How America Inadvertently Created an ‘Axis of Evasion’ Led by China
May 30th, 2024
Courtesy of the Wall Street Journal, a look at how Western sanctions and export controls were meant to subdue foes of the U.S. but instead have led to a shadow economy: Western sanctions and export controls were meant to subdue America’s enemies, leveraging the power of the dollar to strong-arm governments into submission without the bloodshed of […]
Read more »Offshore Treasure: ExxonMobil, Venezuela, and the Battle for Guyana’s Oil
March 23rd, 2024
Via Phenomenal World, a report on ExxonMobil, Venezuela, and the battle for Guyana’s oil: Since the discovery of some of the world’s largest oil reserves in 2015, Guyana has entered a period of economic and geostrategic reconfiguration. According to the Energy Information Administration (EIA), Guyana holds the sixth-largest oil reserves in the Americas and the […]
Read more »Russia, Venezuela to Boost Cooperation in Energy, Including Nuclear
February 23rd, 2024
Via Energy Daily, a report on Russian and Venezuelan plans to boost cooperation in energy, including nuclear: Anti-American allies Russia and Venezuela vowed to boost cooperation in oil and gas production and the “peaceful use of nuclear energy” at a meeting of foreign ministers in Caracas Tuesday. Russia’s Sergei Lavrov arrived in Venezuela late Monday from […]
Read more »How Wall Street Won a Battle Over Venezuelan Sanctions
February 18th, 2024
Via The Wall Street Journal, a report on how Wall Street won a battle Over Venezuelan sanctions: After the U.S. dropped a broad array of sanctions against Venezuela in October, it warned that it could reimpose all of them, except one. The White House admitted that its ban on buying Venezuelan bonds was a failure that had […]
Read more »India’s ONGC Videsh to Get Some Oil from Venezuela In Lieu of $600M Dividend
February 10th, 2024
Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »China’s Shifting Ties in Latin America
January 8th, 2024
Via The Wire China, an interview with Alicia García-Herrero on China’s shifting ties in Latin America: Q: When we talk about “Latin America” we mean roughly 20 countries stretching from the Texan border to Antarctica. That makes for a lot of variety in their approaches to China. Can you outline the different camps? A: I […]
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.