Papua New Guinea in Advanced Talks with Chinese Banks to Fund LNG Megaprojects
December 17th, 2023
Courtesy of Reuters, a report that Papua New Guinea is in advanced talks with Chinese banks to fund its stakes in LNG megaprojects: Papua New Guinea’s state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG) projects in the country, a senior […]
Read more »Google Will Run Internet Cables To Pacific Islands
October 25th, 2023
Via Australia’s Financial Review, a report that Google signed a $102m Aussie-US deal to run internet cables to Pacific islands: Alphabet’s Google will run undersea cables powering internet access to at least eight Pacific island nations under a joint US-Australian deal set to be announced on Wednesday, according to a US official. The deal will […]
Read more »TotalEnergies Plots Drilling Giant Prospect Off Papua New Guinea Coast
July 27th, 2023
Via Upstream Online, a report on TotalEnergies’ plans to explore a potentially giant prospect offshore Papua New Guinea: French supermajor TotalEnergies is planning in 2024 to eventually drill a high-impact potentially giant prospect offshore Papua New Guinea, the spudding of which has already been derailed for some four years — not least because of the […]
Read more »China Woos Papua New Guinea with Free Trade Push
July 18th, 2023
Courtesy of Nikkei Asia, an article on how Beijing is leveraging Papua New Guinea’s frustrations over economic ties with U.S., Australia: China is bolstering economic ties with Papua New Guinea as the Pacific nation seeks to expand trade with the world’s second-largest economy even while deepening military cooperation with the U.S. The state-owned Bank of […]
Read more »America Is Winning Against China in Oceania
June 2nd, 2023
Courtesy of Foreign Policy, analysis on why there may be less to Beijing’s security gains in the Pacific than meets the eye: April 20, 2022, was a dark day for the United States in Oceania. On that day, China signed its first-ever security agreement in the South Pacific, with the Solomon Islands authorizing Chinese navy […]
Read more »As U.S. Competes With China, It Seals 3 deals in Pacific Islands
May 31st, 2023
Courtesy of Axios, an article on three recent US deals with Pacific Island states: A U.S. diplomatic offensive to counter China’s growing clout in the Pacific Islands appears to be paying dividends, with three agreements sealed within 48 hours. The big picture: The Biden administration has focused far more attention on the Pacific islands — […]
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.