North Korea’s Future Exports?
December 15th, 2007
As noted in Portfolio, North Korea is increasing its production of exportable goods in advance of what some feel will be a more relaxed trade environment in future months. Last year, North Korea sold $1.75 billion worth of products abroad, to such buyers as China and the European Union. As the article speculates, future North […]
Read more »Pipelines: Carrying Oil and A New Balance of Power from Kazakhstan Towards China
December 11th, 2007
Via Stratfor (subscription required), an excellent analysis of how the balance of power between China, Russia and the United States will change now that ground has been broken on the final portion of a pipeline linking the massive energy reserves of the Caspian Sea directly to China (namely the pipeline connecting the Kazakh cities of […]
Read more »A Gazprom State?
December 11th, 2007
As always, highly interesting analysis from Steve Levine at Oil & Glory, this time on Russia’s use of Gazprom as one of its spear points of foreign policy. As the article notes: “…Through its control of natural gas pipelines , Gazprom is the instrument of Russian influence in its former colonies in Central Asia, the […]
Read more »Middle Eastern Markets
December 11th, 2007
Via Bloomberg, an interesting review of the equity markets in Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman where – as oil revenues spur construction and increase demand – profit growth is projected to exceed other emerging markets around the word. As the article notes: “… The MSCI GCC Countries Index of […]
Read more »Getting a Unified Economy on Track…
December 11th, 2007
As reported by The International Herald Tribune, North and South Korea began regular cargo train service across their heavily armed border Tuesday for the first time in more than a half century. While I do not think that the 12-car train or the construction materials, shoes, underwear and other items will make a marked difference […]
Read more »Astana’s Brinksmanship: MangistauMunayGaz’s Lessons of Petrocracy
December 11th, 2007
As noted in Energy Daily, Kazakh Prime Minister Karim Masimov recently disclosed that he had sanctioned KazMunayGaz’s planned purchase of a major stake of MangistauMunayGaz, a move that would give the state-owned oil company shareholder veto power over company decisions, further diluting the power of Western investors. What this consolidation will mean both for the […]
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.