Sinopec’s Bid for Syrian Petroleum Assets
September 27th, 2008
Via The Financial Post, an interesting article on China Petrochemical Corporation’s (Sinopec) offer to pay $1.9 billion for Tanganyika Oil Co. to gain oil and natural gas operations in Syria. As the article notes: “…The bid for Tanganyika came one month after Sinopec Group lost to India’s Oil & Natural Gas Corp. in the tussle […]
Read more »Scramble for Africa…The “Final Frontier” of Conventional Sources of Oil
January 25th, 2008
As reported by Reuters, high oil prices and the onslaught of resource nationalism from Russia to South America have sent Western majors delving ever deeper into the waters of the Gulf of Guinea, triggering a new scramble for Africa. As the article notes: “…Unlike more established oil-producing regions, the Gulf of Guinea offers easy access […]
Read more »Dinosaurs at the Tar Pit (4) / Needed: A Refined Approach to Refining
January 24th, 2008
Another day and more articles on the demise of Big Oil and the rise of The Seven Sisters. As Rig Zone points out: “…Three years ago, the top six names on the PFC Energy 50 ranking of the world’s largest oil & gas industry companies were ExxonMobil, BP, Royal Dutch Shell, Total, Chevron and Eni. […]
Read more »China: A Bull in Iran’s Oil “Shop”
December 10th, 2007
As reported in The Financial Times, Iran signed a $2bn oil contract with Sinopec of China, sending a signal to western companies that they might miss out on potentially lucrative contracts with one of the world’s biggest energy exporters if they continued to heed US-led sanctions against Tehran. As the article notes: “…The contract to […]
Read more »Central Asian Business Round Up
October 20th, 2007
An interesting round up of news from Central Asia Beat, including the following business & investment tidbits: Finland’s Nokian Tyres will be working with Kazakhstan’s Ordabasy JSC to build a factory in Astana. The tires will serve the Kazakh and Russian Markets, eventually going into Eastern European distribution. Germany will sponsor Kazakhstan at the WTO […]
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.