The Shell-Backed Gas Project Poised To Profit Iran
May 14th, 2023
Courtesy of The Financial Times, an article on Shell’s Iraqi joint venture which will draw power from plant whose revenues mostly flow to a Tehran-based company: An Iranian company is the biggest beneficiary of a power plant poised to supply a Shell-backed gas project in Iraq, showing the pervasive presence of Tehran’s business interests in […]
Read more »Iraq: Key Destination For Chinese Investment
April 15th, 2023
Via Geo Politics in South Asia and MENA, a report on Chinese investment in Iraq: In recent years, Iraq has become one of the leading destinations for Chinese investments in the Middle East and a crucial link in Beijing’s Belt and Road Initiative (BRI). To capitalize on its geostrategic location and central position within the […]
Read more »Iraq Skiing: Double Black Diamond in the Rough
March 4th, 2023
Courtesy of Air Mail, an article on how – for those brave souls willing to make the journey – the Iraq Ski Rally offers untouched slopes and striking vistas: About 330 winding, transmission-straining miles north of Baghdad’s Green Zone, in the autonomous Kurdistan region of Iraq, Iraqi Kurds, and a few foreigners, are re-discovering skiing […]
Read more »Iraq Economy Reels as U.S. Moves Against Money Flows to Iran
January 22nd, 2023
Courtesy of the Wall Street Journal, a report on the impact of recent New York Fed’s change in policy toward Iraqi dollar-denominated financial transactions: Iraqis are blaming an unexpected culprit for a weakening currency that has caused the price of food and imported goods to rise: a little-noticed policy change by the U.S. Treasury and the Federal […]
Read more »Iran Strengthens Political, Economic Hold Over Iraq
December 13th, 2022
Via Oil & Gas Daily, an article on Iran’s growing influence over Iraq: Sanctions-hit Iran is consolidating its hold over neighbouring Iraq, an economic lifeline where pro-Tehran parties dominate politics, all to the chagrin of the United States, experts say. For years, Iraq has been caught in a delicate balancing act between its two main […]
Read more »Saudi Wealth Fund Plans to Invest $24 Billion in Regional States
October 26th, 2022
Via Bloomberg, a report on Saudi plans to invest in MENA countries: Saudi Arabia’s sovereign wealth fund plans to invest $24 billion in Middle Eastern and North African countries as the oil-rich kingdom seeks to bolster regional economies. The Public Investment Fund plans to set up companies to invest in Bahrain, Oman, Jordan, Iraq and Sudan, according to […]
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.