Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point
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Annual figures for Ghana’s nascent hydrocarbons sector – which has spurred a wave of capital spending in the country in recent years – have come in for 2011, bringing with them mixed news. While production levels fell short of expectations, output is expected to rise closer to targets within the next 18 months as technical adjustments begin to pay off.
Saudi Arabia is accelerating efforts to take its industrialisation process to the next level, moving from the processing of feedstocks – particularly hydrocarbons – towards utilising the resulting petrochemical materials for the manufacture of finished products. Rising demand on both the national power grid and on raw materials, however, could have an impact on the rate at which new developments are realised.
South Africa’s energy landscape is defined by increasing demand and limited capacity as the country’s energy needs have risen rapidly in recent years. Underinvestment in infrastructure remains a key challenge for the sector. The government has in recent years sought to develop a long-term energy strategy and has launched major efforts to diversify electricity-generating capacity, reduce...
The mining industry has long been a driving force behind South Africa’s economic growth. In 2010 it contributed 18% of GDP, and the country’s total reserves, while diminished, remain some of the world’s most valuable, with an estimated worth of $2.5trn. South Africa is perhaps best known for its gold, diamond and platinum riches but its wealth in other metals and minerals have also helped support...
As the first GCC country to discover hydrocarbons, Bahrain is now moving into a new period in its history where more complex techniques are required to extract its oil and natural gas deposits. Given that high oil prices have helped sustain the oil sector’s export earnings and contribution to the economy, the Kingdom has undertaken a renewed effort to increase its crude oil output. The country...