How the Ukraine War Gave Venezuelan Oil an Opening
June 2nd, 2023
Courtesy of Geopolitical Futures, a report on how Caracas is taking advantage of a key opportunity to revive its energy sector: For years, the Venezuelan economy has been largely disconnected from Western markets. The war in Ukraine, however, initiated a sort of restructuring of the global energy market, sparking renewed interest in Venezuela’s potential as […]
Read more »The Pipeline Reshaping Venezuela-Colombia Relations
January 13th, 2023
Via Foreign Policy, an article on a new gas deal that could boost both economies, but comes with major risks for Bogotá: For almost a decade, the Antonio Ricaurte gas pipeline—a 139-mile installation that cuts across Guajira, the northernmost peninsula in South America—has sat idle, a rusting symbol of decaying relations between Colombia and Venezuela, the […]
Read more »Two-Cent Venezuela Bonds Lure Traders Hunting Lottery-Like Score
October 27th, 2022
Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market. Yet, for traders willing to take on […]
Read more »Venezuela Seizes Stake in Oil Venture From Firm With Russia Ties
October 1st, 2022
Via Bloomberg, a report that Venezuela’s state oil company seized a minority stake in a key joint oil venture with Russia ties: Venezuela’s state oil company seized a minority stake in a key joint oil venture from GPB Global Resources, a private energy firm founded by former Gazprom PJSC officials, taking full control of the asset. Petroleos […]
Read more »State-Run Oil Giants Will Make or Break The Energy Transition
July 26th, 2022
Courtesy of The Economist, a report on how state-run oil giants will make or break the energy transition: Climate activists love to vilify ExxonMobil and Shell. These and other private-sector energy companies have been on the receiving end of proxy battles, legal challenges and other forms of pressure to force them to dump oil and […]
Read more »Enemies With Benefits: Venezuela, Oil, and U.S.
April 25th, 2022
Via The Economist, commentary on the potential role that Venezuela could play to help the West wean itself off Russian oil: n april 22nd a ban on Russian oil imports will come into effect in the United States. One of the countries that could benefit is Venezuela. According to Credit Suisse, a bank, its economy is expected […]
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.