Angola Reaches Out To The Amazon
October 20th, 2009
Courtesy of Upstream Online, a look at Angola’s Sonangol Group’s interest in investing in Ecuador’s Amazon region. As the report notes: “…Angola’s oil minister and Opec president, Jose Maria Botelho de Vasconcelos, will travel to Ecuador at the end of October to discuss Sonangol’s investment in Ecuador, Jaramillo said during a meeting with foreign journalists. […]
Read more »China, Angola, and Oil
September 22nd, 2009
Via Africa-Asia Confidential, a report that China’s relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block, and a look at the complicated ownership structure of Sonagol Sinopec International (SSI), a joint venture between Sinopec and China Sonangol […]
Read more »Russia Taking On China In Africa
June 26th, 2009
Via Energy Daily, an interesting report on Russia’s renewed interest in African resources. As the article notes: Russian President Dmitry Medvedev’s visit this week to Nigeria, sub-Saharan Africa’s biggest oil producer, to sign natural gas deals threw down the gauntlet to energy-hungry China, which has been aggressively sinking its commercial hooks in the mineral-rich continent […]
Read more »Gazprom: Into Africa (Again)…
April 4th, 2009
Via Energy Daily, a detailed report on Russia’s renewed interest in Nigeria’s oil patch. As the article notes: “…Russian energy firm Gazprom has signed an agreement with the New Nigeria Development Co. for exploration of three oil blocks in the country’s north, officials from both countries said.Though rights to the blocks in the Chad Basin […]
Read more »A Scramble to Exploit Africa’s Significant Gas Reserves
January 28th, 2008
As reported in a recent Financial Times article, with Europe concerned over Russia’s political motives in exploiting its energy wealth and big international companies shut out or deterred from investing in the Middle East, many eyes have turned to Africa in the hope of securing future supplies of gas. However, as companies scramble to gain […]
Read more »Angola + Brazil = The World’s First Supermajor from The Developing World
January 1st, 2008
Via Stratfor (subscription required), a highly interesting report about an emerging partnership between state-owned Angolan oil company Sonangol and Petróleo Brasileiro (Petrobras). The results could transform the global oil industry as any Brazilian-Angolan cooperation could herald the large-scale entry of Petrobras into the Angolan offshore, giving the world its first (but certainly not last) supermajor […]
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.