Now ranked the world’s 17th biggest economy with a GDP of nearly $790bn, Turkey, the prime minister claims, will become the 10th largest in 10 years’ time. To fuel that kind of growth, the country needs energy. Situated between the hydrocarbons-rich Middle East and energy-hungry Europe, but with negligible reserves of its own, Turkey has long been viewed as a transit state. While that...
Energy
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A drive is gathering pace in Brunei Darussalam to increase regional cooperation on energy provision as part of a broader bid by Asia’s oil producers to meet rising demand from nearby fast-growing economies.
Au terme d’un processus de révision qui a duré un an, les amendements apportés au code des hydrocarbures en Algérie ont été publiés en février 2013, offrant de nouveaux avantages aux investisseurs étrangers.
Articles & Analysis | Energy: Petroleum Industry Bill expected to become law soon from The Report: Nigeria 2012
Economic update | Kuwait: Joining the shale rush
24 May 2013
Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.
At an average of 5.1% between 2003 and 2012, Turkey has experienced one of the world’s highest growth rates over the past decade. This was accompanied by drops in joblessness and poverty, as well as gains in school enrolment, home ownership and life expectancy.