In line with the downward cyclical trend still buffeting the industry globally, the mining sector in Papua New Guinea remains in a cooling period in terms of exploration and production activity. To counter act tighter profit margins brought on by sluggish global demand for minerals and the corresponding drop in commodity prices, mining companies across PNG have responded by increasing...
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Much of Papua New Guinea’s economic success over the past decade, along with its prospects for future growth going forward, can be tied directly to the energy sector. The efficient construction and operational launch of the country’s first liquefied natural gas (LNG) programme the $19bn PNG LNG project not only secured unprecedented foreign direct investment (FDI) into the country and provided...
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour.
Avec le démarrage prochain du chantier visant la construction d’un pipeline de gaz naturel liquéfié (GNL) chiffré à 4 milliards de dollars, Djibouti affirme sa volonté de renforcer sa place centrale dans le transport énergétique en Afrique de l’Est.
Strong domestic demand and the desire to conserve oil resources for export are driving reform in Saudi Arabia’s power sector.
Con un creciente interés por parte de petroleras internacionales, México hará pública la segunda ronda de licitaciones para campos profundos a comienzo del próximo año.