After disruptions to an Egyptian pipeline that had supplied the majority of Jordan’s electricity demand prior to 2011, the Jordanian government is moving to reduce expensive fuel imports and boost domestic generating capacity by building several new power plants. Comprising a diverse energy mix of gas, oil shale and renewable projects, these...
The expansion of Jordan’s renewable energy segment has seen a marked acceleration in recent years, with nearly 1000 MW of solar and wind projects currently being implemented. These developments dovetail with a national strategy aimed at raising the share of renewables in the energy mix to 10% by 2020, equivalent to a generating capacity of...
As the drop in oil prices continues, upstream investment in Gabon has slowed as operators decrease their capital expenditure and production costs. The situation is hardly unique to Gabon, with other producers in the Gulf of Guinea, such as Nigeria and Ghana, facing similar situations. However, it comes on top of a decline in Gabon’s production...
In a global environment of low oil prices, the Emerging Gabon Strategic Plan (Plan Stratégique Gabon Emergent, PSGE) has sought to diversify the economy away from hydrocarbons since 2010. As such, over recent years the Gabonese government has increased development of the hydropower sector, as well as expanding the country’s large natural gas...
At the beginning of July 2016 Gabon rejoined the Organisation of Petroleum Exporting Countries (OPEC) after an absence of more than two decades. This comes as Gabonese authorities look for enhanced coordination with other global oil producers to alleviate some of the pressure of low energy prices and help cultivate an environment more...
In a January 2016 interview, Deputy Crown Prince Mohammed bin Salman Al Saud hinted that Saudi Arabia was considering selling a stake in Saudi Aramco, the world’s largest oil producer and the central player in the country’s energy sector. The news caught many people in the energy industry by surprise and led to a scramble to try to understand...
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