Russia’s Great Leap Eastward
February 27th, 2009
Via the Associated Press, an interesting look at Russia’s recent deals with China and Japan. As the article notes: “…The ruble is dropping, oil production is declining, foreign capital is fleeing, currency reserves are dwindling. Short-term, the Kremlin is struggling to deal with the worst economic crisis in a decade. Long-term, though, the Kremlin appears […]
Read more »Medium Term Geopolitical Power of Oil: Tilting Towards Asian/Chinese Financiers
February 24th, 2009
We’ve tracked the series of long term oil deals being signed by the Chinese around the world (most recently, in Brazil & Russia) and now Steve LeVine (via Business Week) has provided an analytical piece explaining how the current underinvestment in production is going to lead to another boom cycle in prices – however this […]
Read more »China’s Long Term Strategy in Africa Defies Current Market Woes
February 23rd, 2009
Via Africa Asia Confidential, an in depth analysis of China’s growing relationship with Liberia, which is expanding into Guinea and Sierra Leone. As the article notes: “…The US$2.68 billion agreement signed by China Union’s Chief Executive Yin Fuyou and Liberian President Ellen Johnson Sirleaf on 19 January to restart iron ore production at the old […]
Read more »China’s Crude Finance – China & Brazil Con(Tango)
February 20th, 2009
Via Stratfor (subscription required), a close look at the most recent of China’s yuan-for-resources initiatives. As the article notes: “…Jose Sergio Gabrielli, the chief executive of Brazilian state oil firm Petroleo Brasileiro SA (Petrobras), has announced a pending deal with the China Development Bank. Under the rough sketch of the deal that has been released, […]
Read more »China, Russia, and ESPO: Was This A Deal of Desperation?
February 18th, 2009
Via Stratfor (subscription required), insightful analysis of the recent deal between China and Russia that will give Russian energy firms Transneft and Rosneft loans to increase East Siberian oil field development and production and to connect the Eastern Siberia-Pacific Ocean pipeline to China. In return, China will receive about 300,000 barrels per day of oil […]
Read more »China and Russia Agree on Oil Sector Loans
February 17th, 2009
Via The Financial Post, a report that Russia signed its biggest ever energy deal with China, under which its oil companies will receive US$25-billion in loans in exchange for long-term crude supplies. As the article notes:. “…The source said state oil champion Rosneft and pipeline monopoly Transneft signed a long-delayed deal to borrow the money […]
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.