Calling Pyongyang … Orascom Eyes Cell Phone Venture in North Korea
December 17th, 2008
Via The Financial Times, news that Orascom is looking at setting up a mobile phone venture in North Korea. As the article notes “…Setting up a mobile phone service in North Korea – an authoritarian state that has banned mobiles – may sound like a misguided venture but Egypt’s Orascom reckons it can defy conventional […]
Read more »India & Russia: A Growing Petroleum Based Relationship
December 11th, 2008
Via Energy Daily, an interesting report on the growing linkages between India and Russia through petroleum. As the article notes: “…While India and China have booming economies, they share the similarity of both being energy-deficient and relying on imports. India is casting eyes across the Hindu Kush and is considering developing energy ties with its […]
Read more »Gazprom Looks To Fuel Growth
December 10th, 2008
As recently reported in The Financial Times, Gazprom – Russia’s state-controlled gas group – is “very comfortable” with commodity prices at present levels and is pressing ahead with its plans to increase capital spending next year, according to its deputy chief executive. As the article notes: “…In June, it was the world’s third-largest company by […]
Read more »Saudi Arabia’s Petro Optimism
December 10th, 2008
As recently featured on CBS’ 60 Minutes, Saudi Arabia continues to feel bullish about its petroleum prospects despite the falling price of oil. As the interview with Ali Al-Naimi, the Saudi oil minister and de facto head of the OPEC oil cartel, noted: “If most Americans had an opportunity to sit down with the oil […]
Read more »China Wants To Help Brazil Develop Deep Water Oil Fields
December 9th, 2008
Via The Associated Press, a report that China wants to loan Brazil’s state oil company $10 billion to help develop massive new oil fields in deep water off the coast of Rio de Janeiro. According to the article, Mines and Energy Minister Edison Lobao – Brazil’s top energy official – said: “… Chinese officials contacted […]
Read more »Gazprom’s Emergence As A Player in Latin America
December 9th, 2008
Via Energy Daily, a report noting that Russian President Dmitry Medvedev – while making his first visit to Brazil – made the first stop of his trip trip to the headquarters of state-run oil company Petrobras, reaffirming Gazprom’s emergence as a player in Latin America’s growing energy infrastructure. As the article states: “…Medvedev announced that […]
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.