Energy

Harnessing new technology to extract Jordan’s oil shale reserves could help reduce reliance on imported hydrocarbons as well as enhance energy security.

As its domestic energy demand soars, Indonesia continues to diversify its supply, taking steps to reduce its dependence on oil. The archipelagic nation is increasingly looking to renewable sources, such as geothermal, to help meet its energy needs.

A new incentives programme to be rolled out across the Philippines next year is expected to help the government boost the renewables sector, while also meeting rising domestic demand for power.

A move to bring the marketing and sales side of Qatar’s chemical, fertiliser and polymer operations under one umbrella is an indication of the country’s plans to build a larger and more vibrant downstream petrochemicals sector, which is expected to see increased revenues from plans to more than double production by 2020.

Después de años de producción petrolera en declive, varias compañías petroleras que operan en el Perú han formado una nueva organización para solicitar que el presidente Ollanta Humala realice cambios en el marco regulatorio del sector para fomentar una mayor inversión. La Sociedad Peruana de Hidrocarburos (SPH), establecida en marzo y compuesta por 16 empresas de la industria petrolera local, espera que las reformas legislativas sirvan para revertir un patrón de declive, y tal vez convertir al país en un exportador neto de crudo en el largo plazo.

Plans to consolidate Turkey’s position as an energy transit bridge appear to have suffered a setback, with a major project to connect the Black Sea and the Eastern Mediterranean put on hold by both the Turkish government and one of the scheme’s key investors, though for different reasons.