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 »Indian Firms Invest in Iranian Oil
June 16th, 2008
India’s Economic Times recently reported that a consortium of public sector oil companies — ONGC Videsh (OVL), Indian Oil Corporation (IOC) and Oil India (OIL) — has proposed to invest $3 billion to develop Farsi block in Iran where they have found 12.8 trillion cubic feet (tcf) of gas. As the article notes: “…The block […]
Read more »A Knot of Pipeline Projects/Proposals: The Caspian Conundrum
June 13th, 2008
Via Radio Free Europe, an insightful look at the multitude of Caspian pipeline projects that leaders of the Caspian Sea littoral states — Azerbaijan, Russia, Kazakhstan, Turkmenistan, and Iran — and others such as the EU and U.S. are discussing, debating, funding, and developing. As the article notes: “…we are in the middle of a […]
Read more »Azeri Aim To Become Gas Transit Route
June 13th, 2008
As recently reported in The Financial Times, Azerbaijan – already a growing force on world oil markets – is carving a role for itself both as a natural gas exporter and as a strategic gas transit route linking the Caspian region with the west. As the article notes: “…2007 marked a turning point in the […]
Read more »The Future of Petronas: Pemex or Petrobras?
June 13th, 2008
As reported by Stratfor (subscription required), Malaysia’s energy giant Petronas could go broke within a decade if the government takes all of its profits under a new tax scheme, the company’s president and chief executive Tan Sri Hassan Marican recently said. Although Petronas would not be the first Asian energy major to bow under soaring […]
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.