Ecuador Gains Help to Maintain Petroleum Production
August 10th, 2008
From Bloomberg, a report that State-owned energy company PetroEcuador and Ivanhoe Energy Inc., a Canadian oil and natural-gas producer, will sign an oil production deal in which Ivanhoe will invest about $4.5 billion over the 30-year lifetime of the agreement to extract crude from the Pungarayacu oil field in the Ecuadorean Amazon. According to the […]
Read more »Sinochem: Hunts for Assets Overseas
August 8th, 2008
Via Energy Daily, news that China’s Sinochem Corp., a state-owned oil trading conglomerate, has entered into an agreement to explore oil and gas in two blocks in Indonesia. As the article notes: “…Sinochem has bought a 20-percent working interest in Merangin II Block and a 40-percent stake in Belida Block, both in oil-rich south Sumatra, […]
Read more »Turkey and Iran: Natural Gas Deal
August 7th, 2008
According to The International Herald Tribune, Turkey and Iran will probably sign a natural gas deal during Iranian President Mahmoud Ahmadinejad’s expected visit to the Turkish capital, Ankara. As the report notes: “…Ahmad Noorani, in charge of economic affairs at the Iranian Embassy in Ankara, said the two countries agreed in May on the construction […]
Read more »Petrobras and Jubarte: Next Stop Jupiter?
August 7th, 2008
From Stratfor, news that Brazilian state oil firm Petroleo Brasileiro (Petrobras) reportedly plans to start production at the Jubarte oil well in the Campos Basin on Aug. 12. While the well’s initial production is expected to be relatively small, the project marks a technological step forward for Petrobras. As the article notes: “…Though this production […]
Read more »City of Silk Rail Network to Link Middle East & China
August 4th, 2008
Via Inhabitat, news that Camassive urban masterplan has been approved for Madinat al-Hareer, or City of Silk, in Subiya, Kuwait. With a budget of £66 billion ($132bn USD), the project is an ambitious endeavor that will provide a rail network between major Middle East cities and China. As the article notes: “…Kuwait, Damascus, Baghdad, and […]
Read more »Russia’s Far Eastern Frontier: Energy as a Political Tool
August 1st, 2008
As recently reported in The Japan Focus, Russia’s Far Eastern frontier is now turning into the place where energy export becomes a political tool in shaping the country’s relations with regional neighbors. China, the two Koreas, and Japan are hungry for energy, natural resources and, at the same time, seek economic and political cooperation. In […]
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.