China Continues To Buy Into Africa’s Potential
March 18th, 2009
Via Terra Daily, a report that China is going to increase its investments in Africa. As the article notes: “…China will boost its state-run Africa investment fund by two billion dollars, so as to snap up opportunities left by Western investors leaving the continent, the Financial Times said Tuesday.Since its launch in 2006, the China-Africa […]
Read more »China and Iran: Partners in Yadavaran
March 16th, 2009
Via Radio Liberty, a report on a multibillion-dollar agreement recently concluded between China and Iran to develop the big Yadavaran oilfield in southern Iran. As the article notes: “…The Yadavaran oil field has crude oil reserves estimated at three billion barrels. That appears to be an irresistible statistic for China, whose oil-hungry economy is slated […]
Read more »Venezuela’s Oil: “At The Service of China”
March 16th, 2009
Via Bloomberg, a report that PetroChina Co. and Venezuela will build a refinery in Guangdong province that will rival the biggest Chinese oil-processing plant by capacity as the two nations reinforce their energy ties. As the article notes: “…PetroChina, the country’s largest oil company, will “further realize” the agreements with Venezuela on the 400,000 barrel-a-day […]
Read more »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 »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.