China’s Sinopec to Build Gas Pipelines for Saudi Aramco in $1-Billion Deal
June 8th, 2024
Via OilPrice.com, a report of China’s Sinopec’s plans to build gas pipelines for Saudi Aramco in $1-Billion deal: A subsidiary of China’s energy giant Sinopec has signed a $1.3-billion deal with Saudi Aramco to procure and build pipelines for an expansion of the Kingdom’s natural gas distribution network, the Chinese firm said on Thursday. Under the turn-key fixed-price […]
Read more »Face It, Putin: China Is Just Not That Into Your Gas Pipeline
May 22nd, 2024
Courtesy of Bloomberg, commentary on China’s waning interest in the proposed Russian-Chinese gas pipeline, dubbed Power of Siberia 2: Underneath all the bombast and saber rattling that plays out whenever President Xi Jinping and his Russian counterpart Vladimir Putin meet up, there’s always an undertone that sounds more like a plot line from a high […]
Read more »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 »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.