A Shifting Balance between Gazprom and Rosneft in Russia?
December 29th, 2007
Came across Strator’s (subscription only) interesting analysis of Gazprom’s desire to purchase at least 50 percent of Rosneft’s prized subsidiary, Tomskneft, a move indicating that Gazprom may soon attempt to equal or surpass rival Rosneft’s influence in Russian petro-circles. As discussed on this blog earlier, Gazprom’s board chairman and overall political backer, Dmitri Medvedev, has […]
Read more »Iran and Malaysia Cooperate To Develop Gas Fields
December 29th, 2007
Stratfor (subscription required) recently noted that Iran and Malaysia agreed to develop the Golshan and Ferdows natural gas fields in southern Iran. As the article indicates, the $16 billion contract is a follow up to a preliminary agreement reached in January of 2007 and also includes plans to build liquefied gas production plants. While Malaysia […]
Read more »Wireless Operators Dialing Africa and Other Emerging Markets For Growth
December 15th, 2007
As recently reported in the Investors Business Daily, there is a race among various cellular phone operators to grab assets in still-developing markets where wireless penetration is still well below 30%, and in some cases 10%, in many parts of Africa, southeast Asia, central Asia and other remote areas of the globe. As the article […]
Read more »A Gazprom State?
December 11th, 2007
As always, highly interesting analysis from Steve Levine at Oil & Glory, this time on Russia’s use of Gazprom as one of its spear points of foreign policy. As the article notes: “…Through its control of natural gas pipelines , Gazprom is the instrument of Russian influence in its former colonies in Central Asia, the […]
Read more »Middle Eastern Markets
December 11th, 2007
Via Bloomberg, an interesting review of the equity markets in Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman where – as oil revenues spur construction and increase demand – profit growth is projected to exceed other emerging markets around the word. As the article notes: “… The MSCI GCC Countries Index of […]
Read more »Astana’s Brinksmanship: MangistauMunayGaz’s Lessons of Petrocracy
December 11th, 2007
As noted in Energy Daily, Kazakh Prime Minister Karim Masimov recently disclosed that he had sanctioned KazMunayGaz’s planned purchase of a major stake of MangistauMunayGaz, a move that would give the state-owned oil company shareholder veto power over company decisions, further diluting the power of Western investors. What this consolidation will mean both for 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.