Dubai’s Limitless Appetite for SE Asia
October 18th, 2007
According to a report in The Shanghai Daily, Limitless — Dubai World’s property arm — agreed to buy a 30-percent stake in PT Bakrie Swasakti Utama, a unit of Indonesia’s biggest property developer PT Bakrieland Development for approximately two trillion rupiah (US$220 million). “…The stake will help Limitless expand in southeast Asia’s largest economy, which […]
Read more »Eni, Meeny, Miny, Moe: Into Libya some will go…
October 16th, 2007
Noticed in today’s WSJ that Eni, the world’s sixth-largest oil company by market capitalization, announced a sweeping overhaul of its existing contracts with Libya’s National Oil Company, or NOC. According to the terms of the deal, Eni – which has been the largest foreign player in Libya for years – will be able to increase […]
Read more »The French Connection: Increasing Threats to the Development of Iran LNG’s Industry
October 13th, 2007
Energy Daily recently reported on the impact that potential new European and U.N. sanctions may have upon Iran’s efforts to develop its liquefied natural gas potential in the massive South Pars fields, noting in particular that “…France’s recent turn to harsher rhetoric toward Tehran may signal a tipping point in Iran’s oil and gas exploration […]
Read more »DP World: A Port for Every Investment Storm?
October 13th, 2007
While this has been somewhat on-again, off-again over past months, the New York Times recently reported that DP World, the Dubai government port owner with holdings from Britain to China, plans to raise as much as $3.5 billion in the Middle East’s second-biggest initial share offering. While I am as yet undecided about the long-term […]
Read more »China: Into Africa (continued)
October 13th, 2007
Via Energy Daily, news that China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad. Just a further example of China push into Africa’s oil & gas sector. Curious as to why other countries are not as aggressive on this continent. “A subsidiary of CNPC, […]
Read more »The Race for Turkmenistan’s Reserves
September 16th, 2007
While Kazakhstan gets most of the press, perhaps the most interesting country in Central Asia – from a strategic hydrocarbon reserve perspective – is Turkmenistan. As this article notes, Turkmenistan’s vast natural gas stores are spurring a scramble between Russia, China, the U.S. and Europe for access to its reserves. “…Executives from Chevron Corp., Royal […]
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.