Venezuela After Guyana’s Oil Claiming Border Dispute In The Hague
November 22nd, 2022
Via MercoPress, a report on Venezuela’s interest in Guyana’s oil: “We will demonstrate Guyana’s claim is inadmissible,” Venezuelan Vice President Delcy Rodríguez said on Thursday to the International Court of Justice in The Hague, which is the United Nations’ highest for resolving disputes between states. Venezuela had ramped up its claims to a huge, sparsely […]
Read more »Two-Cent Venezuela Bonds Lure Traders Hunting Lottery-Like Score
October 27th, 2022
Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market. Yet, for traders willing to take on […]
Read more »Venezuela Seizes Stake in Oil Venture From Firm With Russia Ties
October 1st, 2022
Via Bloomberg, a report that Venezuela’s state oil company seized a minority stake in a key joint oil venture with Russia ties: Venezuela’s state oil company seized a minority stake in a key joint oil venture from GPB Global Resources, a private energy firm founded by former Gazprom PJSC officials, taking full control of the asset. Petroleos […]
Read more »Colombia and Venezuela Reopen Shared Border To Some Transport
September 12th, 2022
Via Al Jazeera, a report that Colombia and Venezuela are easing restrictions on their shared border for cargo transport and commercial flights: The presidents of Colombia and Venezuela have announced that commercial flights will resume between the two nations and cargo transport will be allowed across their shared border on September 26 after a years-long closure. The announcement […]
Read more »Venezuela’s Gamers: eSports A Way To Escape Country’s Crisis
September 2nd, 2022
Via Rest of World, an article on how some of Venezuela’s gamers see esports as a way to escape the country’s crisis and investors are recruiting new gamers from some of the poorer parts of the country: Hidden on one of the top floors of a half-abandoned shopping mall in Altamira, an upper-class enclave of Caracas, […]
Read more »China Taking Venezuelan Oil For Debt Offset
August 26th, 2022
Via Reuters, a report that a Chinese defence firm has taken over lifting Venezuelan oil for debt offset : China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas’ billions of dollars of debt to Beijing, according to three sources and […]
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.