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Ann Low, US Department of State: Good Corporate Governance is Good Business
OECD Guidelines on Corporate Governance of State-Owned Enterprises. Over the past decade, cross-border trade and investment by state-owned enterprises (SOEs) has surged. According to the OECD, whereas in 2005, there were only three SOEs in the Fortune Global 50 list
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Energy for the Masses: Raiders of the Lost Promise – The Holy Grail of Nuclear Fusion
All You Ever Wanted to Know about Stellarators and Tokamaks The vast amounts of energy released by splitting the atom has enabled scientists to produce both nuclear power and nuclear weapons, demonstrating that mankind’s amazing technical and creative ingenuity is
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PwC: Oil & Gas in Africa – Planning a Response to the Price Drop
Overall, activity in the oil and gas industry across the African continent has slowed in the wake of the declining prices in late 2014. Oil production in Africa has fallen from 10.1% to 9.6% of the world’s total in 2014.
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Energy Case Study: Peru
Peru is the third largest country in South America with a land area five times that of the UK. Peru has a long Pacific Ocean coastline buttressed by the high and rugged mountain ranges of the Andes which are flanked
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World Bank Group: Should Oil Exporters Shift Capital Stock to Renewables?
As the Financial Times pointed out recently, oil companies such as ExxonMobil and Shell would, under measures considered for the global climate pact to be sealed in Paris next year, cease to exist in their current forms in 35 years.
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Nigeria: An Economic Upswing Foretold
Oil prices have rebounded from their recent lows and may yet provide temporary relief to Nigeria, allowing the incoming administration of President-elect Muhammadu Buhari to forego some of the proposed budget cuts or, alternatively, increase capital expenditure. Though market watchers
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Otaviano Canuto, World Bank Group: BRICS Apart as Oil Prices Plunge
The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one stands as a producer or user, as illustrated here with the divergence of impacts on BRICS
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Countries and Oil Companies Agree to End Routine Gas Flaring
Endorsements of initiative so far represent more than 40% of global gas flaring. Chief executives from major oil companies joined together today with senior government officials from several oil-producing countries to commit, for the first time, to ending the practice
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Egypt: Set for Growth and Showcasing Opportunities
As the most populous Arab country with over 88 million inhabitants, Egypt has a definitive edge over most other emerging economies: a robust domestic market that allows for economies of scale. That – and the country’s privileged geographic position at
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Oil Price Plunge Analyzed In New World Bank Policy Research Note
Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices, according to a new paper by the World Bank. These underlying forces are
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