Gazprom, Libya, and Possibility of a Gas OPEC
May 7th, 2008
Via Robert Amsterdam, a very insightful look into recent activities by Gazprom, Libya, and possibility of a Gas OPEC. While some analysts have been skeptical about a possible gas cartel given the regional markets aspect of natural gas (which means that prices on the spot market could never be manipulated by production quotas as they […]
Read more »A Scramble to Exploit Africa’s Significant Gas Reserves
January 28th, 2008
As reported in a recent Financial Times article, with Europe concerned over Russia’s political motives in exploiting its energy wealth and big international companies shut out or deterred from investing in the Middle East, many eyes have turned to Africa in the hope of securing future supplies of gas. However, as companies scramble to gain […]
Read more »Africa: A to Z(TE)
January 12th, 2008
Via Stratfor (subscription required), an interesting look at the plans for Chinese telecommunications equipment company ZTE and Libya’s telecom regulator to build the first-ever WiMAX wireless commercial data network in Africa. While the project is intriguing in and of itself, of more note is the fact that this an early example of the coming wave […]
Read more »Off The Map In Africa – Balancing Political Risk With Geological Risk
January 11th, 2008
Going to take a break from discussions of supermajors and the New Seven Sisters for one post to highlight an interesting article from Canada’s Globe and Mail introducing a small Toronto Stock Exchange-listed company, Addax Petroleum — Canada’s fifth-largest offshore oil producer (it has no domestic Canadian production), the biggest independent producer in Nigeria and […]
Read more »Libya’s (Petro) Can-Do Approach
December 10th, 2007
As reported in The Globe and Mail, Petro-Canada signed a US$7-billion deal with the Libyan National Oil Company on energy production sharing in the North African country. Under the agreements (which have a 30-year term), Petro-Canada will pay 50 per cent of development capital costs and receive a 12 per cent share of production. Additionally, […]
Read more »France: Banking on North Africa
November 29th, 2007
As recently reported in the Wall Street Journal, France has followed China’s lead as a nation looking at banking opportunities in Africa. As the article notes: “…The top three French banks by market value- BNP Paribas SA, Société Générale and Crédit Agricole SA-are already active in most of the region. Additional acquisitions in countries such […]
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.