China’s Expanding Involvement in the Latin American Energy Sector
July 25th, 2013
Courtesy of STRATFOR (subscription required), analysis of China’s involvement in Latin America’s energy industry: Ecuadorian Vice President Jorge Glas announced July 6 that one of China’s state-owned oil companies, China National Petroleum Corp., will take a 30 percent stake in Ecuador’s $12.5 billion Refinery of the Pacific, which will have a refining capacity of 300,000 barrels per day. […]
Read more »Venezuela’s Topsy-Turvy Economy
December 1st, 2012
Courtesy of The Financial Times, an interesting article on Venezuela’s economy: It has been pointed out before that Father Christmas and Hugo Chávez share a thing or two in common. Venezuela’s populist president may not have the fluffy white beard, but he has roughly the right build, and sometimes the jovial temperament. Most importantly, the […]
Read more »Venezuela: The Implications of Possible Regime Change
October 5th, 2012
Courtesy of STRATFOR, a look at how a potential change in leadership could transform Venezuela and its regional role, possibly to the extent that Cuba could seek reconciliation with the United States: The run-up to the election has been tumultuous. A little more than a year ago, Chavez was diagnosed with cancer, for which he received several surgeries. […]
Read more »India: Venezuela’s New Petro-Amigo
September 27th, 2012
Via The Financial Times, an interesting look at the blossoming relationship between India and Venezuela: Venezuela’s gigantic oil reserves are coveted the world over – especially the Orinoco extra-heavy crude belt, which is one of the planet’s few remaining largely untapped reserves of hydrocarbons. Investment conditions in Hugo Chávez’s Venezuela may not be ideal, but […]
Read more »Can PDVSA Recover?
August 9th, 2012
Via The Journal of Energy Security, a look at Venezuela’s PDVSA: The Venezuelan oil industry can be pictured as a toothless tiger resting on its haunches before a huge slice of raw meat. The country sits on significant hydrocarbon resources that remain undeveloped due to severe management, technical and financial constraints driven by the application […]
Read more »Chevron Invests $2bn In Venezuelan Oil
July 19th, 2012
Courtesy of The Financial Times, a report on Chevron’s recent decision to invest $2bn in Venezuelan oil: While many inhabitants of Venezuela’s north-western state of Zulia are screaming blue murder about the onset of petrol rationing, US oil major Chevron has quietly just agreed to invest $2bn to ramp up production in the region. Chevron’s […]
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.