Angola State Oil Group Plans Production Increase
July 3rd, 2012
Courtesy of The Financial Times, a report that Sonangol, the Angolan state oil group that has amassed assets from Iraq to Cuba, is aiming to raise fivefold its production as an operator. As the article notes: “…Manuel Vicente, whose promotion to minister of state for economic co-ordination in January ended his 12 years at the […]
Read more »China and Oil-backed Loans in Angola
January 1st, 2012
Via China In Africa, an interesting look at China’s oil-backed loans in Angola: The story of China in Angola has been told so often, and almost always those telling the story neglect the larger context of how Chinese banks fit into a pre-existing system whereby Angolans financed so much of their government spending for so […]
Read more »Brazil to Join the Battle for Africa’s Energy Riches
November 17th, 2011
Via OilPrice.com, an interesting report on Brazil’s increased interest in Africa’s energy resources: In October Brazilian President Dilma Rousseff made a state visit to Africa, consisting of South Africa, Mozambique and Angola. Quick – what was President Roussef’s insider edge in Mozambique and Angola? Two things. First, Brazil, along with Angola and Mozambique, were originally […]
Read more »China’s Thirst For Angolan Oil Fuels A Growing Relationship
April 6th, 2010
Courtesy of the always informative Riches Among The Ruins, an article on the relationship between – and growing importance of – China’s relationship with Angola. As the report notes: “…The economic and political ties between Iran and China are often brought up in the context of geopolitical negotiations, with China’s oil purchases leading the headlines. […]
Read more »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 »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.