IBSA a bird, it’s a plane, it’s the Race for Resources (Africa Edition)….
October 18th, 2007
Via Stratfor (subscription required), an interesting analysis of the second India-Brazil-South Africa (IBSA) summit held on Oct. 15-17, most notably IBSA’s influence in Africa and its potential role in the growing competition between India and China for Africa’s oil: “…India, Brazil and South Africa lack Western countries’ and China’s capital and investment capabilities and will […]
Read more »The Nigerian Petroleum Co. – Nigeria’s Aramco?
September 14th, 2007
News from the Energy Daily that Nigeria will replace the Nigerian National Petroleum Co. with the Nigerian Petroleum Co., which analysts say will function more like a state-owned oil firm modeled after Saudi Arabia’s Aramco rather than a government agency. “….Nigeria’s energy minister, who only assumed his new post six weeks ago, said foreign oil […]
Read more »CNOOC Defends Its African Strategy
August 29th, 2007
CNOOC defended its drive for oil in Africa in today’s Financial Times, such as its deal last year when it and South Atlantic Petroleum paid $2.7bn for a 45 per cent stake in Nigeria’s Akpo field. According to the article, CNOOC expects the deep-water Akpo field to begin production by late 2008, and to have […]
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.