U.S. Investors Form Venture To Pursue Oil and Gas Projects In Venezuela
July 8th, 2022
Via Reuters, an article on U.S. interest in oil & gas projects in Venezuela: Two U.S. investment funds on Tuesday said they formed a joint venture with a Venezuelan firm to pursue oil and gas exploration and production projects in the U.S.-sanctioned South American country. Gramercy Funds Management and Atmos Global Energy said their joint […]
Read more »Iran, Venezuela Sign Two-Decade Cooperation Deal
June 11th, 2022
Via Al Monitor, a report that Iran and Venezuela have signed a two-decade cooperation deal: Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuela’s President Nicholas Maduro. The inking of the agreement “shows the determination of the high-level […]
Read more »How Venezuela Became One Big Casino
January 14th, 2022
Via The Atlantic, a report on how – in the midst of the country’s economic collapse – casinos, and the dollar, are king again: The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables […]
Read more »Venezuela: Decline Of An Oil Giant
January 14th, 2022
Via Oil & Gas Daily, an article on the deterioration of Venezuela’s petroleum sector: Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo’s oil field is a metaphor for Venezuela’s once-flourishing petroleum industry that is now on its knees. More than a century ago, the Maracaibo basin in northwestern […]
Read more »Venezuela: Home To Latin America’s Unlikeliest Super App
November 12th, 2021
Via Rest of World, an article on an unlikely superapp coming out of Venezuela: When Vicente Zavarce was first starting Yummy, Venezuela’s self-appointed “everything app”, he sought out other entrepreneurs in Latin America for advice. One of those was the leadership team at Yaigo, a Bolivian logistics startup, including its co-founder and CEO Ariel Valverde. “They […]
Read more »Has China’s Promise To Develop Venezuela’s Mines Gone Unfulfilled?
September 11th, 2021
Via Belt and Road News, an article on China’s promise to develop Venezuela’s mines: At the turn of the century, China and Venezuela signed several agreements worth millions of dollars for the development of the Venezuelan mining sector, which both countries promoted as an alternative to Caracas’ over-reliance on oil. Expectations were high. Yet years later, […]
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.