Dinosaurs at the Tar Pit (4) / Needed: A Refined Approach to Refining
January 24th, 2008
Another day and more articles on the demise of Big Oil and the rise of The Seven Sisters. As Rig Zone points out: “…Three years ago, the top six names on the PFC Energy 50 ranking of the world’s largest oil & gas industry companies were ExxonMobil, BP, Royal Dutch Shell, Total, Chevron and Eni. […]
Read more »Dinosaurs at the Tar Pit (3): Energy’s Center of Power & Resource Nationalism Is On The Move
January 23rd, 2008
As noted in today’s Financial Times, the story of energy in the 21st century has been the relative decline of the developed world as both a producer and a consumer. We have been following this trend for some time now, keeping a close eye on The New Seven Sisters in particular. As the article reports: […]
Read more »Next Stop: Jupiter — Brazil’s ‘Huge’ Gas Field Find
January 23rd, 2008
As reported by BBC, a huge natural gas field has been found a short distance off Rio de Janeiro’s coastline, another recent find which could help turn Brazil into even more of a leading global energy supplier. According to Petrobras, the company believes the new field, Jupiter, could match the recently discovered Tupi oil field […]
Read more »Russia Moves On The Caspian; Back to Iraq As Well?
January 21st, 2008
As neatly reported by Energy Daily, Russia is moving swiftly to develop projects in its own self-defined sector of the Caspian Sea. Russia’s move offshore means it is now joining post-Soviet republics Azerbaijan, Kazakhstan and Turkmenistan in developing their claimed national sectors of the Caspian, leaving only Iran – stymied by U.S. trade sanctions barring […]
Read more »Cuba’s Oil-Rich Waters
January 20th, 2008
As reported by Energy Daily, Brazil has signed a deal that would give Brazil’s Petrobras access to Cuban potentially oil-rich waters, where it hopes to begin drilling in the next two years. As the article notes: “…While Petrobras and Cuba already have a longstanding relationship, [the] agreement marked the first time the Brazilian company would […]
Read more »Turkmenistan’s Pipeline Politics: Turkey, Iran, and Others Shiver Together
January 15th, 2008
There have been stories this past week or so about the severe winter and gas shortages in Iran, and their resulting cut in supplies to Turkey. The Iranian domestic shortage was supposed to be made up from Turkmenistan. Unfortunately the shortfall from Iran to Turkey was supposed to be made up by increased supplies from […]
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.