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 »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 »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.