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Afghanistan’s economic outlook is bleak

Location:

AFGHANISTAN

Afghanistan’s ruling Taliban want production to expand to 19,000 b/d shortly. They are counting on the extractives sector to help boost revenue and shore up the flailing economy.

Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

Decarbonising steel will be a long-term challenge

Location:

INTERNATIONAL

Other technological routes will be explored in tandem. Nonetheless, green steel could rejuvenate investment in greenfield steel production in Europe. Governments are likely to…

Libyan energy ambitions will likely fall short

Location:

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…

Morocco will chart a new stage for the car industry

Location:

MOROCCO

The new projects include a venture launched in the United Kingdom at the end of May that aims to produce electric sports utility vehicles (SUVs) in Morocco. Earlier in May, King…

Oman's LNG exports will increase as oil plateaus

Location:

OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

Russian aircraft plan will face serious obstacles

Location:

RUSSIA

With sanctions barring access to Western aircraft, Moscow intends to develop fully indigenous production and to replace hundreds of foreign-built airliners with domestic…

Mexican beer boom looks set to continue

Location:

MEXICO

Mexico has the fifth-highest level of overall beer consumption in the world, the United States the second. Mexico accounts for most US beer imports and US sales dominate Mexican…

Middle East states will look to Europe’s gas market

Location:

MIDDLE EAST/EUROPE

Eastern Mediterranean countries are scrambling to step up production and develop export channels for their gas to meet demand from Europe due to the Ukraine war. However, they…

South Africa logistics crisis will be tough to resolve

Location:

SOUTH AFRICA

The deal represents a major step forward in efforts to reform the transport sector, but dysfunctional rail and port networks continue to constrain exports and economic growth.