Saudi Aramco Acquires $3.4B Stake in a China Petrochemical Firm
July 21st, 2023
Via Al Monitor, a report that the world’s biggest oil exporter is making further inroads in China, Saudi Arabia’s top customer for crude: Saudi Aramco has acquired a 10% stake in China’s Rongsheng Petrochemical Co. Ltd. for 24.6 billion renminbi ($3.4 billion), through its subsidiary Aramco Overseas Company BV, based in the Netherlands, the world’s biggest […]
Read more »India to Help Develop a Port and Economic Hub in Sri Lanka
July 21st, 2023
Via The Frontier Post, an article on India’s plans to help develop a port and economic hub in Sri Lanka: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between […]
Read more »How Saudi Arabia is Buying the World
July 21st, 2023
Via The New Statesman, a look at how how Saudi Arabia’s model of capitalism without democracy thrives and the prospect of a Saudi century has consequences for us all: Illustration by Spooky Pooka At the centre of the 2018 blockbuster film Black Panther is Wakanda, a hyper-modern civilisation on the African continent kept from the modern world […]
Read more »The Only Thing Keeping South Africa From Chaos Is Its Private Sector
July 20th, 2023
Courtesy of Bloomberg, a report on how corruption, government incompetence and policy paralysis risk turning Africa’s most-industrialized nation into a failing state, leaving the ANC struggling to hang on to power: On a recent sunny afternoon, Joshua Radebe patted down asphalt into a neatly filled pothole on a busy Johannesburg street as a motorist tooted […]
Read more »Saudi Arabia to Give Tunisia $500M Amid Economic Crisis
July 20th, 2023
Via Al Monitor, an article on Tunisia’s economic lifeline from Saudi Arabia as it continues to seek help from the kingdom as well as the EU and the IMF as it battles debt and inflation: Saudi Arabia announced $500 million in assistance to Tunisia on Thursday as the North African country continues to struggle with an economic and […]
Read more »Angolan Airport Set to Become Symbol of BRI
July 20th, 2023
Via China Daily News, a report on China’s support of Angola’s aviation industry: Aviation Industry Corp of China, the nation’s leading aircraft maker that has sold many jets and helicopters to Africa, is helping an African nation build one of the largest airports on the continent. The Dr. Antonio Agostinho Neto International Airport in Luanda, […]
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.