Gazprom: Into Africa (Again)…
April 4th, 2009
Via Energy Daily, a detailed report on Russia’s renewed interest in Nigeria’s oil patch. As the article notes: “…Russian energy firm Gazprom has signed an agreement with the New Nigeria Development Co. for exploration of three oil blocks in the country’s north, officials from both countries said.Though rights to the blocks in the Chad Basin […]
Read more »Mongolia’s Treasure
April 4th, 2009
Via Energy Daily, an interesting look at Mongolia’s resource riches. As the article notes: “…In a world increasingly concerned with reliable sources of energy, however, Mongolia is rapidly becoming a major player, and an international race is on to secure access to one of its most valuable mineralogical deposits, uranium.A vast landlocked nation in the […]
Read more »Deferring Nabucco Is Win-Lose for Gazprom
March 19th, 2009
As reported in The Moscow Times, the foreign ministers of 27 European Union countries could not agree on the 3.5 billion euro budget for energy projects during a recent meeting. This means, among other things, that the fate of the Nabucco project, which was supposed to be allocated 250 million euros, has been essentially put […]
Read more »Cuba’s Black Gold…
March 19th, 2009
Via Energy Daily, details on Cuba’s recent efforts to negotiate oil exploration and production deals with Russia, China and Angola, with its focus on Moscow shaping up as the partnership that could make the communist island nation energy self-sufficient. As the article notes: “…The Cuban oil industry’s venturing out into deep sea waters in the […]
Read more »Russia’s Great Leap Eastward
February 27th, 2009
Via the Associated Press, an interesting look at Russia’s recent deals with China and Japan. As the article notes: “…The ruble is dropping, oil production is declining, foreign capital is fleeing, currency reserves are dwindling. Short-term, the Kremlin is struggling to deal with the worst economic crisis in a decade. Long-term, though, the Kremlin appears […]
Read more »Gazprom’s Woes = Less Influence for Russia
February 19th, 2009
Via Stratfor (subscription required), a detailed look at Gazprom’s troubling declines in both production and export values in 2008 and even sharper falls predicted for 2009. As the article notes, less revenue for Gazprom translates into less influence for Russia and could have long-term implications for Moscow’s relationship with Europe and the United States: “…Figures […]
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.