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Improved Resource Efficiency is Key to Asia-Pacific Progress
The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a
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Saudi Aramco PhD Student Wins MIT Research Award
Zeid Al Ghareeb, a Saudi Aramco sponsored student pursuing a Ph.D. in Petroleum Engineering at the Massachusetts Institute of Technology (MIT), has been awarded a Seed Fund grant of $150,000 for doctoral research from the MIT Energy Initiative (MITEI). The
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Mines and Money Beijing 2013
Mines and Money Beijing is China’s leading conference and exhibition focusing on Chinese outbound investment into international mining projects. With over 1,000 representatives from China’s leading mineral resource investors and 100 international mining companies in attendance this year, Mines and Money Beijing
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GCC: A Reliable Partner in Energy Supply
Saudi Oil minister Ali bin Ibrahim Al-Naimi believes that future demand for oil will remain strong, despite the difficult global economic situation. Speaking at the opening session of the Doha Energy Forum on April 1st he said, “The expectations of
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France and the Changing Face of Economic Power
The recent statement by France’s minister for industrial Recovery is not going to help France to continue to attract investment from the growth economies. Minister Arnaud Montebourg told French business daily Les Echos that, “We no longer want Arcelor Mittal because
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IMF | Gulf Cooperation Council: Economic Prospects and Policy Challenges for the GCC Countries
Executive Summary The already sluggish global recovery has suffered new setbacks and uncertainty weighs heavily on prospects. The euro area crisis intensified in the first half of 2012 and growth has slowed across the globe, reflecting financial market tensions, extensive
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DESERTEC: Clean Power From Deserts
By Michael Düren Solar power from deserts can contribute significantly to a future renewable energy system. The technically accessible solar potential in deserts exceeds the global energy demand by a factor of 20. In the DESERTEC concept, a smart super
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LEX Africa: The Changing Face of Power in Africa
By Greg Nott, director at Werksmans Attorneys, South African member firm of Lex Africa No longer the “dark continent”, Africa is shedding light on investors’ quest for new sources of energy. Recent oil and gas finds, coupled with renewable energy
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Brazil Oil Leak to Cost Chevron $25 million
Brazil’s National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais (approximately $25 million) for an oil leak at an offshore field last November. The U.S. oil producer was found to have committed 25 rules
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BRIC Stocks Now Out of Favour … Later to Be an Incredible Investment Opportunity
With BRIC stock valuations currently low and yet with strong long term projected growth a great buying opportunity may materialize at some point going forward. Meanwhile, attractive dividend yields of 4%-5% and more are available. The “BRICs” – Brazil, Russia,
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