Libya Pursues Eni
December 9th, 2008
Via The Wall Street Journal, a report that Libya’s state-run energy fund plans to acquire a minority stake in Italian oil and gas company Eni SpA and might push for representation on Eni’s board. According to the article: “…In a phone interview on Sunday from Tripoli, Shokri Ghanem, head of Libya’s National Oil Co., said […]
Read more »Big Goals for Iran’s First Private Oil Producer
January 14th, 2008
Via Shana, news that Arvandan Oil and Gas Co. was busy setting up the first private oil producing company in Iran. What struck me most about the report was the rather audacious production goals this new venture is reported to have set, namely to “…produce seven percent of the world’s oil, to be the world’s […]
Read more »An Iranian Exploration Deal With Italy
January 11th, 2008
Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration. According to […]
Read more »Big Oil: Merging Into the Future?
January 7th, 2008
Having recently examined the possibility of the first Supermajor from the developing world being established (via a link between Angola and Petrobras), we must not forget that Big Oil still exists (even in a marginalized sense). Steve LeVine offers some very interesting thoughts as to what Big Oil may do in light of the rise […]
Read more »More Pipe(line) Dreams? Nabucco’s Future
December 11th, 2007
Via Energy Daily, an excellent review of the proposed Nabucco natural gas pipeline, a 2,050-mile-long, $7.3 billion project connecting the Caspian region, Middle East and Egypt via Turkey, Bulgaria, Romania, Hungary with Austria and further on with the Central and Western European gas markets. As the analysis concludes, the success of the pipeline project rests […]
Read more »Eni’s Cupboards No Longer Burren
December 3rd, 2007
Via the Wall Street Journal, news that Eni SpA has agreed to buy Burren Energy PLC for £1.74 billion ($3.59 billion), boosting Eni’s assets in Congo and giving it a foothold in Turkmenistan. While Eni is not one of the new Seven Sisters, it has executed a very aggressive frontier market strategy as of late, […]
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.