Big spending is back in the oil and gas world. With ExxonMobil unloading a $6.6 billion mega-buy in the Permian Basin of Texas this week — just a day after Noble Energy unveiled a $2.7 billion acreage purchase in the […]
Latin America’s major nations are hoping that 2017 will be the year that they finally recover from the lingering impact of weak commodity prices. For the fourth consecutive year, Latin America’s exports contracted in 2016, according to a report by […]
Bit of a quiet week for major resource news. But several small items are suggesting some potentially explosive developments coming over the next several months. One of those comes in a place I’ve been watching closely the past year: the […]
Brazil’s Petrobras and partners produced their billionth barrel of oil from presalt fields this month. Underlining one of the biggest shifts to happen this decade in global crude output. And news yesterday suggests we may be about to see another mega-shift […]
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There’s a Subway restaurant across the street. The lady next to me is reading a biography of Michael Jordan. The band is playing covers of Lady Gaga songs. The bar patrons are drinking Miller beer. I alone seem to prefer […]
One way to win big in emerging markets is to catch the early onset of a country’s wealth surge. The tipping point is often a reform-driven drop in the cost of raising capital. Emerging-market (EM) wealth creation follows an established […]