Saudi Arabia’s $2.6B Mining Deal Reshapes Global Decarbonization Landscape
August 22nd, 2023
Via the Arab News, a report on Saudi Arabia’s $2.6B mining deal to access critical decarbonization minerals: At the end of July, a $2.6 billion deal with Brazil’s biggest miner, Vale SA, gave Saudi Arabia a 10 percent interest in mines from Canada to Indonesia that produce copper, nickel and other industrial metals — all […]
Read more »‘Fuel of the future’: Gulf States Bet on ‘Green’ Hydrogen
August 17th, 2023
Via Al Monitor, a report on the Gulf states’ focus on green hydrogen: After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing “green” hydrogen as they try to transition their economies and ease the climate crisis at a stroke. Oil producers Saudi Arabia, the United Arab Emirates and Oman are investing heavily […]
Read more »Saudi Arabia To Ramp Up Oil Investments In China As It Competes With Russia
August 7th, 2023
Via Middle East Eye, an article on Saudi Arabia’s plan to ramp up oil investments in China as it competes with Russia: Saudi Arabia’s state-owned oil company, Aramco, will plough ahead with new investments in China, despite posting a 38 percent drop in profit as lower oil prices and production cuts bite. Aramco announced on Monday […]
Read more »UAE, Saudi Arabia Race for Investment in Pakistan
August 6th, 2023
Via Al Monitor, a report on efforts by both Riyadh and Abu Dhabi to develop closer business ties with Pakistan: The UAE and Saudi Arabia have accelerated the pace of investments in Pakistan. If Abu Dhabi decides to invest further in Pakistan, it is quite likely that Riyadh will follow suit as part of their unspoken rivalry. […]
Read more »Saudi Arabia’s Dizzying Scheme to Devour the Sports World
July 27th, 2023
Via The New Republic, an article on the kingdom’s insatiable appetite and how its bottomless riches are remaking global sports and culture: ILLUSTRATION BY GUSTAVO MAGALHÃES On June 6, Saudi Arabia bought the game of golf. That is an exaggeration—rest assured, America’s country clubs are still controlled by a cabal of madras-clad local oligarchs—but only […]
Read more »Saudi Arabia’s Neom Seeks $2.7 Billion Loan to Build Futuristic City
July 23rd, 2023
Via Bloomberg, an article on Saudi Arabia’s efforts to secure a $2.7 Billion Loan to build Neom: Saudi Arabia’s Neom, the company developing Crown Prince Mohammed bin Salman’s flagship megaproject, is looking to raise a 10 billion riyal ($2.7 billion) loan, according to people familiar with the matter. Neom, a unit of the kingdom’s sovereign wealth […]
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.