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 »Igniting a Petrowar: Venezuela Votes To Annex Guyana
December 5th, 2023
Via Heat Map, an article on Venezuela’s recent vote to annex their oil-rich neighbor, Guyana: Under pressure from the U.S. to hold a free and fair election, Venezuela’s President Nicolás Maduro upped the ante. On Sunday, the nation went to the polls — to vote to invade its neighbor and the world’s newest petrostate, Guyana. Approval was […]
Read more »Colombia’s Ecopetrol Examining Gas Imports from Venezuela
November 26th, 2023
Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
Read more »Venezuela: Bonanza or Bust?
November 13th, 2023
Via The Economist, a report on how oil traders are flocking to sanctions-free Venezuela: The cocktail bar in one of the most expensive hotels in Caracas, the capital of Venezuela, is abuzz. A huddle of businessmen, speaking English, are in animated conversation at one table. Across the lobby, another group of visitors from India has just […]
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.