Substantial investments are being made in Oman’s midstream and downstream oil industries as it looks to meet rising demand, boost its value-added petrochemicals industry and strengthen its position as an international energy transit centre.
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Articles & Analysis | Building up: Efforts are under way to retain greater in-country value from The Report: Oman 2014
Articles & Analysis | The 10 percent: Demand growth is causing new challenges for power companies from The Report: Oman 2014
Electricity use, driven by a growing population and a diversifying economy, is expected to grow by almost 10% annually for the rest of the decade. Peak demand in summer is around twice that of winter, meaning that quite a lot of capacity idles for part of the year while surges in usage cause shortages at other times. The outlook suggests...
Oil and gas still take centre stage in Oman, accounting for more than half of GDP and 85% of government revenues. After a slump in 2000-07 as fields depleted, oil production is once again increasing, boosted by discoveries of new reserves and improved extraction techniques that glean more from old fields. Meanwhile, the government is looking to improve in-country value and the Omanisation of its...
Articles & Analysis | Ties that bind: Connecting energy infrastructure could create new opportunities from The Report: Peru 2014
While in the short term energy supply may be under considerable pressure due to rising demand caused by the rapidly growing economy, Peru’s wealth of natural resources bodes well for its long-term energy security, as well as the country’s potential to become a major energy exporter. With energy costs in neighbouring countries significantly...
Interviews & Viewpoints | OBG talks to Oscar González Rocha, President and CEO, Southern Copper Corporation (SCC) from The Report: Peru 2014
How easy is it to implement the new regulations on community relations and environmental studies?
Articles & Analysis | Fortune favours the brave: Stability proves key to significant growth in foreign investment from The Report: Peru 2014
In recent years mining companies from around the world have come to Peru in search of precious minerals and driven by demand for raw materials in emerging giants such as China, Brazil and India. The improved political and economic foundations that have been established following the tumultuous 1980s and 1990s have also played a key part in...