Energy

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How will lower oil prices affect drilling activity?

 

Over the past decade the oil industry has been at the centre of Colombia’s economic growth. The sector accounted for nearly one-fifth of all foreign direct investment (FDI) over the past 10 years, approximately half of all export revenues and, through taxes and royalties, provided up to 30% of government income. Consequently, the fall in the...

Chapter | Energy & Utilities from The Report: Colombia 2016

Over the past decade the oil industry has been at the centre of Colombia’s economic growth. The sector accounted for nearly one-fifth of all foreign direct investment over the past 10 years, approximately half of all export revenues and, through taxes and royalties, provided up to 30% of government income. Consequently, the fall in the oil price from more than $100 per barrel in mid-2014 to...

Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%. 

 

The rapid growth in Bahrain’s population presents considerable challenges for the private and state providers supplying utilities. As well as routine work to replace, refurbish and improve existing power, water and sewage networks, providers are also required to expand their networks to serve new communities that are being constructed. Even as...

 

The composition of Bahrain’s GDP compared to the five other GCC member countries, shows that while the energy sector remains the single largest contributor to national production, at just under a quarter of GDP, Bahrain is leading the way on economic diversification. An IMF discussion paper on economic diversification in GCC countries,...

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