As Exxon Pumps Guyana’s Oil, China Is Winning Battle for Influence
September 26th, 2024
Courtesy of the Wall Street Journal, a look at how Chinese companies are investing heavily in the South American country, home to the largest oil find in a generation: More than 100 miles off the coast of Guyana, Exxon Mobil is pumping hundreds of thousands of barrels every day from a gargantuan oil discovery that is transforming the […]
Read more »‘Will You Stop Exploring Yours?’: Latin America Forges Ahead on New Oil Frontier
July 15th, 2024
Courtesy of The Guardian, a report on Latin America where about half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has: His raised hands dirty […]
Read more »Saudi Arabia Courts Latin America and the Caribbean
June 9th, 2024
Via The Americas Quarterly, a report on Saudi Arabia’s increased engagement with Latina America and the Caribbean: Last November, a group of Caribbean dignitaries departed from Barbados and Miami in two private jets headed for Riyadh. Following the inaugural CARICOM-Saudi Arabia Summit, they returned with a $2.5 billion investment commitment for Caribbean development. The pledge, announced by Guyana’s President Irfaan Ali, was […]
Read more »Guyana Economic Growth Estimates: 25%-30% Annually ‘Very Conservative’
December 13th, 2023
Via Business Insider, an article on how Guyana’s economic growth estimates of 25%-30% a year are ‘very conservative’ amid oil production boom, President Ali says: Estimates that Guyana’s economy will grow between 25% to 30% are “very conservative,” Guyana’s president said. Oil production continues to boom, heading towards of 1.2 million barrels a day. “There […]
Read more »China Boosts BRI Talks With Indonesia, Guyana and Georgia
August 8th, 2023
Via the South China Morning Post, a report on China’s outreach to Indonesia, Guyana, and Georgia: The global infrastructure strategy is Chinese president’s main talking point during meetings with Joko Widodo, Irfaan Ali and Irakli Garibashvili Xi also discusses the plan with leaders of Mauritania and Burundi on sidelines of World University Games in Chengdu […]
Read more »Guyana, Exxon, and the Making of a New Petro State
June 23rd, 2023
Via The Intercept, commentary on how – while Guyana is poised to become Exxon’s top global oil producer – some view what has been happening over the past five years as emblematic of a broader wave of extractive colonialism playing out in countries across the Global South: GUYANA’S HIGH COURT handed down a historic ruling […]
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.