19 Countries Express Interest in Joining BRICS
April 27th, 2023
Courtesy of RANE Worldview, a report on growing interest amongst countries to join BRICS: What Happened: South Africa’s ambassador to BRICS (the informal bloc of Brazil, Russia, India, China and South Africa) said 19 countries had expressed an interest in joining the bloc, which will meet in Cape Town on June 2-3 to discuss enlargement, […]
Read more »Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand
April 23rd, 2023
Courtesy of The Wall Street Journal, a report on how Halliburton and Honeywell are in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria: After years of underinvestment in North Africa’s energy infrastructure, global oil-and-gas giants from Halliburton Co. and Chevron Corp. to Eni SpA are […]
Read more »Will Sonatrach’s Hydrocarbon Discovery Make Algeria A Key Energy Partner For Europe?
April 14th, 2023
Courtesy of The Africa Report, a look at a new energy discovery in Algeria: Following a record-breaking year in 2022, the national company Sonatrach has announced the discovery of six new deposits in the first quarter of 2023. In the midst of a global decline in production, the oil and gas boom shows no signs […]
Read more »How Algeria Aims To Boost Its Non-Oil Exports
March 4th, 2023
Courtesy of The Africa Report, a look at Algeria’s efforts to diversify its exports: Between 2019 and 2022, international sales of sugar, oil, cement and steel quadrupled. Algiers is now hoping to make $10bn annually to accelerate its economy’s diversification. In these vast arid plains where no trees grow, there are endless rows of greenhouses […]
Read more »Africa’s Share of Global Gas Supply Will Almost Double by 2050
February 14th, 2023
Via Quartz, an report that Africa will be responsible for over 11% of all gas supplies by 2050: Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from […]
Read more »Algeria: Emerging From Isolation
February 8th, 2023
Via Rane’s STRATFOR Worldview, analysis of Algeria’s emergence from isolation: Algeria has adopted a new strategy of international engagement as it seeks to modernize its economy, but continued dependence on hydrocarbon revenue and its persistent stance on some geopolitical rivalries involving Israel and Russia will limit its transformation. Since President Abdelmajid Tebboune began his tenure in […]
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.