Natural resources and energy
Oil privatisation central to Mexico’s economic overhaul
In an act that was met with mixed views by its public, Mexico’s nationalised oil sector has been opened for private investment for the first time in 75 years. In
Oil glut could pose risk for U.S. shale oil revolution
With oil production reaching a historic peak, the U.S. may have to reconsider its 40-year-old ban on oil exports. The year 2014 could pose a milestone for the U.S. oil
Oman and BP finalise natural gas deal, signalling regional change
The Sultanate’s recent natural gas deal with BP signals greater economic and energy prowess for Oman, and a shift toward independent action rather than cooperation with other Gulf nations. Oman
Has India lost the bid for Sri Lanka’s hydrocarbons?
There have been signs of natural gas and oil reserves off the coast of Sri Lanka since the 1970s. However, a prolonged, bloody civil war lead to a halt in
Tensions rise as OPEC countries look to increase production
OPEC’s internal tensions rise as producers like Iran, Iraq and Libya, after years of production below capacity, look to increase output. Still, those increases will not come online for some
Argentina’s nationalized oil company may plague finances
A new deal between the Argentina and Repsol, a Spanish multinational oil and gas company, will mark a new era for Argentinian state finances. It also introduces an important question: will Repsol’s
India moves on long-term plans for Arctic investment
This year, India experienced economic turmoil that highlighted several obstacles to long-term growth. The rupee crash and slowed economic growth have led some to question whether the world’s largest democracy can
Laos’ Mekong dam construction threatens food security
With a reported 60 million people dependent on the Mekong River’s ecological environment, the Lao government’s decision to build a new dam in the Don Sahong area is ringing alarm bells throughout
Turkey tightens Kurdistan ties to Baghdad’s chagrin
Kurdistan, the oil-rich semi-autonomous region in northern Iraq, will begin selling oil to Turkey despite vocal objections by the Iraqi government over the contracts’ legitimacy. Turkish-Iraqi relations have suffered as
Cutting green taxes won’t fix the UK’s energy cost problems
Some of the UK’s green taxes are likely to be cut soon, but renewable energy may be the surprising beneficiary of the move. After two months of formulating a response
