Archive for the ‘Cuba’ Category

Cuba’s New Mantra: Viva Private Business

Via Emerging Frontiers blog, a report on Cuba: Socialism has been Cuba’s official economic policy for more than a half-century, and some 85 percent of the Cuban workforce is employed by the state. But that is changing fast. Communist authorities say that nearly half of Cuba’s economic activity will shift to the private or “non-state” […]

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The Politics Of Drilling In The Dark Zone

Courtesy of Foreign Policy’s Oil and The Glory, a look at exploration efforts in Cuba and Venezuela: In late January, Spain’s Repsol began drilling in the Northbelt Thrust, a stretch of the offshore Caribbean that may contain 6 billion barrels of oil. Between now and next month, Repsol will learn whether its part of the […]

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Venecuba

Via The Financial Times, an interesting article on the tight relationship between Cuba and Venezuela” “…When Hugo Chávez recently took his third round of chemotherapy, the Venezuelan president opted to do so in Caracas rather than in Havana, where he had received previous treatments for his undisclosed type of cancer. For some, this was a […]

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Russia and Cuba: Plans To Cooperate On Offshore Oil Exploration

Via The Financial Times, a report that Russia and Cuba have signed contracts that ”set the bases” for Russian oil company Zarubezhneft to search for oil in Cuba’s part of the Gulf of Mexico.  As the article notes: “…In its online edition, Communist Party newspaper Granma said four oil-related contracts had been signed during a […]

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Cuba’s Black Gold…

Via Energy Daily, details on Cuba’s recent efforts to negotiate oil exploration and production deals with Russia, China and Angola, with its focus on Moscow shaping up as the partnership that could make the communist island nation energy self-sufficient.  As the article notes: “…The Cuban oil industry’s venturing out into deep sea waters in the […]

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Cuba and Brazil: Cooperating on Offshore Exploration

As ably reported by the St. Petersburg Times, Brazilian president Inacio Lula da Silva recently signed an agreement between his country’s state oil company, Petrobras, and its Cuban counterpart, Cupet, to explore for oil in waters off Cuba’s north coast.  As the article notes: “…Details on the oil agreement have not yet been made public. […]

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WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.