Chinese State-Owned Energy Companies Expand Their Global Reach
October 2nd, 2008
Via The Wall Street Journal, an in-depth report on the latest efforts by Chinese state-owned energy companies to expand their global reach. As the article notes: “…Cnooc and China Petrochemical, known as Sinopec, are close to buying a stake held by U.S.-based Marathon Oil Corp. in an Angolan oil block, after agreeing to a price […]
Read more »O Petróleo é Nosso: But Is It Petrobras’ or Brazil’s Petoro’s?
September 12th, 2008
Via The Financial Times, an article noting that Brazil’s recent offshore oil find is set to pit one of the world’s most important emerging economies against both foreign equity investors and international oil companies, and may also lead to the creation of a new state owned entity at the expense of Petrobras. As the article […]
Read more »Brazil: Drilling Under Petrobras?
August 29th, 2008
Via The Economist, an interesting analysis of the Brazilian government’s debate whether to create a new, wholly state-owned, oil company to maximize its profit from the new fields recently found by Petrobras, the state-controlled oil giant which recently announced that it had uncovered between 5 billion and 8 billion barrels of light, sweet crude in […]
Read more »Petrobras and Jubarte: Next Stop Jupiter?
August 7th, 2008
From Stratfor, news that Brazilian state oil firm Petroleo Brasileiro (Petrobras) reportedly plans to start production at the Jubarte oil well in the Campos Basin on Aug. 12. While the well’s initial production is expected to be relatively small, the project marks a technological step forward for Petrobras. As the article notes: “…Though this production […]
Read more »Cuba Reaches out to Brazil
July 20th, 2008
Courtesy of Project Syndicate, an excellent analysis of Cuba’s gradual process of changing Cuba’s economy and international relations and – most specifically – efforts to ensure Cuba is not held captive by its one international supporter at present: Venezuelan President Hugo Chavez. “…Castro believes in giving farm workers greater incentives. He has authorized the sale […]
Read more »Argentina and Bolivia’s Northeast Argentine Pipeline; A Feeble Attempt to Balance Brazil’s Growing Might
January 28th, 2008
Stratfor (subscription required) recently reported that Argentine and Bolivian leaders kicked off the $1.8 billion Northeast Argentine Pipeline (GNEA) project in Buenos Aires on Jan. 25. While this has important ramifications for the South American hydrocarbon picture, Stratfor insightfully notes that this is just another harbinger that the geopolitical structure of South America is changing: […]
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.