April 24. Why It Matters: The Niger-Benin pipeline’s entry into service will enable Niger to begin exporting up to 90,000 barrels […]
Read more »Mexico Presidential Frontrunner Pledges $13.6 Billion For Energy Investments
April 16th, 2024
Via Reuters, a report on the Mexico presidential frontrunner pledge of $13.6 billion for energy investments: The favorite to win Mexico’s presidential election in June, Claudia Sheinbaum, on Monday outlined a plan to invest $13.57 billion in new energy generation projects through 2030. The ambitious program plans to increase wind and solar power generation and […]
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.