Faced with a fuel subsidy of $48m a month between January and May, the government has raised the price of fuel. On 12 May, the Energy Regulation Board (ERB) announced a 15% increase in the pump price for petroleum products. “This adjustment is...
A series of new appointments in government and public companies suggests that President Abdelaziz Bouteflika’s fourth term is finally gaining momentum. But in a complex and opaque political environment, the jury is very much out as to whether new...
The second Sustainable Energy for All forum (SE4All) in New York on 18-21 May heard that rapid global population growth threatens to outstrip increases in energy access and will require much more investment if ambitious plans to provide clean,...
In the days preceding the US-Gulf Co-operation Council (GCC) summit, attention focused largely on who would – or rather, would not – be attending. Much was made of the fact that Saudi Arabia’s King Salman Bin Abdelaziz would not be going, sending...
With a resolution of the protracted dispute between Kuwait and Saudi Arabia over the Partitioned Neutral Zone (PNZ) elusive as ever, there are reports Kuwait may seek international arbitration – a move that would not go down well in Riyadh....
It was already clear ahead of the 13-14 May US-Gulf Co-operation Council (GCC) summit that Gulf leaders were not going to come away with the written accord they desired, assuring them of US protection against an Iranian threat they fear will...
The International Monetary Fund (IMF)’s latest Article IV consultation for Oman concluded with a polite restatement of the macroeconomic problems confronting the sultanate, and the recommendation that further fiscal reform is essential, amid...
For a country with so much energy potential, Mozambique’s power sector is relatively underdeveloped. Big dam projects remain at the planning stage, and the grid is yet to connect urban areas in the south to generation in the centre. While...
A major piece in the West African Power Pool (WAPP) jigsaw came closer to fruition on 29 April when the World Bank board approved a $200m International Development Agency (IDA) credit facility for the Gambia River Basin Development Organisation (...
Despite Ghana’s severe power shortages, and the delays to the start of gas production from Jubilee, Kosmos Energy says lack of power generation capacity is limiting initial output. Chief executive Andy Inglis told a conference call to discuss...
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