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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…
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DOI: 10.1108/OXAN-DB286532
ISSN: 2633-304X
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President Joe Biden has adopted a gradual approach to replacing fossil fuels with renewable resources, but a second term would see him under greater pressure to address record…
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DOI: 10.1108/OXAN-DB286744
ISSN: 2633-304X
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Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…
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DOI: 10.1108/OXAN-DB286656
ISSN: 2633-304X
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Geographic
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The move was not altogether unexpected, with the energy ministry having previously hinted it was possible. It nevertheless feeds concerns that the outgoing administration of…
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DOI: 10.1108/OXAN-DB287238
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…
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DOI: 10.1108/OXAN-DB285843
ISSN: 2633-304X
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Geographic
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Russia’s gas export strategy is predicated on the rapid growth of liquefied natural gas (LNG) exports. Following the collapse of pipeline gas sales to Europe, Russia’s plans to…
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DOI: 10.1108/OXAN-DB286171
ISSN: 2633-304X
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The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…