A strong performance from the non-hydrocarbons sector of Trinidad and Tobago’s economy has put it on course for steady growth in 2014 and beyond, despite concerns over international oil prices and the prospect of a general election next year.
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Population increases and a growing economy look set to intensify demand on energy resources in Jordan over the coming years. In response, the government has put in place an energy plan that will focus on maximising the use of domestic resources, particularly oil shale; encouraging energy conservation and awareness; generating electricity from nuclear energy; and promoting the development of...
In 2014 Jordan’s population reached 6.64m, as regional turbulence saw an influx of refugees from neighbouring countries. Jordan, however, remains stable as it pushes ahead with the political reforms announced in 2011. The economy continues to revive following the global economic downturn, while government commitments to tackle structural issues in the economy bode well for future growth.
As incoming Indonesian president Joko “Jokowi” Widodo prepares to take the reins on October 20, speculation is growing that the way in which he tackles cutting the huge fuel subsidies may come to define his presidency.
Articles & Analysis | As production drops at older oil fields, exploration efforts are increasing from The Report: Gabon 2014
Gabon is the fifth-largest oil producer in sub-Saharan Africa and oil dominates the economy, accounting for roughly half of state revenues and more than 80% of export revenues. Over the last decade, however, output has declined as the country’s larger oil fields mature, prompting Gabon to encourage activity in smaller blocks expand offshore exploration in new blocks, and...
