Venezuela: Running On Empty
August 30th, 2016
Courtesy of Foreign Affairs (subscription required), a very interesting look at Venezuela and how the state ruined its national oil company in its Sept/Oct 2016 issue: Venezuela is in the throes of its most tumultuous political and economic period in decades. The collapse of global energy prices has wreaked havoc on the country’s economy. Estimates […]
Read more »Venezuela’s Energy Profile
November 30th, 2015
Via Eurasia Review, a look at Venezuela’s energy sector: Venezuela is one of the world’s largest producers and exporters of crude oil. The country has been one of the largest exporters of crude oil in the Americas. As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player […]
Read more »Venezuela’s Economic Crisis: By Pictures
August 27th, 2015
Courtesy of STRATFOR (subscription required), interesting imagery analysis of Venezuela’s economic crisis: Satellite images of Puerto Cabello, Venezuela’s main port of entry for imported goods, show just how far the country has fallen into economic disrepair. Reliable economic statistics are difficult to come by, so comparing imagery taken years apart can provide some insight that the […]
Read more »Venezuela’s New Best Friend – Goldman Sachs
December 3rd, 2014
Courtesy of The Financial Times, an interesting report on Goldman Sachs’ recent involvement with Venezuela: Socialist Venezuela would never sell out its friends to Wall Street, right? Yet it appears that is exactly what Caracas wants to do. Pressed by the oil price collapse, rattled by fears of default, facing rising social tension as imports […]
Read more »Venezuela: Economic End Game Near?
November 13th, 2014
Via Business Insider, a look at Venezuela’s accelerating economic crisis: Venezuelan investors are abandoning ship en masse after the government indicated that it would not take immediate measures to stop the country from sinking deeper into chaos. “I am scared as hell,” one Latin American bond trader said. “Default [is] likely within 12 months; the oil […]
Read more »Impact Of Venezuela’s Faltering Oil Sector On Central America & The Caribbean
August 27th, 2014
Courtesy of STRATFOR (subscription required), an interesting analysis of the impact that a declining Venezuelan oil industry could have wider effects in Central America and the Caribbean: The Petrocaribe summit in Managua in June 2013. Summary The decline of the Venezuelan oil sector could have wider effects in Central America and the Caribbean. Venezuela supplies crude oil […]
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.