Coal production continues to rise in Mongolia amid the ongoing development of large mining projects aimed at increasing regional demand, yet the energy sector has also began exploring greener alternatives.
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Economic update | Mongolia: Energy windfalls
5 Apr 2012
Economic update | Abu Dhabi: Power savings
5 Apr 2012
With demand for electricity and water rising quickly, authorities in Abu Dhabi have taken steps to reduce consumption, including the introduction of a billing system that will indicate usage more clearly to consumers. Meanwhile, a recent study by an international consultancy firm shows that the introduction of some power-saving techniques could reduce electricity demand in the UAE by up to 50%.
Mining companies have flocked to these islands for years to take advantage of the country’s vast mineral resources. The Philippines ranks third in gold reserves, fourth in copper, and fifth in nickel worldwide. However, an upsurge in anti-mining and environmental awareness has contributed to a difficult regulatory environment, with some jurisdictions imposing local mining bans. Investment in the...
For a country surrounded by so many major oil and gas producers, the Philippines’ output is surprisingly low, suggesting that there are reserves waiting to be exploited. This may happen in the near future, with more than two dozen production blocks being put up for tender. Moreover, there are vast reserves waiting to be exploited in what the government dubs the West Philippine Sea, although these...
La compagnie pétrolière nationale publique algérienne, la Sonatrach, est passée à la vitesse supérieure dans son plan de développement qui prévoit 68 milliards de dollars d’investissements en 4 ans : elle a en effet signé un accord avec un consortium mené par la compagnie pétrolière espagnole Repsol pour le développement d’un projet gazier comportant six nouveaux champs dans la région de Reggane Nord.
Economic update | Kuwait: Petrochemicals resurgence
27 Mar 2012
Thanks to growing global demand for plastics in 2011, Kuwait’s petrochemicals companies reported improved financial results last year. Moreover, the sector looks set to expand, with the government investing in new facilities and taking steps to ensure that the industry has a sufficient supply of natural gas.