China Plays Increasing role In Venezuela’s Economy
July 13th, 2012
Via the Miami Herald, a very interesting look at China’s increasing role in Venezuela’s economy: Venezuelan President Hugo Chávez’s socialist revolution, which has seized billions of dollars in assets from western oil companies in the name of national sovereignty, is gradually giving control of its industry to China, a country that plays an increasingly dominating […]
Read more »Vietnam And Venezuela Develop A New Oil Field
April 21st, 2012
Via Reuters, an article on a Vietnam-Venezuela oil and gas joint venture that has begun production at a new field in the Orinoco region with an initial output of 50,000 barrels per day (bpd). As the report notes: “…The venture, PetroMacareo, would raise extra heavy crude oil output from the field in Junin 2 block […]
Read more »The Politics Of Drilling In The Dark Zone
April 18th, 2012
Courtesy of Foreign Policy’s Oil and The Glory, a look at exploration efforts in Cuba and Venezuela: In late January, Spain’s Repsol began drilling in the Northbelt Thrust, a stretch of the offshore Caribbean that may contain 6 billion barrels of oil. Between now and next month, Repsol will learn whether its part of the […]
Read more »Colombia-Venezuela: Teaming up In Oil
March 31st, 2012
Courtesy of The Financial Times, a report on recent initiatives between Colombia and Venezuela to team up in the oil sector: “Zero,” said Hugo Chávez firmly, when asked almost three years ago what the chances were of Colombia’s state oil company Ecopetrol having a hand in developing Venezuela’s oil-rich Orinoco Belt. That was back when […]
Read more »Venezuelan Oil: A Risky Investment For China
March 16th, 2012
Via The Washington Times, a report on China’s investment in Venezuelan oil: China has poured billions of dollars into Venezuela’s oil sector to expand its claim over the country’s massive oil reserves. But Beijing is getting relatively little for its investments, and Chinese officials are increasingly frustrated with Venezuelan President Hugo Chavez, according to energy […]
Read more »Venezuela: A Tale of Potential and Peril
October 24th, 2011
From Emerging Markets Insight, a report on Venezuela’s investment promise and peril: Venezuela presents a major challenge for MNCs who recognize the country’s market potential and high profit margins, but are troubled by the risks associated with any significant presence in the country. The upcoming elections in 2012 and recent concerns over Chavez’s health has […]
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.