An OPEC for Natural Gas: Born in South America?
August 26th, 2007
As noted in Xinhua earlier this month, Bolivia, Argentina and Venezuela signed an accord to create the Organization of Gas Producing and Exporting Countries of South America (Opegasur), which is aimed at consolidating their energy alliance. “…The three presidents inked the commitment memorandum for the exploration and exploitation of fossil fuels in the Bolivian provinces […]
Read more »Iran’s Looming Energy “Catastrophe”?
August 24th, 2007
Iran is the Organization of Petroleum Exporting Countries’ (OPEC) number-two crude oil producer, and is also pinning major hopes on its gas reserves, estimated to be the second-largest proven reserves in the world after Russia. However, as noted in this recent Middle East Times article, Iran’s sacked oil minister issued a parting warning to President […]
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 »A ‘China opening’ to Iran?
July 27th, 2007
Have not yet written much on the National Oil Company of Iran but, despite all the negative press, rhetoric, and bashing by both sides, I personally believe that Iran is a market we should examine and watch. To that end, I wanted to direct readers to Jeremi Suri’s very interesting article that appeared earlier this […]
Read more »The Iran-Pakistan-India (IPI) Pipeline
July 17th, 2007
Via RIA Novosti, news that Iran, Pakistan, and India have agreed on a formula for the price of natural gas to be pumped through a pipeline that will link the three countries. According to the report, the deal has “…removed the main obstacle to the signing of a three-way agreement on building the 2,300 km […]
Read more »Should the West Pursue the New Trans Caspian Energy Project?
July 6th, 2007
Enjoyed Vasili Rukhadze’s interesting thoughts on a very strategic issue. You can read his entire article here at Neweurasia.net but, based on his analysis and my own experience in Kazahkstan in the late ’90s, believe his conclusions are very much on the mark: Pursuing the Trans Caspian Energy Project is well worth the investment. A […]
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.