Archive for September, 2007

Dubai(‘s) World?

Given the continued prosperity and ascendancy of Dubai & the United Arab Emirates, it will be important to watch their local firms expand globally. The WSJ recently offered an interesting look at Dubai World, the business and investment holding arm of the Dubai government which has invested more than $30 billion in real-estate projects abroad, […]

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OMV, Iran, and Yemen

An interesting WSJ article on Austrian oil-and-gas company OMV AG which, after several acquisitions in recent years, is now the biggest oil-and-gas player in Central and Eastern Europe, with sales of €19 billion ($26.16 billion) last year. Clearly, OMV is not discouraged by challenging markets or threats of sanctions: “…The company, which is drilling for […]

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Emaar, the UAE, and North Korea

Again thanks to STRATFOR (link to website only; article requires a subscription), the Chairman of Emaar Properties PJSC, the Middle East’s biggest developer by market value, flew to the North Korean capital in his own plane across the West Sea, aka the Yellow Sea. As STRATFOR notes, “…The private plane visit is the first of […]

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Turkish Investment in Iranian Natural Gas

Thanks to STRATFOR (link to site only; article requires a subscription), I noted Turkish Petroleum Corporation’s (TPAO) announcement that it is pressing ahead with plans to invest $3.5 billion in Iran’s South Pars natural gas field and hopes to sign further agreements in the first quarter of 2008. The project entails developing the field to […]

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Iranian Oil Swaps

An interesting analysis of Iran’s efforts to seek out oil swaps via John C.K. Daly and Energy Daily. As Daly points out, five nations share the Caspian’s coastline — Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran — and, when the Kashagan field comes online, there will be an enormous disparity between production and transit capabilities that […]

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Petro-politics and the Kashagan Showdown…

Strongly recommend this comprehensive background post on the current crisis involving the Kazakh government and the international consortium developing the country’s Kashagan field. Of particular interest, was the impact analysis that restructuring the Kashagan project may have upon Kazakhstans’s “petro-promises”: “….Kazakhstan has engaged to supply multiple customers, most of them powerful, and some of them […]

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About This Blog
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.