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Panama mine contract end will worsen economic woes

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PANAMA

The decision followed weeks of protests over the terms of the newly revised contract. Cobre Panama, located in Colon province, is Central America’s largest open-pit copper mine…

Algeria's energy sector will grow

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ALGERIA

The energy sector underperforms its potential owing to chronic leadership instability, endemic corruption and stifling bureaucracy. Despite this, Algeria has experienced a…

Panama Canal woes will have local and global impacts

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PANAMA

The situation has sent policymakers scrambling to identify fixes, as shippers explore alternative routes and the country faces the loss of hundreds of millions of US dollars in…

Libyan energy ambitions will likely fall short

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LIBYA

Earlier, on January 7, NOC was forced to declare force majeure at Sharara oil field, the country’s largest, after protests shut it down. Oil and gas usually account for more than…

Colombia’s new mining law poses regulatory risks

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COLOMBIA

The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…

Foreign firms' influx will accelerate Saudi change

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SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

Seabed mining to advance despite climate risks

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INT

Various countries will increasingly permit or conduct seabed mining within their jurisdiction, while demand for metals for the green energy transition and international tensions…

US offshore wind sector will miss Biden's 2030 target

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UNITED STATES

Although the Inflation Reduction Act (IRA) is already channelling new funds into renewable energy, the US offshore wind sector faces financial challenges that will make Biden’s…

Nepotism scandal will pose reform risks in Paraguay

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PARAGUAY

The move follows a mounting nepotism scandal known as ‘nepobabies’ -- the appointment without any open selection process of many close relatives as ‘advisers’ to politicians in…

Slow growth may hit trust in Colombia’s government

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COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…