China Seals One of the Biggest LNG Deals Ever With Qatar
November 22nd, 2022
Via Bloomberg, an article on a recent LNG agreement between China and Qatar: China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled […]
Read more »The World’s Largest State-Owned Oil Companies
January 12th, 2021
Via Visual Capitalist, a look at the world’s largest state-owned oil companies: Oil is one of the world’s most important natural resources, playing a critical role in everything from transportation fuels to cosmetics. For this reason, many governments choose to nationalize their supply of oil. This gives them a greater degree of control over their oil […]
Read more »At The Pump, Ready To Gas Up: China’s Oil Groups Ready For More Deals
August 29th, 2011
Courtesy of The Financial Times, an interesting look at how China’s oil groups are ready for more deals: Sinopec reported a 12 per cent rise in net profit, to Rmb41bn, in the first half of the year, beating analysts’ expectations Solid first-half profits at China’s state-owned oil companies have paved the way for further […]
Read more »China, Inc.: The Newest Big Oil Company
January 7th, 2011
Via Fortune, a report on increasing size and impact of China’s NOCs: “…You know the major players in big oil — Shell (RDSA), Exxon Mobil (XOM, Fortune 500), BP (BP), Chevron (CVX, Fortune 500) and a handful of other fuel goliaths. Soon though, it might be time to add China to that list. The country’s […]
Read more »China’s Search For Oil
January 13th, 2010
Via Abu Dhabi’s The National, a look at China’s state-controlled enterprises efforts to secure oil and gas supplies wherever they can be obtained in order to feed the growing energy appetite of the world’s second-largest economy. As the article notes: “…When the going gets tough, China goes shopping for energy assets. Last year, Beijing sent […]
Read more »China’s Global Oil Ambitions
November 4th, 2009
Courtesy of The Financial Times, an excellent look at the reach of China’s state oil companies around the globe. As the article notes: On a leafy street in Almaty, a few hundred miles from Kazakhstan’s border with China, the elegant mansion of China National Petroleum Corporation is kept under close guard. Behind its closed shutters, […]
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.