There’s No Drought in Panama Canal Plans
February 10th, 2024
Via the Washington Post, commentary on long-term plans for the Panama Canal: Environmental impact is an urgent issue, and, as noted in the Jan. 26 editorial, “A dry Panama Canal shows what’s ahead — everywhere,” the Panama Canal has been affected, as have other water routes, including the Rhine, Amazon and Mississippi rivers. The Panama […]
Read more »China Plans To Spend $1B To Revamp Tanzania-Zambia Railway
February 10th, 2024
Via South China Morning Post, a report that China plans to spend US$1 billion to revamp Tanzania-Zambia railway in race to control critical mineral trade routes: The Tazara rail line, first built in the 1970s with Chinese funding, will be updated through public-private partnership The project connecting Zambian copper belt with Dar es Salaam will compete […]
Read more »Unprecedented Plan To Use Russia’s Frozen Assets To Rebuild Ukraine
February 10th, 2024
Via Axios, an article on an unprecedented plan for Russia’s frozen assets to rebuild Ukraine: Belgium’s government is shopping around an avant-garde solution to Ukraine’s money problems, now that further direct aid to the country seems all but dead in the U.S. Congress. Why it matters: The war has dragged on — this month marks two years. Ideas that […]
Read more »India’s ONGC Videsh to Get Some Oil from Venezuela In Lieu of $600M Dividend
February 10th, 2024
Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »Zambian President Calls US-Backed Rail Once-in-Lifetime Break for Nation
February 9th, 2024
Courtesy of Bloomberg, an article on the Lobito Corridor: Lobito corridor project will connect Zambia to Angola port Line will compete with another one that China is investing in Zambian President Hakainde Hichilema said a US-backed project to connect Zambia’s copper mines to an Angolan port offers the nation a “once-in-a-lifetime” opportunity. The project will link mining […]
Read more »In Ethiopia, Chinese Bitcoin Miners Find a Xanadu
February 9th, 2024
Courtesy of Bloomberg, an article on how cheap power and friendly relations with China have made the Horn of Africa country a top pick for Chinese Bitcoin miners: Last spring, cargo containers began appearing near electricity substations connected to the recently built Grand Ethiopian Renaissance Dam, Africa’s largest. Inside were stacks of powerful, energy-guzzling computers. It […]
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.