Energy

Faced with rising energy consumption, Turkey’s government has moved to meet growing demand by sealing a key gas pipeline deal with neighbouring Azerbaijan and stepping up efforts to diversify its power sources away from hydrocarbons imports.

A new mining policy in the Philippines is intended to bring greater regulatory clarity to the sector and is an important step towards unfreezing the current hiatus in an industry that has huge potential. However, until a new revenue-sharing bill for the sector – which will likely raise taxes on mining operations – is implemented, no new contracts will be awarded.

Mientras que los descubrimientos recientes hechos por Brasil en el fondo del mar han sido el núcleo de las discusiones en la Industria Petrolera de Sur América, Colombia viene rápidamente rindiendo sus frutos con una producción que llega casi a duplicarse en los cinco años previos al 2011 y con una exploración que viene en crecimiento.

The Abu Dhabi Executive Council recently approved the building of a 10th independent water and power project (IWPP). The increased capacity this new facility will bring is expected to help the emirate meet its rising demand for utilities.

Committed to reducing its carbon intensity by 40% by 2020, Malaysia is currently facing some tough decisions on whether natural gas or coal will be the best energy source to meet its rapidly growing consumption needs and looming environmental targets.

Highly dependent on coal for its current electricity supply, and facing rising demand and supply gaps stemming from years of underinvestment in capacity expansion, South Africa is embarking on a plan to increase the contribution of gas, nuclear and renewables towards its national energy mix.