Persian Gulf States Boom With Billionaires, Beyoncé and Bling
May 20th, 2023
Courtesy of Wall Street Journal, a look at how oil-rich Gulf countries have become a magnet for global wealth, and they’re trying new strategies to keep the good times rolling: Sports stars, tech billionaires and influencers arrive on more than 30 charter flights a day at this Persian Gulf emirate’s main private-jet terminal, where traffic […]
Read more »Egypt Struggles To Lure Gulf Buyers In State Asset Sell-Off
April 30th, 2023
Courtesy of The Financial Times, an article on how Cairo’s allies have shifted from handing out traditional support to seeking commercial deals and demanding reforms: Egypt is struggling to sell off state assets in its effort to ease a foreign currency and funding crisis, as Cairo’s traditional Gulf allies toughen their approach to supporting the […]
Read more »Qatar Gives China Share of Landmark Natural Gas Field
April 14th, 2023
Via Oil and Gas Daily, a report on a recent Qatari decision to give China a share of landmark natural gas field: Chinese oil giant Sinopec on Wednesday became the first Asian firm to get a stake in Qatar’s expansion of North Field East, the Gulf country’s energy company announced. North Field contains the world’s […]
Read more »The New Bankers to the World Aren’t on Wall Street
January 18th, 2023
Via Bloomberg, an interesting report on how Middle East sovereign funds spent almost $89 billion globally last year, with deal makers using their wealth to diversify their economies and win geopolitical influence: When Credit Suisse Group AG, Sam Bankman-Fried and Asia’s richest men were hunting for funds in recent months, they all turned to the same place — […]
Read more »China Seals One of the Biggest LNG Deals Ever With Qatar
November 22nd, 2022
Via Bloomberg, an article on a recent LNG agreement between China and Qatar: China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled […]
Read more »QatarEnergy: The Company Behind World Cup Host’s Wealth
November 18th, 2022
Courtesy of The Financial Times, a report on ho a bold bet on gas turned a struggling state group into one of the most important global resources companies: Saad al-Kaabi, Qatar’s energy minister and chief executive of its national oil and gas group, has criss-crossed the globe in recent weeks, travelling from Namibia to Guyana, […]
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.