With a vast wealth and diversity of metals and minerals, Peru is rich in natural resources. Mining plays a significant role in...
Energy
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Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
Papua New Guinea is on track to double its liquefied natural gas (LNG) production capacity following a recent agreement with energy majors, although opposition to the deal may slow down the development process.
After passenger numbers dropped off sharply in the opening months of the year, Indonesia’s government has moved to rein in rising air travel costs by lowering ticket prices and increasing local production of jet fuel.
Interviews & Viewpoints | Tarek El Molla, Minister of Petroleum and Mineral Resources: Interview from The Report: Egypt 2019
Articles & Analysis | Egypt looks beyond oil to alternative natural resources from The Report: Egypt 2019
Egypt has the potential to produce 53% of its electricity from renewable sources by 2030, according to a 2018 assessment from the International Renewable Energy Agency (IRENA). Egypt’s current energy strategy calls for input from renewables to generate 20% of power capacity by 2022, rising to 42% by 2035. IRENA’s more optimistic view can be...