What steps are being taken to create jobs for locals in the oil and gas sector in accordance with the Local Business Development Framework?
Energy
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Interviews & Viewpoints | OBG talks with Pehin Dato Yasmin Umar, Minister of Energy from The Report: Brunei Darussalam 2014
Unprecedented levels of Chinese demand for nickel ore has created a sizeable market opening for the Philippines to expand nickel exports, prompting the country to re-examine the underdeveloped minerals industry and maximise output amid a dearth of supplies in the region.
Plans to complement domestic production by undertaking international exploration support the Sultanate’s target of reaching an output of 650,000 barrels of oil equivalent per day by 2035. Downstream, the government is investing in development of its petrochemicals sectors. The country today is primarily an exporter of liquefied natural gas, which is shipped to Japan, South Korea and Malaysia,...
Economic update | Maroc : Les financements étrangers donnent un coup de pouce aux projets énergétiques
21 Nov 2014
Cet automne, le gouvernement du Maroc est parvenu à obtenir une enveloppe de 3.4 milliards de dollars auprès d’investisseurs étrangers afin de financer d’ambitieux projets énergétiques. Ces derniers visent à la fois à satisfaire la demande croissante en électricité au sein du royaume et à exporter, à long terme, des énergies renouvelables excédentaires vers l’Europe.
As East Africa’s largest economy, Kenya has seen its economy grow by more than 4% for the last three years, according to data from the World Bank, while an improvement in fiscal indicators and a new constitution encouraging devolution have helped to improve governance and the public balance sheet.
Along with Tanzania and Uganda, Kenya is emerging as a new destination for oil and gas explorers after several hydrocarbons deposits in commercially viable quantities were found in the East Africa region. The extent of Kenya’s oil and gas reserves is still being determined and estimates vary widely, but some government projections suggest that its reserves could exceed Uganda’s expected...