With the power segment poised to rebound while the oil and gas segment struggles to keep pace with surging demand, the Philippine energy sector is very much in flux. However, years of significant investment in power are now beginning to bear fruit, with thousands of megawatts of new capacity slated to come on-line over the next decade.
Higher power demand and a more stable political and social climate in the Luzon and Visayas regions have largely driven electricity development in the Philippines in recent decades, with these areas easily outpacing the more isolated island of Mindanao in terms of the expansion of power generation and distribution capabilities. In terms of...
As demand for energy continues to rise in conjunction with the growing economy, the Philippine upstream oil and gas segment is struggling to bring new domestic sources of hydrocarbons to the market. With the country’s most productive legacy fields now past their prime, investment is needed to tap into new fields and curtail the steady decline...
While Tunisia has far fewer oil and gas reserves than its neighbours in the region, it was not until the late 1990s and early 2000s that the country’s demand began surpassing domestic production. It was then that Tunisia became dependent on foreign energy imports, and began diversifying its energy mix through renewables and energy efficiency...
In 2006 large reserves of natural gas and condensate were discovered in the Jenein Sud permit in the Ghadames basin. Since then, the Tunisian National Oil Company (Entreprise Tunisienne d’Activités Pétrolières, ETAP) and Austrian oil and gas company OMV have worked to industrialise the field as part of the Nawara Development Project by...
There is growing optimism that Vietnam is poised to move forward with developing its renewable energy resources. The publication in November 2015 of a Renewable Energy Development Strategy and the priority given to alternative energy in the revised Power Development Plan 7 (PDP 7) suggest rising government appreciation of the role renewables...
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