• Energy

    OBG’s energy analysis looks at all aspects of the industry, including exploration and production, domestic usage and exports plus relationships between the government and IOCs. Where applicable, renewable energy, electricity demand, production, power station construction and local potential for nuclear power are analysed.
Displaying 19 - 24 of 1929

Chapter | Energy & Utilities from The Report: Ghana 2018

Ghana’s wealth and potential of hydrocarbons resources have helped it leverage a spike in headline GDP growth and inbound investment. However, in recent years the economy has suffered alongside other oil-producing nations, as global prices have declined in tandem with reduced demand. With continued exploration and new projects coming on-line, the country has its eyes on increased oil...

Since assuming power in January 2017 the administration of President Nana Akufo-Addo has moved to rein in fiscal spending, industrialise rural regions and improve the business environment in order to jump-start economic growth. The government has brought down the fiscal deficit and freed up capital spending for priority projects, and Ghana’s economic prospects appear strong for 2018.

 

Saudi Arabia was re-affirming diplomatic relations with key allies in East Asia when King Salman bin Abdulaziz Al Saud embarked on a tour of the region in early 2016, but the itinerary also included talks to cement existing commercial ties while paving the way for new investments and joint ventures (JVs). The Kingdom was also staking out...

 

Petro-dollars earned from oil exports comprise the majority of Saudi Arabia’s revenues, yet gas is seen as key to diversifying the economy. If the Kingdom is to make the most of the cost opportunity granted to it by oil, it must reduce the amount of oil used to generate power for factories and petrochemicals plants. The medium-term National...

 

At a time of great change in Saudi Arabia and amidst debates about rapid economic diversification, it is perhaps easy to overlook the fact that even in the most optimistic forecasts of Saudi Vision 2030 – the national development strategy – the oil and gas sector will account for at least half of the country’s exports in the fourth decade of...