Bullish On Africa In The China Shop…
July 12th, 2009
Via Energy Daily, an update on China’s energy “shopping spree” in Africa. As the article notes: China’s oil companies, buoyed by the country’s foreign exchange reserves that now top $2 trillion for the first time, are on another buying spree in Africa, further challenging the century-long domination of the continent’s mineral wealth by Europe’s great […]
Read more »African Investment: Driven by Terrain?
July 21st, 2008
Via Stratfor (subscription required), an excellent analysis of how the rugged terrain of Sub-Saharan Africa prevents industrialization and modern infrastructure from taking hold and engenders chronic political instability. As a result, the article notes, most foreign investment goes to resource extraction, especially offshore projects protected from the disruptions that are rife on land: “…Foreign direct […]
Read more »Angola’s Oil Future
July 2nd, 2008
From The Oil Drum, an excellent analysis of Angola’s oil future. As the article notes: “Angola is one of the few oil producing countries with a bright future ahead. Decades of war prevented the country from developing its energy resources properly, but is now becoming one of the largest world oil exporters in a period […]
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 »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 »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.