Gazprom’s Financial Woes
December 29th, 2008
Via The International Herald Tribune (and New York Times), an insightful report on Gazprom’s recent financial woes. As the article notes: “…A year ago, Gazprom, the Russian natural gas monopoly, aspired to be the largest corporation in the world. Buoyed by high oil prices and political backing from the Kremlin, it had already achieved third […]
Read more »Go, Go, GOPEC…
December 24th, 2008
Via The Financial Times, a report on the recent meeting of gas exporting countries during which ministers meeting in Moscow transformed what had been an occasional talking shop into a formal body with a permanent secretariat. While, for now, Russia is probably right that “GOPEC” cannot control output and prices, (unlike oil, natural gas relies […]
Read more »LUKoil’s Iberian Ambitions
December 18th, 2008
Via Stratfor (subscription required), an update on Lukoil’s dalliance’s with Repsol YPF. As we have discussed previously, LUKoil, Russia’s largest privately-owned oil firm, is considering forming a partnership with Spanish energy company Repsol YPF. As the article notes: “…Spain’s Repsol YPF, a privately owned energy company with major assets in Latin America, and LUKoil, Russia’s […]
Read more »India & Russia: A Growing Petroleum Based Relationship
December 11th, 2008
Via Energy Daily, an interesting report on the growing linkages between India and Russia through petroleum. As the article notes: “…While India and China have booming economies, they share the similarity of both being energy-deficient and relying on imports. India is casting eyes across the Hindu Kush and is considering developing energy ties with its […]
Read more »Gazprom Looks To Fuel Growth
December 10th, 2008
As recently reported in The Financial Times, Gazprom – Russia’s state-controlled gas group – is “very comfortable” with commodity prices at present levels and is pressing ahead with its plans to increase capital spending next year, according to its deputy chief executive. As the article notes: “…In June, it was the world’s third-largest company by […]
Read more »Gazprom’s Emergence As A Player in Latin America
December 9th, 2008
Via Energy Daily, a report noting that Russian President Dmitry Medvedev – while making his first visit to Brazil – made the first stop of his trip trip to the headquarters of state-run oil company Petrobras, reaffirming Gazprom’s emergence as a player in Latin America’s growing energy infrastructure. As the article states: “…Medvedev announced that […]
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.