Cuba Hoping To Kickstart Offshore Oil & Gas Industry
July 23rd, 2015
Via Stasha Macro World, an interesting look at Cuba’s effort to kickstart its offshore petroleum activities: The Cuban oil company Cubapetroleo, or Cupet, is close to a deal with Angola’s state-run Sonangol to get Cuba’s deepwater energy exploration program up and running three years after work was suspended because of failure to find any oil […]
Read more »China: Betting On North Korea In Gamble To Save Its Rustbelt
July 22nd, 2015
Courtesy of Business Insider, an interesting look at China’s plans to utilize North Korea as part of its strategy to revitalize its NE rustbelt territory: At China’s very farthest limits, a town sandwiched between North Korea and Russia stands at the heart of Beijing’s plan to revitalise its bleak, frigid northeastern rustbelt. Beijing has a […]
Read more »China’s One Belt, One Road Initiative
July 21st, 2015
Via Frontier Strategy Group, an interesting look at China’s “One Belt, One Road” initiative: Ever since Chinese President Xi Jinping proposed to build a cross-regional economic plan in 2013 to strengthen trade and investment partnerships across Asian, European and African markets, China’s “One Belt, One Road” initiative has been attracting worldwide attention with its massive scale […]
Read more »Angola: A New Normal?
July 20th, 2015
Courtesy of Frontier Strategy Group, an updated look at Angola: Since the end of its three-decade long civil conflict in 2002, Angola has registered strong growth fueled by crude oil exports, allowing high public spending and driving the emergence of the country’s consumer class. Since the oil price decline—and quick rebound—of 2009, the government has consistently […]
Read more »Pakistan Prepares To Proceed With Iranian Pipeline Project
July 19th, 2015
Courtesy of the Financial Times, a report on an ambitious pipeline plan between Pakistan and Iran: The removal of economic sanctions on Iran will clear the way for Pakistan to pursue an ambitious gas pipeline for eventually importing up to $2.5bn worth of Iranian gas annually, says Pakistan’s petroleum minister. Pakistan’s energy-starved economy currently has a deficit […]
Read more »North Korean Economy Evolving
July 17th, 2015
Via NK News, a report on North Korea’s economy which notes that service and construction sectors showed remarkable improvement, while primary industry remained stagnant due to last year’s drought: The Bank of (South) Korea on Friday unveiled the North Korean economic growth rate, noting that its gross domestic product increased 1 percent in 2014 from the previous […]
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.