Iranian Oil Swaps
September 3rd, 2007
An interesting analysis of Iran’s efforts to seek out oil swaps via John C.K. Daly and Energy Daily. As Daly points out, five nations share the Caspian’s coastline — Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran — and, when the Kashagan field comes online, there will be an enormous disparity between production and transit capabilities that […]
Read more »CNOOC Defends Its African Strategy
August 29th, 2007
CNOOC defended its drive for oil in Africa in today’s Financial Times, such as its deal last year when it and South Atlantic Petroleum paid $2.7bn for a 45 per cent stake in Nigeria’s Akpo field. According to the article, CNOOC expects the deep-water Akpo field to begin production by late 2008, and to have […]
Read more »China’s Second West-East Pipeline Project
August 29th, 2007
From RIA Novosti via Energy Daily, I noticed that The China National Petroleum Corporation (CNPC) will finance the construction of a pipeline across China, to supply Central Asian gas to the country’s south and east. “…The 7,000 km (4,349 mile) pipeline with design capacity of 30 billion cubic meters per year is expected to go […]
Read more »Azerbaijan’s Contract(s) of the Century
August 26th, 2007
Enjoyed this interesting analysis of the Caspian pipeline wars. We have discussed the Trans-Caspian Pipline Project in earlier posts but, in this report, John C. K. Daly takes a close look at Azerbaijan’s future promise and potential perils related to the development of its oil and natural gas resources. Was particularly interested in some of […]
Read more »A Future SCO Energy Club and China’s Increasingly Close Ties with Kazakhstan
August 24th, 2007
As noted in a recent Central Asia News article, China and Kazakhstan signed several bilateral agreements during the visit of Chinese President Hu Jintao, which some observers and analysts say will galvanize the development of Kazakh-Chinese relations. Among the most notable were agreements on: “…an extension of the Sino-Kazakh Atasu-Alashankou oil pipeline, linking mainland China […]
Read more »Chinese Carmaker Moves into Iran
August 15th, 2007
Noticed this on Automotive World, and was struck by two things. First, it is just yet another example of China reaching out to smaller developing markets, especially those “off-limits” to the west for various reasons. And, second, the joint venture’s annual output – up to 200,000 cars – is a large number that indicates the […]
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.