The fall in oil prices led to significantly reduced government revenues for Kuwait in 2015. Despite this the country’s 2016 spending remained largely in line with previous years as the government opted to draw on its considerable financial buffers to help make up for budgetary shortfalls.
A Djibouti, les autorités cherchent à accroître la part des énergies renouvelables dans le bouquet énergétique, en misant particulièrement sur le fort potentiel géothermique du pays.
During the 1970s Nigeria had a prosperous, export-orientated mining industry. Before the discovery of oil, the West African nation had developed strong production operations for coal, tin and columbite. The discovery of hydrocarbons eclipsed these activities and relegated mining to an economic footnote. However, with the recent decline in the...
In 2016 the government turned its attention to bitumen – also known as asphalt, which is used in road-surfacing – placing the country’s large standalone deposits of the hydrocarbon mixture at the centre of its plans to bolster the extractive industries and support economic diversification and growth. While this has the potential to support...
During the 1970s Nigeria had a prosperous, export-orientated mining industry. Before the discovery of oil, the West African nation had developed strong production operations for coal, tin and columbite. The discovery of hydrocarbons eclipsed these activities and relegated mining to an economic footnote. However, with the recent decline in the global price of oil and reductions in production...
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