$5B Global Trade In Smuggled Fuel, Mostly From Russia
February 8th, 2024
Courtesy of Bloomberg, a report on the estimated $5 billion trade in smuggled fuel — much of it coming from Russia: On a clear morning in September 2022, the Queen Majeda, a faded blue and white tanker loaded with marine gas oil worth more than $2 million, left the Libyan port of Benghazi and set off for Porto […]
Read more »Russia Steps Up Competition in Africa
January 11th, 2024
Via Foreign Policy Research Institute, a look at Russia’s efforts to step up its presence, and competitive position (both economically and militarily), in Africa: BOTTOM LINE The Kremlin is taking up the mantle of Wagner Group after Yevgeny Prigozhin’s death, and is now moving to compete directly with the West in Africa, particularly in the […]
Read more »The World’s Least Liveable Cities are Starting to Improve
August 1st, 2023
Via The Economist, a report on how cities in the Middle East and Africa currently remain at the bottom of EIU’s liveability index, but their scores are going up: Egypt’s government worries that its citizens may get trapped in their lifts. Frequent power outages in Cairo, the capital, during the sweltering summer months mean that […]
Read more »Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand
April 23rd, 2023
Courtesy of The Wall Street Journal, a report on how Halliburton and Honeywell are in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria: After years of underinvestment in North Africa’s energy infrastructure, global oil-and-gas giants from Halliburton Co. and Chevron Corp. to Eni SpA are […]
Read more »Africa’s Share of Global Gas Supply Will Almost Double by 2050
February 14th, 2023
Via Quartz, an report that Africa will be responsible for over 11% of all gas supplies by 2050: Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from […]
Read more »Top 10 African Countries With The Highest GDP Projections for 2023
February 10th, 2023
Via Business Insider Africa, a report on African GDP projections for 2023: Business Insider presents the top 10 African countries with the highest GDP projections for 2023. This list is courtesy of a bi annual report from the Africa Development Bank. The bank notes that Africa would perform better economically, than what has been predicted […]
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.