Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...
The non-hydrocarbons industrial sector has long played a secondary role to oil and gas in Kuwait. As the country pivots towards easing the dependence of its economy on hydrocarbons, manufacturing is one of the sectors the government is looking to further develop, with the Public Authority of Industry (PAI) taking the lead. Sector stakeholders...
Since the nationalisation of the oil industry and the establishment of state-run Petróleos Mexicanos (Pemex) in 1938, hydrocarbons production has been a significant driver of growth, and the energy and utilities sector remains a key cornerstone of Mexico’s economy. The sector has evolved rapidly in recent years after a comprehensive energy reform was introduced in December...
Reform has led to new opportunities in Mexico’s energy sector, especially in terms of renewable power generation. The country has launched three auctions for solar and wind projects in recent years, with the first held in early 2016. However, President Andrés Manuel López Obrador – known by his acronym AMLO and who came to office in December 2018 – is not expected to support...
In addition to growing the transport network, increasing storage capacity and addressing fuel theft are priorities in the midstream energy segment. To this end, since the 2013 energy reform the government has commissioned work by companies such as Canadian firms TC Energy and ATCO to expand the natural gas network to keep up with rising demand and supply deficits in the south...
Since the 2013 energy reform, investors have found a range of opportunities in Mexico’s liberalised downstream energy sector. The new regulatory framework opened up former state-owned petrol stations to private operators and, more recently, has offered services companies the chance to be involved in the programme to upgrade the country’s refineries.
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