Colombia and Argentina: Who’s Bigger?
October 16th, 2012
Courtesy of The Financial Times, a comparison of Colombia and Argentina, and a reflection on Colombia’s rapid rise: Two years ago, when we started our tenure at Colombia’s finance ministry, we realised that, using IMF data, Colombia’s GDP had become larger that Venezuela’s. Having been trailing behind our neighbour for decades, such an achievement was […]
Read more »YPF: $37.2bn Investment? No Problem.
August 31st, 2012
Via The Financial Times, a report on YPF’s proposed five year plan: Well, you can’t fault YPF for lack of ambition. On Thursday, Miguel Galuccio (pictured), the CEO of Argentina’s recently nationalised YPF oil company, laid out a hard-charging five-year plan to increase production and return Argentina to its former glory as a net petroleum […]
Read more »Argentina’s New Oil Rules “Worse Than Nationalisation”
July 31st, 2012
Via The Financial Times, a report on Argentina’s new oil rules: A public relations adage holds that bad news is best released on Friday, so that it’s published in the little-read Saturday papers. And it’s a fair guess that Argentina’s government had an inkling that new rules governing the country’s petroleum industry and public shares […]
Read more »YPF: Investment Up, Dividends Down, Operational Plans TBA
July 18th, 2012
Via The Financial Times, a report on the latest YPF shareholders’ meeting: Tuesday’s meeting of YPF shareholders in Buenos Aires was most notable for its interminable length – more than six hours – and for decisions to ramp up investment and drastically cut the company’s dividend payout. But investors will have to wait a bit […]
Read more »Foreign Investors Getting Nervous About Argentina … Again
July 3rd, 2012
Two articles of interest on Argentina. The first, via Foreign Policy, looks at investor worries emanating from recent policy shifts: Argentina is once again rattling the nerves of foreign investors. The country that has been struggling to move on after its 2001 default and checkered economic history has recently nationalized the country’s largest private company, […]
Read more »YPF: What’s The New Plan?
June 6th, 2012
Via The Financial Times, a look at Argentina’s plans for YPF: YPF, the Argentine oil company, has a new owner (the Argentine state); a new logo (complete with the Argentine flag) and, as the pro-government Tiempo Argentina newspaper put it, a new “dream team” of savvy professionals to run it. So the big question now […]
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.