A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.
Asia Energy
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– Energy demand and oil prices slumped on the back of Covid-19
– OPEC+ countries agreed on sharp production cuts to stabilise prices
– While coal, oil and gas investment fell, investment in renewables increased
– Rise in sustainable finance looks set to bolster the renewable transition
Economic update | Will Covid-19 accelerate the renewable energy transition in emerging markets?
6 Jul 2020
With new data showing that global carbon emissions are rebounding more quickly than expected after coronavirus lockdowns are eased, questions are being asked about the prospects for renewable energy projects in emerging markets.
Economic view | Roberto Lorato, CEO, MedcoEnergi
4 Jun 2020
