Tag "Oil"
EDA: Declining oil prices pose threat to Algerian economy
EXTERNAL DEPENDENCIES ANALYSIS: In view of declining oil prices further dependence on the hydrocarbon sector may lead Algeria to face economic and political tremors in the long term. One of the
EDA: Sudan’s economy balances on Chinese investment
EXTERNAL DEPENDENCIES ANALYSIS: Sudan’s economy lies in the hands of its Chinese trading partners, who have invested billions of dollars in the East African nation’s oil industry. As the conflict in
EDA: Egypt exposed to price shocks in subsidy overhaul
EXTERNAL DEPENDENCIES ANALYSIS: Egypt’s attempts to reform highly subsidized oil and grain markets reveal key trade vulnerabilities. Egypt’s dependency on imported oil and cereals (despite its own production) leaves it exposed
How Brazil is failing Petrobras
Petrobras has recently found itself mired in corruption scandals and holding sky-high debts that have led to the downgrade of its credit rating. Much of what’s behind the lagging performance
Hard policy choices ahead for the Central Bank of Nigeria
With a sliding currency, the Central Bank of Nigeria is faced with a difficult policy choice. Its efforts to stabilise the naira and tame inflationary pressures are likely to be
New energy bill creates uncertainty for investors in Nigeria
Nigeria tries to develop its stagnating oil reserves by attracting foreign investment through a new Petroleum Industry Bill. But the bill seems more likely to create greater political risk and scare
Venezuela buckles up for oil price turbulence
Only just avoiding default in October, Venezuela now tries to get public budgets in order to keep investors on board. Yet, a major debt crisis is still the most likely
Cutting oil production will not solve OPEC’s problems
As oil prices continue to fall, OPEC faces a dilemma at its meeting in Vienna on 27 November. Members must decide between decreasing production that will support the oil prices but
Local policies set back East Africa oil and gas projects
East African countries have recently discovered massive hydrocarbon reserves that could turn the area into a major supply region. Unfortunately, national projects might be held up as outdated or nonexistent
New oil tax laws in Russia could backfire
Eurasian integration in the new Eurasian Economic Union forces Russia to introduce a so called “tax maneuver” in its oil industry with negative consequences. Eurasian economic and political integration acquired special importance
