Archive for the ‘Petróleos de Venezuela’ Category

Enemies With Benefits: Venezuela, Oil, and U.S.

Via The Economist, commentary on the potential role that Venezuela could play to help the West wean itself off Russian oil: n april 22nd a ban on Russian oil imports will come into effect in the United States. One of the countries that could benefit is Venezuela. According to Credit Suisse, a bank, its economy is expected […]

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Venezuela Asks Wall Street to Help Lift U.S. Sanctions So Oil Can Flow

Via The Wall Street Journal, a report on Venezuela’s outreach to help lift U.S. sanctions so that oil can flow: With energy prices soaring because of war in Ukraine, Wall Street firms and other U.S. investors are seeing an opening to press the Biden administration to lift sanctions against a potentially major Western Hemisphere producer of crude, Venezuela. Venezuela’s […]

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Venezuela: Decline Of An Oil Giant

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 […]

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China sees Opportunity as Venezuela’s Oil Industry hits Rock Bottom

Via Belt and Road News, a look at Chinese interest in Venezuela’s petroleum industry: Venezuela’s near-collapse and strict U.S. sanctions are creating an opportunity for Russia, Iran and China to strengthen their presence in Latin America, a region that for decades has been under U.S. hegemony. While Russia and Iran have, to an extent, gained […]

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The World’s Largest State-Owned Oil Companies

Via Visual Capitalist, a look at the world’s largest state-owned oil companies: Oil is one of the world’s most important natural resources, playing a critical role in everything from transportation fuels to cosmetics. For this reason, many governments choose to nationalize their supply of oil. This gives them a greater degree of control over their oil […]

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Drying Up: Venezuela’s Oil Industry

Via The Wall Street Journal, a look at how Venezuela has seen its production dwindle after decades of graft and mismanagement under Chávez and Maduro regimes, and now the burden of U.S. sanctions: Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt. Venezuela […]

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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.