After a difficult 2015, marked by lower commodity prices and reduced export revenues, Peru is on track to begin economic recovery in 2016, with increased mineral output set to drive much of its rebound. The IMF forecasts growth to rise to 3.3% in 2016, up from an estimated 2.5% in 2015.
Gracias a proyectos en cartera por unos USD 75 mil millones, la minería seguirá liderando el crecimiento económico del Perú en 2016 y hacia adelante, pese al difícil panorama externo y obstáculos locales.
In late 2015 in the desert of southern Oman, work is due to start on a $600m solar plant capable of producing a peak output of 1 GW of thermal energy. By comparison, the current largest photovoltaic (PV) solar plant in the world – the Solar Star project in California – produces 579 MW, or a little over half as much energy as the plant being...
For the Omani power sector, 2015 was a year to look back and take stock. In the 10 years since market reforms were introduced, the industry has witnessed a 164% increase in supply and a 75% increase in the number of accounts.
How has growing energy consumption supported the introduction of cost-reflective tariffs, and how can energy efficiency be further enhanced?
What impact, if any, will the oil price slump have on the construction of the Duqm project?
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