IBSA a bird, it’s a plane, it’s the Race for Resources (Africa Edition)….
October 18th, 2007
Via Stratfor (subscription required), an interesting analysis of the second India-Brazil-South Africa (IBSA) summit held on Oct. 15-17, most notably IBSA’s influence in Africa and its potential role in the growing competition between India and China for Africa’s oil: “…India, Brazil and South Africa lack Western countries’ and China’s capital and investment capabilities and will […]
Read more »Strategic Energy Transportation Corridor: Russia, Kazakhstan, and Turkmenistan
October 13th, 2007
Interesting analysis by John C.K. Daly about some possible projects that would see Russia gain the upper hand in the race to exploit the Caspian’s vast energy reserves, lead to the end of cheap Eurasian natural gas, and dramatically undermine the impact of American sanctions on Iran. “…Kazakh President Nursultan Nazarbayev provided more details about […]
Read more »China: Into Africa (continued)
October 13th, 2007
Via Energy Daily, news that China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad. Just a further example of China push into Africa’s oil & gas sector. Curious as to why other countries are not as aggressive on this continent. “A subsidiary of CNPC, […]
Read more »The Race for Turkmenistan’s Reserves
September 16th, 2007
While Kazakhstan gets most of the press, perhaps the most interesting country in Central Asia – from a strategic hydrocarbon reserve perspective – is Turkmenistan. As this article notes, Turkmenistan’s vast natural gas stores are spurring a scramble between Russia, China, the U.S. and Europe for access to its reserves. “…Executives from Chevron Corp., Royal […]
Read more »Venezuela and China Increase Ties
September 13th, 2007
Today’s Energy Daily reports that Venezuela and China are expanding their oil ties, with their respective state petroleum companies stating that they will spend more than $10 billion to develop the oil-rich Faja del Orinoco region. President Hugo Chavez also said earlier this week Venezuelan state-owned energy firm PDVSA would collaborate with China National Petroleum […]
Read more »Dubai(‘s) World?
September 12th, 2007
Given the continued prosperity and ascendancy of Dubai & the United Arab Emirates, it will be important to watch their local firms expand globally. The WSJ recently offered an interesting look at Dubai World, the business and investment holding arm of the Dubai government which has invested more than $30 billion in real-estate projects abroad, […]
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.