Low oil prices have hurt Nigeria’s upstream revenues but a long-overdue administrative restructuring of the national oil company and improved production at Nigeria’s refineries should give the country’s downstream hydrocarbons sector a welcome boost.
Le sommet inaugural du mois de Juillet dernier portant sur le contenu local a mis en lumière les efforts déployés par le gouvernement gabonais et le secteur privé afin que les bénéfices des secteurs phares du pétrole et du gaz profitent aux populations locales.
While lower prices may limit new investments in Oman’s upstream energy sector, Iran’s return to international markets is likely to have a mixed effect on the sultanate’s economy.
Efforts to add more than 5000 MW of electricity generation capacity in Kenya – part of a push to improve electrification rates to 70% of households by 2017 – are leading to a jump in renewable projects, as well as cuts in end-user tariffs.
Ground is set to be broken in late summer on a $10bn pipeline that will carry Azeri natural gas to Turkey and on to Europe, as energy security remains a key issue in the region.
Efforts by Abu Dhabi to position itself as a leader in the clean energy sector received a boost in early June, when the International Renewable Energy Agency (IRENA) opened its global headquarters in the emirate’s clean tech-focused free zone, Masdar City.
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