Lukoil, Cuba, and Venezuela
June 27th, 2008
As adroitly analyzed in Stratfor (subscription required), Russian oil firm LUKoil’s plans to purchase a refinery in Cuba are on hold because of the difficulty of investing in crude production in Venezuela. As the article notes: “…Russian oil firm LUKoil’s plans to expand into Cuba have been put on hold. LUKoil wanted to buy a […]
Read more »Gazprom’s Vision
June 27th, 2008
As reported by The Financial Times, Gazprom recently set out a vaulting vision of its future status as the world’s most powerful energy company. As the article notes: “…Alexey Miller told the Financial Times that the world was undergoing “a great surge in oil and gas prices . . . which will end with prices at a radically new […]
Read more »Russia’s Gas Market
June 26th, 2008
Via The Financial Times, an interesting look the future of the Russian gas market as the long-awaited natural gas price liberalization slowly begins to take hold in that country. As the article notes: “…With energy prices riding high you might expect investors would be lining up to invest in a fund that bets on Russia’s […]
Read more »Iran
June 26th, 2008
Via Arabian Business, an interesting look at Iran’s petroleum and shipping sectors. As the article notes: “…According to most independent analysis, Iran has proven oil reserves of around 136 billion barrels, with 40 production sites – 27 of which are onshore and 13 offshore. In 2006 Iran produced 3.8 million bbl/d of crude oil, equal […]
Read more »Gazprom’s Growth Plans
June 20th, 2008
Via The Energy Daily, a report that Russian energy giant Gazprom intends to invest between 8 and 10 trillion rubles ($338-422 billion) in a range of projects between 2009 and 2020. “…According to our forecasts, investment will be between eight and ten trillion rubles by 2020, and annual investment is estimated at some 700 billion […]
Read more »Gazprom and China: Race to Ogoniland
June 16th, 2008
Via Robert Amsterdam’s excellent blog, news that Gazprom and several Chinese state-held firms are aggressively pursuing these gas field stakes left behind by Shell in Nigeria’s troubled Ogoniland- and the government of Umaru Yar’adua has indicated that it will entertain an offer from the group bringing the best infrastructure (read corporate foreign policy) package to […]
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.