What impact have increasing gold prices had on production plans for Ghana?
Energy
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Mining and quarrying, excluding oil and gas, accounted for 2.7% of Ghana’s real GDP in 2011, having grown 19% that year. The country has been producing higher levels of many minerals, including bauxite, silica, coltan, gold and manganese. Gold in particular has been a major boon to the sector given the investor flight to gold that occurred in the wake of the global financial crisis. Indeed, gold...
Economic update | Jordan: Planning ahead
22 Aug 2012
The early August approval of a $2bn loan by the IMF to Jordan has once again brought the Kingdom’s financial concerns into the spotlight. However, the IMF was quick to point out most of the problems the economy faces come from external factors, and in particular the country’s reliance on foreign sources of energy, which is why much of the IMF’s money will be used to support a number of energy projects well under way.
En tanto que Colombia ha vivido un incremento significativo en la producción de petróleo durante los últimos cuatro años, eventos recientes indican que el sector petroquímico comienza a demostrar una tendencia similar. En noviembre de 2011 Ecopetrol, empresa parcialmente propiedad del Estado colombiano, anunció sus planes de expansión en lo concerniente a la refinación de petróleo y la capacidad de producción de petroquímicos.
Articles & Analysis | Stronger together: A merger deal helps to diversify and expand reserves from The Report: Ras Al Khaimah 2012
Two hydrocarbons firms, RAK Gas and RAK Petroleum, are the main players in Ras Al Khaimah’s energy sector. The former is a state-owned company responsible for ensuring a steady and reliable supply of gas for the emirate, while the latter is a public limited company formed in 2005. The latter is headquartered in Dubai and is not listed on any...
Articles & Analysis | Securing supply: New investments in generation capacity and alternative sources from The Report: Ras Al Khaimah 2012
Although the UAE is an oil-rich country – the eighth-largest producer of oil in the world, with output of 2.8m barrels per day (bpd) in 2010, according to the US Energy Information Administration, and the fourth-biggest exporter – the emirate of Ras Al Khaimah has relatively limited resources when it comes to hydrocarbons. Oil and gas accounted for...