Foreign Firms Able To Own Iranian State Companies
June 30th, 2008
Via Stratfor (subscription required), news that Iran will begin to allow foreign firms to buy unlimited shares in Iranian state-run companies that are in the process of being sold off, with the potential for purchasing full ownership. According to the report: “…As part of liberalization efforts in the country, Iran will no longer distinguish between […]
Read more »Iran
June 26th, 2008
Via Arabian Business, an interesting look at Iran’s petroleum and shipping sectors. As the article notes: “…According to most independent analysis, Iran has proven oil reserves of around 136 billion barrels, with 40 production sites – 27 of which are onshore and 13 offshore. In 2006 Iran produced 3.8 million bbl/d of crude oil, equal […]
Read more »Azerbaijan-Russia-Iran Railway Corridor
June 20th, 2008
From Today.az, news that the construction of the Kazvin-Resht-Astara railroad is scheduled for completion in 2012. As the article notes: “…the Azerbaijan-Russia-Iran meeting of the work groups, engaged in the implementation of the international North-South transport corridor finished in Baku yesterday. At the session the Iranian side informed about work conducted in the construction of […]
Read more »Indian Firms Invest in Iranian Oil
June 16th, 2008
India’s Economic Times recently reported that a consortium of public sector oil companies — ONGC Videsh (OVL), Indian Oil Corporation (IOC) and Oil India (OIL) — has proposed to invest $3 billion to develop Farsi block in Iran where they have found 12.8 trillion cubic feet (tcf) of gas. As the article notes: “…The block […]
Read more »A Knot of Pipeline Projects/Proposals: The Caspian Conundrum
June 13th, 2008
Via Radio Free Europe, an insightful look at the multitude of Caspian pipeline projects that leaders of the Caspian Sea littoral states — Azerbaijan, Russia, Kazakhstan, Turkmenistan, and Iran — and others such as the EU and U.S. are discussing, debating, funding, and developing. As the article notes: “…we are in the middle of a […]
Read more »Iran’s Oil: Bounty & Curse
June 8th, 2008
Via AFP, an interesting brief examination of a century of oil in Iran, with a particular focus on how subsidies & mismanagement is preventing the country from realizing the potential of either its oil riches or its gas reserves, the second-largest in the world. As the article notes: “…It was just before dawn on May […]
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.