Russia and Cuba: Plans To Cooperate On Offshore Oil Exploration
July 30th, 2009
Via The Financial Times, a report that Russia and Cuba have signed contracts that ”set the bases” for Russian oil company Zarubezhneft to search for oil in Cuba’s part of the Gulf of Mexico. As the article notes: “…In its online edition, Communist Party newspaper Granma said four oil-related contracts had been signed during a […]
Read more »Nabucco: A Pipe Dream Closer To Reality?
July 13th, 2009
Via The New York Times, an update on Austria, Bulgaria, Hungary, Romania, and Turkey’s decision to sign a transit agreement on the Nabucco pipeline, which would stretch 2,000 miles from the Caspian Sea to Austria through Turkey. This project would reduce Europe’s dependence on Russian gas but, despite this latest agreement, the project’s completion remained […]
Read more »Ukraine’s Economic & Energy Woes Merge
July 6th, 2009
Via Stratfor (subscription required), interesting analysis of the impact that Ukraine’s economic woes is having upon its energy position and potential energy crisis. As the report notes: “…Russia’s biggest private investment bank, Troika Dialog, announced July 6 that it is willing to provide Ukrainian state energy company Naftogaz with up to $4 billion in financing […]
Read more »Regional Implications Of A Completed Chinese-Kazakh Pipeline
July 1st, 2009
Via Stratfor (subscription required), interesting analysis of the broader regional implications of the recently completed pipeline between China and Kazakhstan, particularly for Russia. As the article notes: “…Kazakhstan has finished constructing the final segment of a strategically important oil pipeline running from the Caspian Sea to western China, according to a July 1 announcement from […]
Read more »Russia Renews Overtures to Original Seven Sisters
June 30th, 2009
Via the always insightful The Oil & The Glory, interesting thoughts on Russia’s recent overtures to some of the original Seven Sisters to participate in major exploration projects. As the article notes: “…With cash reserves running down and insufficient economic relief in sight, Prime Minister Vladimir Putin, his growl turned into a purr, is welcoming […]
Read more »Russia: Attempting to Choke Off Potential Export Routes For Azeri Natural Gas?
June 30th, 2009
Via Stratfor (subscription required & recommended), interesting analysis of the deal signed between Russia and Azerbaijan on June 29, under which Russia will pay Azerbaijan $350 per thousand cubic meters of natural gas — the highest price Russia has paid for natural gas from the Caucasus or Central Asia. As the article notes, Moscow hopes […]
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.