Iran’s Planned Nabucco Pipeline
November 29th, 2007
From Der Spiegel, an interesting look at Iran’s desires to use its massive gas reserves and construction of its planned Nabucco pipeline to wield influence over Europe. As the article notes: “Iran is planning to leverage its massive gas reserves to increase its influence in Western Europe — by fair means or foul. If selling […]
Read more »The Not-So-Empty Quarter
November 28th, 2007
From Energy Daily, news that Saudi Arabia is upgrading the Shaybah oil production facility in the country’s barren southeastern Rub’ al Khali desert, as part of an agenda to bolster its already dominant role supplying more oil to the world than any other country. As the article notes: “…barrel for barrel, there’s more oil below […]
Read more »Afghanistan “Cops Out” to China
November 28th, 2007
From Radio Free Europe, news that Afghanistan has awarded China’s state-owned China Metallurgical Group with the right to develop a large copper field to the south of Kabul, following two years of bidding. According to the article, CMG agreed to invest billions of dollars in the project and related infrastructure development — including the construction […]
Read more »No Occident: Increased Interest in Libya
November 28th, 2007
Via Stratfor (subscription required), news that U.S. energy company Occidental Petroleum Corp. and Australian oil and gas firm OMV have agreed to jointly explore for oil in five areas in Libya. According to the article: “…the firms will spend $2.5 billion altogether over the next five years to redevelop oil fields in the Sirte Basin, […]
Read more »C it go — Chavez’s Petrocracy Scales Back Profits at Citgo
November 16th, 2007
A very interesting WSJ article on Citgo – which Venezuela bought two decades ago to market its hard-to-refine heavy oil – changing its focus to feed cash to President Chávez’s social programs in Venezuela.  As the article notes: “…while other U.S. refiners have invested heavily to take advantage of historically wide profit margins in the […]
Read more »A Rio Find: Brazil Finds a New Hydrocarbon Deposit
November 8th, 2007
Via RIA Novosti, news that a massive oil and gas deposit has been discovered in Brazil, which could make it one of the world’s leading hydrocarbon producers. “…the new field, discovered on the southwestern coast of the country, could contain between 5 and 8 billion barrels of light oil. If results of the initial research […]
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.