Once a key pillar of the Indonesian economy, the energy sector has declined in influence as oil and gas production has fallen. The hydrocarbons segment, which is valued at an estimated $20bn, contributed 3% to state revenues in 2016, down from 14% in 2014 and 25% in 2006. Yet the value of Indonesia’s energy sector cannot be reduced to its direct contribution to national GDP, as the power and...
Displaying 745 - 750 of 2619
With investment in industrial zones, SEZs, infrastructure and priority industries set to increase in the coming years, Indonesia remains extremely well positioned to capitalise on its position as a regional leader.
Economic update | State-owned energy company targets increased oil and gas output in Kuwait
6 Dec 2017
A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production capacity ahead of an anticipated rise in energy demand.
The Nigerian government has announced plans for a multibillion-dollar sell-off of state assets in the energy sector, in a push to boost cash flows and improve efficiency across the sector.
A recently discovered gas field in Egypt – one of the world’s largest – is on track to begin production by the start of next year, which should quickly ease the country’s reliance on energy imports.
Articles & Analysis | New regulatory body to overhaul Nigeria's energy sector from The Report: Nigeria 2017
It was just one step in the right direction, but the Nigerian Senate’s passage of an energy industry bill, the Petroleum Industry Governance Bill (PIGB), in May 2017 felt like a huge leap to many in the country. Nigeria has been waiting for a decade for comprehensive energy sector reform, with the existing regulatory framework showing its age...