New Sister Secrets: In Depth Analysis of Pemex, PDVSA, and Petrobras
August 18th, 2009
Via The Oil & Gas Journal, an in-depth comparison of Mexico’s Petroleos Mexicanos (Pemex), Venezuela’s Petroleos de Venezuela SA (PDVSA), and Brazil’s Petroleo Brasileiro SA (Petrobras), the most talked-about and likely the most influential National Oil Companies (NOCs) in the Western Hemisphere and three of the New Seven Sisters. As the article notes: “…Pemex and […]
Read more »Pemex: Coming Up Dry?
July 17th, 2009
Via RigZone, more pessimistic news on Pemex. As the report notes: “…Mexican oil giant Petroleos Mexicanos is struggling to meet an ambitious $20 billion investment plan for this year after it nearly quadrupled capital expenditures over the past decade. Pemex, as the state-run company is known, needs to find new pools of oil to replace […]
Read more »Pemex: Unable to Reverse Its Accelerating Production Decline
January 21st, 2009
Via Stratfor (subscription required), an interesting analysis of Petroleos Mexicanos’ (Pemex) continued production woes. As the article notes “…Oil output … dropped 9 percent in 2008 to about 2.8 million barrels per day (bpd). This is down from 3.08 million bpd in 2007, and from Pemex’s all-time high of about 3.8 million bpd in 2004. […]
Read more »Latin America 2009
January 2nd, 2009
Via NuWire Investor, an interesting analysis of investment & economic prospects in Latin America. As the article notes The “right” Latin America will thrive in the New Year, fueled by ts own growth—with an assist from the continued hot growth from China—while the “wrong” Latin America will get left behind. The second phase of emerging […]
Read more »Brazil Surpasses Mexico
October 15th, 2008
As reported by The Energy Tribune, Brazil now outshines a number of other Latin American countries in new regional petroleum reserve rankings. As the article notes: “…For the first time, Brazil has surpassed Mexico in terms of proved oil reserves, according to the country’s hydrocarbons regulator, A.N.P. Brazil boasted 12.6 billion barrels at the end […]
Read more »Pemex: Mexico’s Last Resort
July 23rd, 2008
From Stratfor (subscription required), an excellent analysis of Mexico’s Petroleos Mexicanos (Pemex) turning to its last resort to prevent Mexico from becoming a net oil importer within a decade, namely its announcement that the company may start drilling for crude oil abroad if the government fails to ease legislation to allow foreign energy partners into […]
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.