Libya’s Rival NOC Oil Companies Agree To Merge
July 5th, 2016
Courtesy of Reuters, an article on consolidation in the Libyan petroleum sector: Libya’s state energy company National Oil Corporation has agreed to merge with a rival company established in the east by one of the country’s two former competing governments, the NOC said in a statement. The merging of the two NOCs is a positive […]
Read more »Libya’s State Oil Company Declares Independence
March 20th, 2015
Via the Wall Street Journal, a report on Libya’s National Oil Company’s statements of neutrality in the conflict between the government based in Baida and the Libya Dawn movement: Libya’s state-owned National Oil Co. has issued a declaration of independence. The company said on its website Thursday it was neutral in the conflict between an […]
Read more »Oil Companies In The Cross Hairs Of Libyan Violence
February 8th, 2015
Via the Wall Street Journal, a look at how Libya’s violence has upended long-term hydrocarbon investments by Western operators, driving down the nation’s production: The violence roiling Libya has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production in a country that helped trigger the world-wide rout […]
Read more »How Goldman Sachs Rescued Libya
February 3rd, 2014
Via The Daily Beast, a report on a new lawsuit by the Libyan sovereign investment fund which – if it is to be believed — suggests that Wall Street bankers were able to accomplish what decades of sanctions could not—Gaddafi’s downfall: “Geopolitics is now a game best played with financial and commercial weapons. The new […]
Read more »Don’t Be Fooled By Libya: This Is A Failed State – OpEd
October 11th, 2013
Via Oil Price.com, an OpEd on Libya: Gunmen today seized Libyan Prime Minister Ali Zeidan from a hotel in central Tripoli, releasing him shortly afterwards, but making it clear that post-Gaddafi Libya is a failed state and that the government is incapable of taking full control over its oilfields and export terminals. While the markets […]
Read more »Business In Libya: A Post-Qaddafi Pause
October 6th, 2013
Courtesy of The Economist, an interesting article on Libya: A DRIVE down Gargaresh Street in central Tripoli suggests that foreign investors are having a ball in post-revolution Libya. Debenhams, a British department-store chain, opened last month. Young Libyans flock to Cinnabon, an American purveyor of sticky buns that arrived last year. BurgerFuel, a New Zealand […]
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.