Pemex: Mexico’s Last Resort
July 23rd, 2008
From Stratfor (subscription required), an excellent analysis of Mexico’s Petroleos Mexicanos (Pemex) turning to its last resort to prevent Mexico from becoming a net oil importer within a decade, namely its announcement that the company may start drilling for crude oil abroad if the government fails to ease legislation to allow foreign energy partners into […]
Read more »Russia and Venezuela: Closer Cooperation in Oil & Gas Markets
July 23rd, 2008
As reported in The International Herald Tribune, President Hugo Chávez of Venezuela and President Dmitri Medvedev of Russia recently declared that their countries would more closely coordinate their actions on global oil and gas markets. As the article notes: “…Medvedev said it was still possible that Russia could join with Venezuela and other gas-producing nations […]
Read more »Gazprom and Russia’s Energy Imperialism
July 23rd, 2008
Via World Politics Review, an excellent article on Gazprom and Russia’s energy imperialism. As the article notes: “…An ogre of a giant looms to the east of Europe, occasionally in the shape of a country, other times in the shape of a company, the two often indistinguishable. Russia and Gazprom are poised to devour the […]
Read more »Venezuelan Issues
July 21st, 2008
Courtesy of NPR, a review of the state of affairs in Venezuela’s oilpatch. As the article – an interview with Michael Shifter with the Inter-American Dialogue in Washington – notes:  …Hugo Chavez has introduced a new form of governance. And there was a strike at the oil company at the end of 2002, early 2003. […]
Read more »Cuba Reaches out to Brazil
July 20th, 2008
Courtesy of Project Syndicate, an excellent analysis of Cuba’s gradual process of changing Cuba’s economy and international relations and – most specifically – efforts to ensure Cuba is not held captive by its one international supporter at present: Venezuelan President Hugo Chavez. “…Castro believes in giving farm workers greater incentives. He has authorized the sale […]
Read more »Russia-ing North: A Plan To Develop Arctic Oil Reserves
July 20th, 2008
From The Star.com, news that the Kremlin will handpick companies to develop the vast oil reserves believed to be located in the Russian Arctic. As the article notes:  “…Medvedev outlined priorities for developing some of Russia’s richest and most challenging oil deposits.  The government will take the unusual step of selecting companies to develop the […]
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.