Deferring Nabucco Is Win-Lose for Gazprom
March 19th, 2009
As reported in The Moscow Times, the foreign ministers of 27 European Union countries could not agree on the 3.5 billion euro budget for energy projects during a recent meeting. This means, among other things, that the fate of the Nabucco project, which was supposed to be allocated 250 million euros, has been essentially put […]
Read more »Cuba’s Black Gold…
March 19th, 2009
Via Energy Daily, details on Cuba’s recent efforts to negotiate oil exploration and production deals with Russia, China and Angola, with its focus on Moscow shaping up as the partnership that could make the communist island nation energy self-sufficient. As the article notes: “…The Cuban oil industry’s venturing out into deep sea waters in the […]
Read more »Venezuela and Russia Form JV To Explore For Oil
March 18th, 2009
Courtesy of The International Herald Tribune, a report detailing the plans for Venezuela and Russia to form a joint company to work together on oil projects. As the article notes: “…Venezuelan President Hugo Chavez called the formation of a Russian-Venezuelan energy company an important step. He said it will “open operations not only in Venezuela, […]
Read more »China and Iran: Partners in Yadavaran
March 16th, 2009
Via Radio Liberty, a report on a multibillion-dollar agreement recently concluded between China and Iran to develop the big Yadavaran oilfield in southern Iran. As the article notes: “…The Yadavaran oil field has crude oil reserves estimated at three billion barrels. That appears to be an irresistible statistic for China, whose oil-hungry economy is slated […]
Read more »Venezuela’s Oil: “At The Service of China”
March 16th, 2009
Via Bloomberg, a report that PetroChina Co. and Venezuela will build a refinery in Guangdong province that will rival the biggest Chinese oil-processing plant by capacity as the two nations reinforce their energy ties. As the article notes: “…PetroChina, the country’s largest oil company, will “further realize” the agreements with Venezuela on the 400,000 barrel-a-day […]
Read more »A Total Experience in Yemen…
February 23rd, 2009
Via The New York Times, an interesting report on Total’s activities in Yemen. As the article notes “…Yemen is a showcase for Total, whose experience here shows how far an oil company will go these days to unearth new energy supplies. Because of the endlessly complicated interplay of geology and geopolitics, access to petroleum resources […]
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.