Russia: CPC Down; Kazakhstan-China Pipeline To Go
November 6th, 2008
Via Stratfor, a detailed analysis of the implications arising from Russia increasing its share in the Caspian Pipeline Consortium (CPC) to 31 percent after buying a 7 percent stake from Oman. The Kremlin has now reached its objective in controlling a key east-west oil pipeline in Central Asia, giving Russia even greater leverage in tampering […]
Read more »China’s Confidence in Long Term Value of Oil: Chinese Takeover of Russian Oil
October 30th, 2008
From Robert Amsterdam’s insightful blog, an interesting analysis of recent high level agreements between China and Russia in the energy field. As the article notes “…First let’s review what China is throwing into Russia, and what they expect to receive in return. Under significant pressure to refinance company debt, state-owned oil company Rosneft has managed […]
Read more »The Thirsty Dragon: China Ponders A Pipeline Loan to Russia
October 29th, 2008
Stratfor (subscription required) provided an excellent analysis of the recent discussions between China and Russia over a potential $20 -$25 billion loan to Russian state-owned companies Transneft and Rosneft to build a connector to the Eastern Siberian Pacific Ocean pipeline and ship oil to China. As the article notes: “…China is pondering giving Russia’s state-owned […]
Read more »No Russian Oil Pipeline To China in 2009
October 24th, 2008
Via Energy Daily, a report that a partially built Russian oil pipeline to Asia will not be connected to China in 2009. As noted in the article, a spur planned to be built from the Eastern Siberia-Pacific Ocean (ESPO) pipeline to the Chinese border in 2009 cannot be put into operation next year: “…China has […]
Read more »PetroChina: A Global Growth Strategy Not Admired at Home?
October 22nd, 2008
Via Stratfor (subscription required), an in-depth look at recent consideration by China’s state-owned energy giant PetroChina to acquire smaller foreign energy companies that have been weakened by the global financial contagion. As the article notes, while PetroChina stands to benefit from such acquisitions — as do China’s energy-craving domestic industries and markets — the company’s […]
Read more »China’s Shrewd Long-Term Oil Plan
October 16th, 2008
From Money Morning, a report detailing how – in the author’s eyes -China is Beating the United States in the global oil “game.” As the article notes: “…According to reports from Baghdad, the 22-year deal between the Iraqi government and the China National Petroleum Co. involves $55 billion, or 87% of Iraq’s current total revenue […]
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.