SOCAR So Good: Azerbaijan Wants to Boost Oil Carried by Russian Pipelines
October 2nd, 2008
From Windows on Eurasia, an interesting report that Azerbaijan hopes to send more oil through Russia. According to the article: “…The State Oil Company of Azerbaijan (SOCAR) is negotiating with Russian officials to boost the amount of oil transported by Russian pipelines to the West, a move that many people around the world will see […]
Read more »South Korea Deals for Russian Gas
October 1st, 2008
Via Reuters, news that South Korea agreed on a $90 billion deal to import Siberian gas that should allow Russia to diversify away from Europe while bringing North Korea closer to its neighbour via pipeline diplomacy. As the article noted: “…South Korea’s Energy Ministry said in a statement the country wanted to import up to […]
Read more »PDVSA’s Growing Influence in Central/South America
October 1st, 2008
Via IPS News, an in-depth report on the growing influence of PDVSA in Central America, Cuba, the Dominican Republic and islands in the eastern Caribbean who are receiving more and more oil from Venezuela, while major refineries are planned in South America — at Pernambuco in northeastern Brazil, and at El Aromo, on Ecuador’s Pacific […]
Read more »Renewed EU Support for A Trans-Saharan Pipeline
September 27th, 2008
Courtesy of The Financial Times, an interesting article on the EU’s recent offers of financial and political backing to Nigeria for a €15bn ($21bn, £12bn) trans-Saharan pipeline to pump its gas directly to Europe. As the report notes: “…Renewed European interest in the project comes against a backdrop of mounting fears that Gazprom, the Russian […]
Read more »Gazprom: A “Political Insurance” Company
September 27th, 2008
From Robert Amsterdam’s insightful blog, a very interesting analysis of the latest announcement that Gazprom is forming a new $4.5 billion joint venture in the tumultuous Andean country with Total and Yacimientos Petroliferos Fiscales Bolivianos (YPFB), the state-held entity. As the article notes: “…what is extraordinary about this major energy deal is that Gazprom is […]
Read more »Sinopec’s Bid for Syrian Petroleum Assets
September 27th, 2008
Via The Financial Post, an interesting article on China Petrochemical Corporation’s (Sinopec) offer to pay $1.9 billion for Tanganyika Oil Co. to gain oil and natural gas operations in Syria. As the article notes: “…The bid for Tanganyika came one month after Sinopec Group lost to India’s Oil & Natural Gas Corp. in the tussle […]
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.