KazMunaiGas and Shell Team Up For Kashagan Oil
September 22nd, 2008
According to Reuters, Kazakh state oil company KazMunaiGas will create a joint venture with Royal Dutch Shell to handle the production segment of the Kashagan oilfield. As noted in the article: “…Energy Minister Sauat Mynbayev said KazMunaiGas would take over production-related operations at Kashagan in five years and join its new operational structure, according to […]
Read more »Gazprom’s South American Deals
September 22nd, 2008
Via The Moscow Times, a report that Gazprom was among eight companies that signed deals to develop offshore gas fields with state-owned Petroleos de Venezuela. As the article notes: “…The deals included U.S.-based Chevron, Italy’s Eni, Portugal’s GALP Energia, Qatar Petroleum, Malaysia’s Petronas, Argentina’s Enarsa and Japanese companies Mitsui, Mitsubishi and Itochu, in a sign […]
Read more »Iran and Turkey: Increasing Maritime Cooperation
September 20th, 2008
Via Energy Daily, an interesting report on that Iran and Turkey have recently signed a memorandum of understanding on maritime cooperation. As the article notes, while this – at first glance – might seem a minor news item, it has – in fact – great potential commercial and military significance, as both countries not only […]
Read more »Sun Is Shining on Morocco, Tunisia, and Lebanon
September 19th, 2008
Interesting perspective from Portfolio Magazine, noting that Morocco, Tunisia, and Lebanon are the only countries among 70 tracked by the MSCI that have stock markets in positive territory this year. As the article notes, it is nice to know the sun is shining somewhere!
Read more »Libya
September 18th, 2008
Via The Oil Drum, an excellent analysis of Libya’s oil production and consumption patterns, plus some projections going forward. As the article notes: “…The country’s oil production has steadily increased since sanctions where lifted, now approaching 1.9 Mb/d. In the first part of September 2008, Libya received an official visit from US secretary of state […]
Read more »Iran’s Options
September 17th, 2008
Via Stratfor (subscription required), an interesting analysis on Iran’s option of “cozying up” to Moscow and using that relationship as leverage in talks with the West, or potentially considering Western offers of accommodations and an energy relationship. As the article notes “…Russia’s resurgence and subsequent confrontation with the West over the intervention in Georgia has […]
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.