The Future of Petronas: Pemex or Petrobras?
June 13th, 2008
As reported by Stratfor (subscription required), Malaysia’s energy giant Petronas could go broke within a decade if the government takes all of its profits under a new tax scheme, the company’s president and chief executive Tan Sri Hassan Marican recently said. Although Petronas would not be the first Asian energy major to bow under soaring […]
Read more »Petronas’ Dream Contracts in Uzbekistan: Results of Long-term Planning & Engagement
February 11th, 2008
As adroitly noted in Energy Daily, Malaysia’s Petronas (one of the New “Seven Sisters” which more than ten years ago was already working in Turkmenistan, another hydrocarbon rich nation that Western companies only recently began exploring) seems set to repeat its success in the one Central Asian country with immense potential that has been largely […]
Read more »Iran: Go East Young Man
January 20th, 2008
As noted several weeks ago, Iran’s Pars Oil & Gas struck a $16 billion deal with SKS Ventures, a subsidiary of Malaysia’s Al-Bukhari Foundation, to develop the Golshan and Ferdowsi gas fields in southern Iran. This agreement was in line with the national policy to attract investments in oil and gas sector from non-Western, especially […]
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.